IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER&

SMT. RENU JAUHRI, ACCOUNTANT MEMBER ITA No. 3363/MUM/2025 (AY: 2020-21) ITA No. 3364/MUM/2025 (AY: 2019-20)

(Physical hearing)

SBI Life Insurance Company Limited Pr. CIT -1, Mumbai Natraj 5^th Floor, M.V. Road and Vs 330, 3^rd Floor, AayakarBhavan, Western Exp. Highway J., Andheri M.K. Road, Mumbai – 400020.

East, S.O. Mumbai-400069.

[PAN: AAFCS2530P]

Appellant / Revenue Respondent / Assessee Assessee by Shri Farooq Irani Senior Advocate with Ms AmrutaLele Advocate Revenue by ShriArunKantiDatta, CIT-DR Date of hearing 22.09.2025 Date of pronouncement 31.10.2025 Order under section 254(1) of Income Tax Act PER PAWAN SINGH, JUDICIAL MEMBER;

1. These two appeals by assessee are directed against the separate orders of Pr. CIT -1, Mumbai dated 25.03.2025 and 29.03.2025 for A.Y. 2019-20 and 2020-21 respectively. In both the appeals, the assessee has raised similar grounds of appeal, facts in both the years are similar. The ld. Pr. CIT directed assessing officer in his revision order to revise assessment order on common grounds. Thus, with the consent of both the party,both the appeals were clubbed, he