PR. COMMISSIONER OF INCOME TAX-1 vs M/S MIRAGE HOMES PVT. LTD.

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 01.12.2025 ITA 691/2025 PR. COMMISSIONER OF INCOME TAX, DELHI-1 .....Appellant Through: Mr. Vipul Agrawal, SSC with Ms. Sakashi Shairwal, JSC, Mr. Akshat Singh, JSC, Ms. Harshita Kotru, Mr. G. Ranjan, Advs versus M/S MIRAGE HOMES LTD. .....Respondent Through: None. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON’BLE MS. JUSTICE MINI PUSHKARNA V. KAMESWAR RAO , J. (ORAL) CM APPL. 75442/2025, CM APPL. 75443/2025 1. For the reasons stated in the applications, the delay of 73 days in filing and 708 days in re-filing the present appeal stands condoned. 2. The applications stand disposed of. CM APPL. 75444/2025 3. Exemption allowed, subject to all just exceptions. 4. The application stands disposed of. ITA 691/2025 5. This appeal has been filed with the following prayers:- “(a) To frame the substantial Question of Law mentioned in Para 2 of the appeal; (b) To frame any other substantial Questions of Law which may arise from the impugned orders dated 16.05.2023; (c) To set aside the impugned order dated 16.05.2023 of the Ld. ITAT passed in ITA No. 2622/Del/2016.” 6. This petition has been filed by the appellant/Revenue under Sectio