IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’: NEW DELHI BEFORE SHRI SUDHIR K UMAR, JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA No.4557/Del/2025 (ASSESSMENT YEAR: 2016-17)

ACIT, Cinestaan Entertainment Pvt. Ltd. Circle-4(2), 303, Siddarth Chambers, Near IIT, New Delhi. Vs. Hauzkhas, New Delhi-110016.

PAN-AAFCC4067R (Appellant) (Respondent)

Assessee by Shri Pradeep Dinodia, CA, Shri R.K. Kapoor, CA, Shri Ravi Kumar, CA and Ms. Shruti Gupta, CA Department by Ms. Pooja Swaroop, CIT-DR Date of Hearing 04/02/2026 Date of Pronouncement 24/04/2026

O R D E R

PER MANISH AGARWAL, AM:

This appeal is filed by the Revenue against the order of Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A) in short], dated 13.06.2025 in Appeal No. CIT(A), Delhi- 2/10173/2018-19 arising out of the order passed u/s 143 of the Income Tax Act, 1961 (the Act, in short) dated 20.12.2018 for Assessment Year 2016-17.

2. Brief facts of the case are that assessee has e-filed its return of income on 05.10.2016 declaring total income of Rs.2,77,520/-. The case of the assessee was selected for limited scrutiny for examination of issue of its shares at p