IN THE INCOME-TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER &

SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER ITA No.1152/MUM/2025 (A.Y. 2014-15)

Mukon Constructions Private v/s. Assistant Commissioner of Limited Income Tax, Circle बनाम

31A, 3rd Floor, Tahnee Heights, 7(1)(1), Aayakar Bhawan, 66 Nepean Road, Malabar Hill Mumbai – 400020, S.O., Mumbai – 400 006, Maharashtra Maharashtra स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AADCM1616L ..

Appellant/ Respondent/

अपीलार्थी प्रतिवादी Appellant by : Shri Siddharth Srivashtav,AR Respondent by : Shri Annavaran Kasuri, (Sr. AR)

Date of Hearing 12.08.2025 Date of Pronouncement 13.10.2025 आदेश / O R D E R PER PRABHASH SHANKAR [A.M.] :-

The present appeal is preferred by the assessee against the order passed by the Learned Commissioner of Income-tax (Appeals)/National Faceless Appeal Centre, Delhi [hereinafter referred to as “CIT(A)”] pertaining to a penalty order passed u/s. 271(1)(c) of the Income-tax Act, 1961 [hereinafter referred to as “Act”] dated 30.06.2017 for the Assessment Year [A.Y.] 2014-15.

2. The grounds of appeal are as under:

1. The learned CIT (A), NFAC, Delhi has erred in confirming the penalty levied b