IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘D’ NEW DELHI BEFORE SHRI M BALAGANESH, ACCOUNTANT MEMBER AND SHRI VIMAL KUMAR, JUDICIAL MEMBER ITA No. 2404/Del/2025 Assessment Year: 2015-16 Income Tax Officer, Vs. Neem Chand, C/o Babu Lal Surender Aaykar Bhawan, Sector-14, Kumar, 112 Anajmandi, Adampurandi Hisar ( Haryana ) PIN: 125 052 Haryana, India PAN :AHFPC5351C (Appellant) (Respondent)

Department by Shri Lalit Mohan, CA.

Assessee by Shri Ajay Kumar Arora, Sr. DR Date of hearing 11.12.2025 Date of pronouncement 23.12.2025 ORDER PER VIMAL KUMAR, JUDICIAL MEMBER:

The appeal filed by the Department of Revenue is against order dated

11.02.2025 of Learned Commissioner of Income Tax (Appeals)/National Faceless Assessment Centre (NFAC), Circle-3(1)(1), Delhi (hereinafter referred to as “Ld. CIT(A)") under Section 250 of the Income Tax Act, 1961 (hereinafter referred to as "the Act”) arising out of order dated 29.05.2022 of the Learned Assessing Officer/Assessment Unit ((hereinafter referred to as "Ld. AO")

assessment year 2022-23 under Sections 147 r.w.s. 144B of the Income Tax Act, 1961 (hereinafter referred as “the Act”) for A.Y. 2015-16.

2. Brief facts of the case are that as per i