IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, MUMBAI SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER ITA No.6453/MUM/2025 (Assessment Year:2013-2014)

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ITA No.6452/MUM/2025 (Assessment Year:2014-2015)

Bombay Mercantile Co-op. Bank Ltd. Employees Co-op. Credit Society Ltd.

Navratan, 69, P. D’Mello Road, Carnac Bunder Mumbai – 400009.Maharashtra.

[PAN:AAAJB0706E] …………. Appellant Income Tax Officer - 17(1)(3), Mumbai Vs Kautilya Bhavan, Bandra Kurla Complex, Mumbai – 400051. Maharashtra …………. Respondent Appearance For the Appellant/Assessee : Shri Vijay Joshi For the Respondent/Department : Shri Leyaqat Ali Aafaqui Date Conclusion of hearing : 01.12.2025 Pronouncement of order : 09.12.2025

O R D E R

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Per Rahul Chaudhary, Judicial Member:

1. These are two appeals preferred by the same Assessee involving identical issues. The appeals were heard together and are being disposed off by way of common order.

ASSESSMENT YEAR 2013-2014 ITA No.6453/Mum/2025

2. We would first take up appeal preferred by the Assessee directed against the Order, dated 11/08/2025, passed by the National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as ‘the CIT(A)’] whereby th