IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “B” BENCH: NEW DELHI BEFORE SHRI RAJ KUMAR CHAUHAN, JUDICIAL MEMBER &

SHRI MANISH AGARWAL, ACCOUNTANT MEMBER [Assessment Year : 2012-13]

G.S.Buildwell Pvt.Ltd. vs ITO A-12, Swasthya Vihar, Ward-10(1)

East Delhi, Delhi-110092. Delhi PAN-AACCG1781H APPELLANT RESPONDENT Appellant by Shri Suresh Kumar Gupta, CA Respondent by Shri Rajesh Kr. Dhanistha, Sr.DR Date of Hearing 17.02.2026 Date of Pronouncement 08.04.2026

ORDER

PER MANISH AGARWAL, AM :

This appeal is filed by the assessee against the order of ld.

Commissioner of Income Tax, National Faceless Appeal Centre, New Delhi [“ld. CIT(A)”] dated 18.09.2025 arising out of the reassessment order passed u/s 143(3) r.w.s.147 of the Income Tax Act, 1961 (the Act) dated 07.12.2019 for A.Y. 2012-13.

2. Brief facts of the case are the assessee has filed its return of income on 24.03.2013, declaring total income at Rs. 30,97,670/-. The case was selected for scrutiny for the reason that assessee has received large share capital and share premium during the year. Thereafter the details were called for from time to time and after considering the same, the proceedings were completed u/s 143(3) of the Act vide o