आदेश/ORDER

PER VIJAY PAL RAO, VICE PRESIDENT :

This appeal ITA No.1077/Hyd/2025 by the Revenue and Cross Objection No.26/Hyd./2025 by the Assessee are directed against the Order dated 15.04.2025 of the learned CIT(A)-National Faceless Appeal Centre [in short “NFAC], Delhi, for the assessment year 2013-2014.

ITA.No.1077/Hyd./2025 - A.Y. 2013-2014 [Revenue Appeal]:

2. The Revenue has raised the following grounds of the appeal:

1. “Whether on the facts and circumstances of the case and in law the order of the Learned CIT(A) erred in holding that the addition on account of cash commission expense of Rs.2,93,31,381/ was made solely on suspicion by ignoring the facts brought on record establishing manipulation of derivative transactions as part of colourable device to generate fictitious gain with the aim to evade taxes due.

2. Whether on the facts and circumstances of the case and in law, the Learned CIT(A) erred in deleting the addition towards commission expenses by overlooking the fact that the entire transactions were stage managed with the object to facilitate the assessee to plough back its unaccounted income in the form of non-genuine profit?

3. Whether in the facts and circumstances of