KROSS DIAMONDS PVT. LTD vs INCOME TAX OFFICER, WARD 14(3)

$~1 & 2 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 24.11.2025 ITA 663/2025 ITA 664/2025 KROSS DIAMONDS PVT. LTD .....Appellant Through: Mr. M. P. Rastogi, Mr. Kaushik, Mr. Shivam Malik and Mr. Ram Naresh, Advocates. versus INCOME TAX OFFICER, WARD 14(3) .....Respondent Through: Mr. Abhishek Maratha, SSC, Mr. Apoorv Agarwal, JSC and Ms. Nupur Sharma, Mr. Gaurav Singh, Mr. Bhanukaran Singh, Ms. Muskaan Goel, Mr. Himanshu Gaur and Mr. Nischary Purohit, Advocates. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MR. JUSTICE VINOD KUMAR V. KAMESWAR RAO , J. (ORAL) CM APPL. 72254/2025(condn of delay in filing) in ITA 663/2025 CM APPL. 72267/2025(condn of delay in filing) in ITA 664/2025 1. For the reasons stated in the applications, the delay of 152 days in filing the appeals is condoned. 2. The applications stand disposed of. ITA 663/2025 ITA 664/2025 3. These two appeals filed by the Assessee under Section 260A of the Income Tax Act, 1961 (the Act) impugn the common order dated 18.12.2024 passed by the Income Tax Appellate Tribunal (ITAT) while deciding four cross appeals filed by the parties being ITA No.3200/Del/2018, ITA No.2886/Del/2018, ITA No.3201/Del/2018 and