आयकर अपीलीय अिधकरण, इंदौर (cid:586)ायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE SHRI B.M. BIYANI, ACCOUNTANT MEMBER AND SHRI PARESH M JOSHI, JUDICIAL MEMBER ITA No.170/Ind/2025 (Assessment Year : 2017-18)

Riddhi Siddhi Realty, बनाम/ Income Tax Officer

39 Shardhanand Marg, Vs. 4(1), Indore Indore (PAN:AALFR4212J)

(Assessee/Appellant) (Revenue/Respondent)

Assessee by Shri Ram Gilda, AR Revenue by Shri Ashish Porwal, DR Date of Hearing 30.09.2025 Date of Pronouncement 06.10.2025 आदेश / O R D E R Per Paresh M Joshi, J.M:

This is an appeal filed by the assessee Under Section 253 of the Income Tax Act, 1961 (hereinafter referred to as the “Act” for sake of brevity) before this Tribunal. The assessee is aggrieved by the order bearing Number ITBA/APL/S/250/2024- 25/1072525205(1) dated 24.01.2025 passed by the Ld. CIT(A) u/s 250 of the Act which is hereinafter referred to as the “Impugned order”. The relevant Assessment Year is 2017-18 and the corresponding previous year period is from 01.04.2016 to 31.03.2017.

2. FACTUAL MATRIX 2.1 That as and by way of an intimation order u/s 143(3) of the Act, dated 21.12.2019, the assessee’s total income exigible to tax was c