आयकर अपीलीय अिधकरण (cid:13)य(cid:14)य पीठ मुंबई म(cid:21)(cid:22)

IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI AMIT SHUKLA, JM &

SHRI ARUN KHODPIA, AM I.T.A. No. 5301/Mum/2025 (Assessment Year: 2012–13)

Income Tax Officer R Mehta & Co Room No. 405, 4^th Floor, Piramal 536, Panchratna, Mama Parmanand Chambers, Lower Parel, Mumbai, Vs. Marg, Opera House, Mumbai-400012 Mumbai- 400004, PAN: AAAFR1056P Revenue-(cid:1)(cid:2)(cid:3)(cid:4)(cid:5)(cid:6)(cid:7) / Appellant Assessee- (cid:8)(cid:9)(cid:10)(cid:6)(cid:7) / Respondent :

Assessee by : Shri. Rajeev Khandelwal Revenue by : Shri Annavaran Kosuri, Sr. AR Date of Hearing 23.12.2025 :

Date of Pronouncement : 30.12.2025

O R D E R

Per Arun Khodpia, AM:

The captioned appeal is filed by the revenue, directed against the order of Commissioner of income tax appeals (for short “ld. CIT(A)”), NFAC, New Delhi dated 18.06.2025, for the assessment year (AY) 2012 – 13, which in turn arises from the assessment order dated 18.12.2019 passed by Income Tax Officer, W-19(3)(1), Mumbai (for short “Ld. AO”)) under section 143(3) r.w.s.

147 of the Income Tax Act, 1961 (for Short “The Act”).

2. The grounds of appeal raised by the assessee i