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

SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER ITA No.4304/MUM/2025 (A.Y. 2012-13)

M. Lakhamsi & Co. v/s. Deputy Commissioner of 505, Churchgate Income Tax, Circle– 17(1), बनाम Chambers, 5, New Marine Kautilya Bhavan, Bandra Kurla Lines, Mumbai – 400 020, Complex, Bandra (East), Maharashtra Mumbai –400051, Maharashtra स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AABFM5192L ..

Appellant/ Respondent/

अपीलार्थी प्रतिवादी

Appellant by : Mr. Ketan Vajani, CA Respondent by : Shri Annavaran Kasuri, (Sr. AR)

Date of Hearing 09.09.2025 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 passedby 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 30.03.2018 for the Assessment Year [A.Y.] 2012-13.

2. The grounds of appeal are as under:

1. On the facts and in the circumstances of the case, the assessing officer has erred in levyi