IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE JUSTICE (RETD.) C V BHADANG, PRESIDENT &

MS PADMAVATHY S, AM I.T.A. No. 2943/Mum/2023 (Assessment Year: 2014-15) I.T.A. No. 2894/Mum/2023 (Assessment Year: 2015-16) I.T.A. No. 2893/Mum/2023 (Assessment Year: 2016-17) I.T.A. No. 3160/Mum/2023 (Assessment Year: 2017-18) I.T.A. No. 3173/Mum/2023 (Assessment Year: 2018-19)

Dy. Commissioner of Income Small Industries Development Bank Tax, Circle-3(3)(1), of India, Room No. 609, Aayakar Bhavan, SME Development Centre, M.K. Road, Mumbai- 400020. Vs. C-11, G Block, Bandra Kurla Complex, Bandra (East), Mumbai-400051 PAN: AABCS3480N Appellant) : Respondent I.T.A. No. 2971/Mum/2023 (Assessment Year: 2017-18) I.T.A. No. 2970/Mum/2023 (Assessment Year: 2018-19)

Revenue by : Shri Arun Kanti Datta, CIT-DR Assessee by : Shri Rakesh Joshi, AR Date of Hearing 02.09.2025 :

Date of Pronouncement : 10.10.2025 O R D E R Per Padmavathy S, AM:

These cross appeals by the revenue and the assessee for Assessment Years (AY) 2017-18 & 2018-19 and the appeals of the revenue for AY 2014-15 to 2016- 17 are against the separate orders of the Commissioner of Income Tax (Appeals) / National Faceless Appeal Cen