IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH, F: NEW DELHI BEFORE VIKAS AWASTHY, JUDICIAL MEMBER AND SHRI BRAJESH KUMAR SINGH, ACCOUNTANT MEMBER [Assessment Year: 2014-15]

Puri Oil Mills Limited, The ACIT/ DCIT, 302, Jyoti Shikhar, Janak Puri, Circle 20(1), New Delhi- 110058. Vs IP Estate, Room no. 219, New Delhi.

PAN- AAACP3653M Assessee Revenue Assessee by Shri S.K. Vatta, CA Revenue by Ms. Harpreet Kaur Hansra, Sr. DR Date of Hearing 24.09.2025 Date of Pronouncement 19.12.2025

ORDER

PER BRAJESH KUMAR SINGH, AM, This appeal by the assessee is directed against the order of the learned Commissioner of Income Tax (Appeals)-7, New Delhi, dated 05.01.2018 [hereinafter referred to as the ‘Ld. CIT(A)’] arising out of the assessment order dated 26.12.2016 order passed under Section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) passed by the DCIT, Circle- 20(1), New Delhi, (hereinafter referred to as the ‘Ld. AO’) pertaining to A.Y. 2014-15.

2. Brief facts of the case: the assessee-company e-filed its return of income for AY 2014-15 on 29.11.2014 declaring a total income of Rs.5,45,26,882/-. The case was selected for scrutiny under CASS and a statutory notice