IN THE INCOME TAX APPELLATE TRIBUNAL “A’’BENCH: BANGALORE BEFORE SHRI PRASHANT MAHARISHI,VICE PRESIDENT AND SHRI KESHAV DUBEY, JUDICIAL MEMBER ITA No. 2575/Bang/2025 Assessment Year : 2016-17 Deccan Creations Private Ltd #Regd. Office 306-B, 4^th Phase, 5^th Main Peenya Small Industries SO ACIT Vs.

Bengaluru 560 058 Circle 2(2)(1)

Bengaluru PAN NO : AAACD5156F APPELLANT RESPONDENT Appellant by : Ms. Ema Bindu, A.R. Respondent by : Sri Balusamy N., D.R.

Date of Hearing : 18.02.2026 Date of Pronouncement : 27.04.2026

O R D E R

PER KESHAV DUBEY, JUDICIAL MEMBER:

This appeal at the instance of the assessee is directed against the order of ld. CIT(A)/NFAC dated 09.09.2025 vide DIN & Order No. ITBA/NFAC/S/250/2025-26/1080477258 (1) passed u/s. 250 of the Income Tax Act, 1961 (in short “the Act”) for the AY 2016-17.

2. The assessee has raised the following grounds of appeal:-

3. Brief facts of the case as narrated by the ld. AR of the assessee are that the assessee company was incorporated on 02.08.1996, as a leather manufacturer and exporter. Later in the year 2015, the company transferred its manufacturing division to another transferee company as per the order of the Hon’ble High Court of Karna