IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘E’, NEW DELHI BEFORE SH. SUDHIR KUMAR, JUDICIAL MEMBER AND SH. MANISH AGARWAL, ACCOUNTANT MEMBER ITA No.3573/Del/2024 Assessment Year: 2016-17 Income Tax Officer, Vs Mam Raj ChuNni Lal Exim Ward- 46 (1) Shop No. 5183, Ground New Delhi Floor, Lahori Gate, Naya Bazar, Delhi -110006 PAN No.AAXFM0533B (APPELLANT) (RESPONDENT)

Cross Objection No. 45/Del/2025 (In ITA No.3573/Del/2024) Assessment Year: 2016-17 Mam Raj Chunni Lal Exim Shop Vs Income Tax Officer, No. 5183, Ground Floor, Lahori Ward- 46 (1)

Gate, Naya Bazar, Delhi -110006 New Delhi PAN No.AAXFM0533B (APPELLANT) (RESPONDENT) Department by Ms. Ankush Kalra, Sr. DR Assessee by Dr. Rakesh Gupta, Advocate Sh. Somil Agarwal, Advocate Sh. Saksham Agarwal, CA Sh. Deepesh Garg, Advocate Date of hearing: 04/11/2025 Date of Pronouncement: 12/12/2025

ORDER

PER SUDHIR KUMAR, JM:

This appeal by the Revenue and Cross Objection by the assessee are directed against the order of National Faceless Appeal Centre, Delhi [hereinafter referred to as “NFAC”], vide order dated 11.07.2024 pertaining to A.Y. 2016-17 arising out the assessment order dated 26-05-2023 under section 147 r.w.s 144B of the Incom