INCOME TAX APPEAL No. 44 of 2026 at Allahabad

HIGH COURT OF JUDICATURE AT ALLAHABAD INCOME TAX APPEAL No. - 44 of 2026 Principal Commissioner Of Income Tax And Another .....Appellant(s) Versus M/S Livros Publishing Pvt. Ltd., .....Respondent(s) Counsel for Appellant(s) : Ankur Agarwal Counsel for Respondent(s) : Suyash Agarwal Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE SWARUPAMA CHATURVEDI, J. 1. Heard Shri Ankur Agarwal, learned counsel for the appellants and Shri Rakesh Ranjan Agarwal, learned Senior Advocate assisted by Shri Sumit Mishra, learned counsel for assessee. 2. Present appeal filed by the revenue arises from the order dated 08.10.2025 passed by the Income Tax Appellate Tribunal, Delhi Bench, Delhi in ITA No. 1971/Del/2020, Assessment Year: 2012-13, Income Tax Officer Vs. M/s Livros Publishing Pvt. Ltd. By that order, learned Tribunal has dismissed the revenue's appeal and thereby confirmed the order passed by the Commissioner Income Tax (Appeal), Meerut dated 28.08.2020 allowing the assessee's appeal against the assessment order dated 27.03.2015. 3. The present appeal has been pressed on the following question of laws: "3. Whether the Ld. ITAT has erred in law and on facts in ignoring the genuineness o