IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI R. K. PANDA, VICE PRESIDENT AND Ms. ASTHA CHANDRA, JUDICIAL MEMBER Assessment year : 2018-19 Ghodawat Skystar LLP DCIT, Circle – 1, Kolhapur (Formerly Ghodawat Consumer Products LLP)

Vs.

Plot No.438, AP Chipri VIA Jaysingpur Shirol, Kolhapur – 416101 PAN: AAMFG7028C (Appellant) (Respondent)

Assessee by : Shri B S Rajpurohit Department by : Shri Rajesh Gawali, Addl.CIT Date of hearing : 08-12-2025 Date of pronouncement : 09-12-2025

O R D E R

PER R.K. PANDA, VP:

This appeal filed by the assessee is directed against the order dated

11.03.2025 of the Ld. CIT(A) / NFAC, Delhi relating to assessment year 2018-19.

2. Although a number of grounds have been raised by the assessee, however, these all relate to the order of the Ld. CIT(A) / NFAC in confirming the disallowance of depreciation of Rs.1,00,05,726/- made by the Assessing Officer and Rs.1,68,60,314/- disallowed by the Assessing Officer out of interest expenses.

3. Facts of the case, in brief, are that the assessee is an LLP and filed its return of income on 31.10.2018 declaring total income at Rs.Nil. The return was processed u/s 143(1) of the Income Tax Act, 1961 (herei