IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH, ‘B’: NEW DELHI BEFORE SHRI C.N. PRASAD, JUDICIAL MEMBER AND SHRI SANJAY AWASTHI, ACCOUNTANT MEMBER ITA No.2383/Del/2024 [Assessment Year: 2015-16]

Rahul Gupta Vs. PCIT

303-C, Delhi Road, Ghaziabad Partapur Industrial Area, Meerut Uttar Pradesh 250001 PAN No.AGGPG1879D Appellant Respondent Appellant by Sh. Manish Yadav, Advocate Respondent by Ms. Pooja Swaroop, CIT DR Date of Hearing 11.03.2026 Date of Pronouncement 19.05.2026

ORDER

PER C.N. PRASAD, J.M.

This appeal is filed by the assessee against the order of Ld.PCIT dated 26.03.2024 for the A.Y. 2015-16 u/s.263 of the Act.

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

“1. On the facts and circumstances of the case, the order of PCIT u/s 263 is bad in law as well on facts.

2. On the facts and the circumstances of the case the PCIT has erred in holding that the order of the AO is erroneous in so far as prejudicial to the interest of revenue.

3. On the facts and circumstances of the case, the PCIT u/s 263 has erred in observing that AO has accepted the returned income of the assessee without making proper enquiries and without considering relevant evidences.

4. On the facts and ci