ASSISTANT COMMISSIONER OF INCOME TAX, DELHI vs. TIMES CONTENT LIMITED (NOW KNOWN AS TIMES INTERNET LIMITED), DELHI

ITA 5328/DEL/2024Status: DisposedITAT Delhi03 September 2026AY 2016-1711 pages

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Income Tax Appellate Tribunal, DELHI BENCH ‘H’: NEW DELHI

Before: SHRI SUDHIR KUMAR & SHRI MANISH AGARWAL

For Appellant: Shri Sourabh Gupta, CA
For Respondent: Shri Bhopal Singh, CIT-DR
Hearing: 23/06/2026

PER MANISH AGARWAL, AM: All these three appeals are filed by the Revenue against the orders of the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [‘CIT(A)’ in short] all dated 05.10.2024 passed u/s 250 of the Income Tax Act, 1961 (the Act, in short) arising out of the assessment orders for Assessment Years 2016-17 to 2018-19. 2. All the three appeals having common issues, therefore, they are taken together for consideration. First we take Assessment Year 2016-17 as the lead case.

ITA NO. 5328/Del/2024 for AY 2016-17

3.

Brief facts of the case are that the assessee filed its return of income on 10.10.2016 declaring total income

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