AdvertisementMI Industries (India) Pvt. Ltd. Vs DCIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT), Delhi, considered an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals)-NFAC dated 04.09.2025 arising from an assessment completed under Section 143(3) of the Income-tax Act, 1961 for Assessment Year 2014-15. The principal dispute related to the addition of ₹15,05,58,000 under Section 56(2)(viib) on account of share premium. The assessee, a private limited company engaged in setting up a textile processing plant in Aligarh, had issued and allotted 21,82,000 e...