IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “C”, MUMBAI BEFORE SHRI ANIKESH BANERJEE, JUDICIAL MEMBER AND SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER ITA No.7296/Mum/2025 (Assessment Year: 2016-17)

Income Tax Officer – vs Pramod Dagadu More

28(3)(1), Mumbai 1st Floor, Om Villa, Plot No. Room No. 316, Tower No. 98, Sector-12, Vashi, Navi 6, Vashi Railway Station Mumbai-400703, Navi Commercial Complex Mumbai.

Building, Navi Mumbai.

PAN: AFSPM7474B APPELLANT RESPONDENT Assessee by : Shri TanmayPadhke Revenue by : Shri R. A. Dhyani – CIT DR &

Shri V. S. Mahajan, - Sr. DR Date of hearing : 05/05/2026 Date of pronouncement : 14/05/2026 O R D E R Per: Anikesh Banerjee (JM):

The instant appeal of the revenue filed against the order of the NFAC, Delhi [for brevity “the Ld. CIT(A)”], order passed under section 250 of the Income Tax Act, 1961 (for brevity “the Act”), for Assessment Year 2016-17, date of order 25.09.2025. The impugned order emanated from the order of the Ld. Income Tax Officer, Ward 28(3)(1), Mumbai [for brevity, the “Ld. AO”], order passed under section 147 of the Act, date of order 29.03.2024.

2. The brief facts of the case are that the assessment was completed by iss