IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES : I : NEW DELHI BEFORE SHRI ANUBHAV SHARMA, JUDICIAL MEMBER AND SHRI BRAJESH KUMAR SINGH, ACCOUNTANT MEMBER Assessment Year: 2017-18 JEKPL Private Limited, Vs DCIT, Tower B, 20^th Floor, Circle-13(1), Alphathum, Plot No.1, Delhi.

Sector-90, Gautam Budh Nagar, Uttar Pradesh – 201 305.

PAN: AABCE2251K (Appellant) (Respondent) Assessee by : Shri Neeraj Jain, Advocate &

Ms. Richa Aggarwal, AR Revenue by : Shri Dharamvir Singh, CIT-DR Date of Hearing : 22.10.2024 Date of Pronouncement : 17.01.2025

ORDER

PER ANUBHAV SHARMA, JM This appeal is preferred by the Assessee against the final assessment order dated 23.02.2022 of the National Faceless Assessment Centre, Delhi (hereinafter referred to as the Ld. AO) passed u/s 143(3) r.w.s. 144C(13) r.w.s. 144B of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) for assessment year 2017-18.

2. Heard and perused the record. The controversy raised in this appeal by way of ground no. 2 with its sub-grounds is variation to returned income cannot be made on the appellant in terms of provision of Insolvency and Bankruptcy Code, 2016 (‘IBC’), in the background that as the assessee company, on 03