Sh. Ravinder Kumar Aggarwal, New Delhi V. ITO, New Delhi

CO 353/DEL/2009

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 4732 (ITAT-DELHI)
• Duration Of Justice: 9 year(s) 4 month(s) 21 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 18-03-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 25-05-2017
• Assessment Year: 2001-2002
• Appeal Filed On: 27-10-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SURENDER PAL
• Assessee Lawyers: SAUBHAGYA AGGARWA
• Keywords: Loose papers; Opportunity of being heard; Additional evidence; Accommodation entries; Reassessment proceedings
• Section: 142(1); 143(1); 201; 143(2); 147; 68; 148; 144

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH : F , NEW DELHI BEFORE SHRI BHAVNESH SAINI , JUDICIAL M EMBER AND SH RI O.P. KANT , ACCOUNTANT MEMBER ITA NO .3595 /DE L/ 2009 ASSESSMENT YEAR : 2001 - 02 INCOME TAX OFFICER, WARD - 223, C.R. BUILDING, IP ESTATE, NEW DELHI VS. SH. RAVINDER KUMAR AGGARWAL, 301, G.K. HOUSE, 187 - A, SANT NAGAR, EAST OF KAILASH, NEW DELHI PAN : ACBPA8839L (APPELLANT) (RESPONDENT) AND C.O. NO.353/DEL/2009 [IN ITA NO .3595 /DEL/ 2009] ASSESSMENT YEAR: 2001 - 02 SH. RAVINDER KUMAR AGGARWAL, 301, G.K. HOUSE, 187 - A, SANT NAGAR, EAST OF KAILASH, NEW DELHI VS. INCOME TAX OFFICER, WARD - 223, C.R. BUILDING, IP ESTATE, NEW DELHI PAN : ACBPA8839L (APPELLANT) (RESPONDENT) DEPARTMENT BY SH. SURENDER PAL, SR.DR ASSESSEE BY SH. SAUBHAGYA AGGARWA, ADV. DATE OF HEARING 13.03.2019 DATE OF PRONOUNCEMENT 18.03.2019 2 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 ORDER PER O.P. KANT, A .M. : THIS APPEAL BY THE R EVENUE AND CROSS OBJECTION BY THE ASSESSEE ARE DIRECTED AGAINST ORDER DATED 15/05/2009 PASSED BY THE LD. COMMISSIONER OF INCOME - TAX (APPEALS) - XVIII, NEW DELHI [IN SHORT THE LD. CIT(A) ] FOR ASSESSMENT YEAR 2001 - 02 . 2. THE GROUNDS RAISED BY THE R EVENUE IN THE APPEAL ARE REPRODUCED AS UNDER: 1. ON THE FACTS AND IN THE CIRCUMSTANCES OF THE CASE AS WELL AS IN LAW, THE LD. CIT(A) HAS ERRED IN DELETING THE ADDITION MADE U/S 68 OF THE I.T. ACT OF RS.3,20,40,000/ - . THE LD. CIT(A) HAS NOT APPRECIATED THAT THE AMOUNT HAS BEEN RECEIVED FROM AN ACCOMMODATION ENTRIES PROVIDED. 2. ON THE FACTS AND IN THE CIRCUMSTANCES OF THE CASE AS WELL AS IN LAW, LD. CIT(A) HAS ERRED IN GRANTING THE RELIEF TO THE ASSESSEE BY ADMITTING FRESH EXPLANATION AND EVIDENCES (NON PRODUCED BEFORE THE AO DURING THE COURSE OF ASSESSMENT) WITHOUT ALLOWING PROPER TIME TO AO TO ENQUIRE TO SUCH FRESH EVIDENCE. 3. THE APPELLANT CRAVES TO BE ALLOWED TO ADD, DELETE OR AMEND ANY OTHER GROUNDS OF APPEAL. 3. THE GROUNDS RAISED IN THE CROSS OBJECTION BY THE ASSESSEE ARE REPRODUCED AS UNDER: 1. THE LEARNED CIT(A) HAS ERRED BY DISMISSING G ROUND NO.2, 3, AND 4 AND SUSTAINING THE REOPENING OF THE CASE U/S 147 WHEN THE SAME ARE NOT APPLICABLE ON THE FACTS OF THE CASE. 4. B RIEFLY STATED FACTS OF THE CASE ARE THAT THE ASSESSEE FILED RETURN OF INCOME FOR THE YEAR UNDER CONSIDERATION ON 3 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 30/10/2001 , DECLARING TOTAL INCOME OF RS. 1,91,440/ - , WH ICH WAS PROCESSED ON 21/06/2002, UNDER SECTION 143(1) OF THE INCOME - TAX A CT, 1961 (IN SH ORT THE A CT ). SUBSEQUENTLY, ON R ECEIPT OF INFORMATION FROM THE ADDITIONAL DIRECTOR OF INCOME TAX (I NVESTIGATION), AGRA, THAT THE ASSESSEE IS BENEFICIARY OF ACCOMMODATION ENTRIES PROVIDED ONE SHARE BROKER, THE CASE WAS REOPENED AND NOTICE UNDER SECTION 14 8 OF THE A CT WAS ISSUED ON 31/03/2008, REQUIRING THE ASSESSEE TO FURNISH RETURN OF INCOME. IN RESPONSE, THE ASSESSEE VIDE LETTER DATED 28/04/2008 , SUBMITTED TO TREAT THE ORIGINAL RETURN OF INCOME FILED ON 30/10/2001 A S RETURN OF INCOME FILED IN RESPONSE TO NOTICE UNDER SECTION 148 OF THE A CT. ON 28/04/2008 , THE ASSESSEE ALSO SUBMITTED A LETTER CHALLENGING THAT NOTICE UNDER SECTION 148 OF THE ACT WAS ILLEGAL, BARRED BY LIMITATION AND OUT OF JURISDICTION. THE ASSESSING OFFICER IN PARA 10 BELOW THE TABLE HAS M ENTIONED THAT THE QUERIES /OBJECTIONS RAISED BY THE ASSESSEE VIDE LETTER DT. 28.04.2008 WERE DISPOSED OF V IDE LETTER DATED 09/06/2008. THE ASSESSING OFFICER IN THE ASSESSMENT ORDER HAS REPRODUCED AS HOW THE OBJECTION OF ASSESSEE ON NOTICE BARRED BY LIMITAT ION AND REOPENING BEING OUT OF JURISDICTION WERE REJECTED . THE ASSESSEE FURTHER REQUESTED TO SUPPLY THE REASONS TO BELIEVE RECORDED , WHICH WERE ALSO SUPPLIED TO HIM ON 09/06/2008. THE ASSESSING OFFICER HAS REPRODUCED THE REASONS RECORDED IN PARA - 4 OF THE ASSESSMENT ORDER. THEREAFTER, T HE ASSESSING OFFICER ISSUED STATUTORY NOTICES UNDER SEC TION 143(2) AND 142(1) OF THE A CT, HOWEVER , THERE WAS NO COMPLIANCE ON THE PART OF THE ASSESSEE. ON SUBSEQUENT NOTICES ISSUED, ALSO THERE WAS NO COMPLIANCE EITHER ON THE ONE OR OTHER GROUND. THE ASSESSING OFFICER ALSO ISSUED 4 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 FINAL SHOW CAUSE NOTICE , HOWEVER , SAME WAS ALSO NOT COMPLIED AND ASSESSING OFFICER COMPLETED ASSESSMENT UNDER SECTION 144 READ WITH SECTION 147 OF THE ACT ON 03/12/2008. IN THE ASSESSMENT, THE ASSESSIN G OFFICER HAS REPRODUCED RELE VANT PART OF THE REPORT OF THE A SSISTANT D IRECTOR OF INCOME T AX ( I NVESTIGATION), AGRA. IT IS MENTIONED IN THE REPORT THAT IN THE COURSE OF SURVEY UNDER SECTION 133 A OF THE ACT AT THE PREMISES OF M/S AAYUSHI S TOCK BROKERS PRIVATE LIMITED (IN SHORT AAYUSHI ) , LARGE NUMBER OF INCRIMINATING MATERIALS INCLUDING BOOKS OF ACCOUNTS, BILLS, LOOSE PAPERS, DIARIES WERE FOUND AND IMPOUNDED. DURING ASSESSMENT PROCEEDING OF THE SAID PARTY , IT WAS FOUND THAT THE SAID SHARE BROKER WAS IN VOLVED IN MONEY LAUNDERING BUSINESS ON A VERY LARGE SCALE AND IN THE GARB OF SHARE BROKING BUSINESS, HE WAS ACTUALLY INVOLVED IN PROVIDING ACCOMMODATION ENTRIES IN THE SHAPE OF BOGUS SHARE MONEY, SHARE APPLICATION MONEY, LONG - TERM CAPITAL GAIN AND SHORT - TE RM CAPITAL GAIN ETC. A LIST OF ACCOMMODATION ENT RIES HAVING TOTAL AMOUNT OF RS. 3,20,40,000/ - OBTAINED BY THE ASSESSEE, HAVE BEEN REPRODUCED BY THE ASSESSING OFFICER IN THE IMPUGNED ASSESSMENT ORDER. ACCORDING TO THE ASSESSING OFFICER, THE ASSESSEE DELIBERAT ELY AVOIDED THE ASSESSMENT PROCEEDING, ACCORDINGLY , HE MADE THE ADDITION FOR THE AMOUNT OF RS. 3,20,40,000/ - UNDER SECTION 68 OF THE A CT. AGGRIEVED, THE ASSESSEE FILED APPEAL BEFORE THE LD. CIT(A) , RAISING THE GROUNDS CHALLENGING THE LEGALITY OF THE REASSES SMENT PROCEEDING AS WELL AS MERIT OF THE ADDITION. BEFORE THE LD. CIT(A) , THE ASSESSEE CLAIMED TH AT AMOUNT RECEIVED FROM AAYUSHI COMPRISED OF RS. 2,92,38,729 / - AS SALE OF SHARES OF LISTED COMPANIES; RS.5,00, 000 / - FROM SALE OF SHARES OF NON - LISTED 5 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 COMPANIE S; RS.2,80 ,000/ - TOWARDS S ALARY AND REIMBURSEMENT AND RS. 11 , 50,000 / - TOWARDS REFUND OF ADVANCES. THE ASSESSEE ALSO FILED ADDITIONAL EVIDENCE CONSISTING OF PURCHASE AND SALE BILLS, BROKERS NOTE, CONFIRMATION, BANK STATEMENT ETC . TO SUPPORT ITS CLAIM OF RECE IPT OF MONEY FROM AAYUSHI . THE LD. CIT(A) FORWARDED ALL THOSE ADDITIONAL EVIDENCES TO THE ASSESSING OFFICER. THE LD. ASSESSING OFFICER OBJECTED ADMISSI ON OF THE ADDITIONAL EVIDENCES V IDE REMAND REPORT DATED 04/03/2009 AND 09/04/2009. ACCORDING TO LD. CIT (A), DUE TO CONFUSION OF THE ASSESSMENT YEAR AND THEREAFTER DUE TO ILLNESS OF THE ASSESSEE, THE ASSESSEE WAS PREVENTED BY SUFFICIE NT REASON S TO PRODUCE THE DOCUMENT S BEFORE THE ASSESSING OFFICER AND ACCORDINGLY, HE ADMITTED THOSE ADDITIONAL EVIDENCES AND A FTER CONSIDERING SUBMISSION OF THE ASSESSEE, HE ALLOWED THE A PPEAL OF THE ASSESSEE ON MERIT, T HOUGH ON LEGAL GROUNDS CHALLENGI NG THE NOTICE UNDER SECTION 148 , ISSUE OF LIMITATION AND JURISDICTION OF REASSESSMENT PROCEEDING, HE REJECTED THE CONTENTION OF T HE ASSESSEE. AGGRIEVED , WITH THE FINDI NG OF THE LD. CIT(A), BOTH THE R EVENUE AND THE ASSESSEE ARE BEFORE THE T RIBUNAL BY WAY OF THE APPEAL AND THE CROSS OBJECTION RESPECTIVELY. 5. BEFORE US, THE LD. COUNSEL OF THE ASSESSEE FILED A PAPER BOOK CONTAINING PAGES 1 TO 122 . THE LD. COUNSEL OF THE ASSESSEE REFERRED TO THE LETTER DATED 28/04/2008 AVAILABLE ON PAGE 8 OF THE PAPER BOOK , WHICH IS A COPY OF THE OBJECTION FILED BY THE ASSESSEE BEFORE THE ASSESSING OFFICER AGAINST THE NOTICE ISSU ED UN DER SECTION 148 OF THE A CT. THE LD. COUNSEL ALSO REFERRED TO PARA 7 OF THE ASSESSMENT ORDER AND SUBMITTED THAT SAID OBJECTION S OF THE ASSESSEE CHALLENGING ISSUE OF NOTICE UNDER SECTION 148 WERE 6 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 DISPOSED OFF ONLY IN THE ASSESSMENT ORDER AND NOT BEFORE . SUPP ORTING THE CROSS OBJECTION , HE SUBMITTED THAT THE ASSESSING OFFICER HAS NOT DISPOSED OF THE OBJECTIONS OF THE ASSESSEE BEFORE COMPLETION OF THE ASSESSMENT, WHICH BEING IN VIOLATION OF THE DECISION OF THE HON BLE SUPREME COURT IN THE CASE OF GKN D RIVESHAFT (INDIA) LTD . VS INCOME TAX OFFICER AND O THERS R EPORTED IN 2002 - TIOL - 634 - SC - IT , THE REASSESSMENT PROCEEDINGS ARE ILLEGAL AND BAD IN LAW. IN SUPPORT OF THE CONTENTION , HE RELIED ON THE FOLLOWING DECISIONS: 1 . GENERAL MOTORS INDIA LTD. VS. DCIT, 354 ITR 244, 2 . M/S. BHARUCH ENVIRO LTD. VS. DY. COMM. OF INCOME TAX, BHARUCH; ITA NO. 731 & 732/AHD/2007, DATED 05.08.2014 6. THE LD. COUNSEL ALSO SUBMITTED THAT THE REASONS RECORDED ARE MERE SUSPICION AND BEING WITHOUT ANY ENQUIRY BY THE ASSESSING OFFICER, NEED TO BE QUASHED. IN SUPPORT OF THE CONTENTION HE RE LIED ON THE FOLLOWING DECISIONS : 1. G & G PHARMA INDIA LTD. VS. INCOME TAX OFFICER, ITA NO. 3149/DEL/2013, ORDER DATED 09.01.2015 ; 2. ACIT VS. DEVESH KUMAR, ITA NO.2068/DEL/2010, ORDER DATED 31 ST OCTOBER, 2014, 3. INCOME TAX OFFICER VS. ARTI KHATTER, ITA NO. 2395/DEL/2012, ORDER DATED 22 ND AUGUST, 2014, 4. CIT VS. DR. PRADEEP GUPTA, 303 ITR 95 (DEL.) 5. PR. CIT VS. G & G PHARMA , ITA NO. 545/2015, ORDER DATED 08.10.2015 (DEL. H.C.) 7. ON THE MERIT OF THE ADDITION, HE SUBMITTED THAT ALL THE CREDITS RECEIVED FROM M/S AAYUSHA SHARE BROKERS PRIVATE L IMITED 7 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 STANDS EXPLAINED BEFORE THE LD. CIT(A). ACCORDINGLY , HE SUBMITTED THAT ON MERIT, THE ORDER OF THE LD. CIT(A) MIGHT BE SUSTAINED. 8. ON THE CONTRARY, THE LD DR FILED A PAPER BOOK CONTAINING PAGES 1 - 112 AND ON THE ISSUE OF CROSS OBJECTION , HE SUBMITTED THAT THE OBJECTIONS RAISED ON THE ISS UE OF NOTICE UNDER SECTI ON 148 V IDE LETTER DATED 28/04/2008 BY THE ASSESSEE CONTESTING IT AS ILLEGAL DUE TO BARRED BY LIMITATION AND BEYOND JURISDICTION, WERE DISPOSED OF BY THE ASSESSING OFFICER ON 09/06/2008 AND IN THE ASSESSMENT ORDER HE HAS MERELY REPRODUCED THE GROUND OF REJ ECTION. THUS, HE REJECTED THE CONTENTION OF THE LD. COUNSEL THAT OBJECTIONS OF THE ASSESSEE HAVE BEEN DISPOSED OFF ONLY IN ASSESSMENT ORDER AND NOT IN A SEPARATE ORDER PRIOR TO THE ASSESSMENT ORDER. HE ALSO SUBMITTED THAT SAID OBJECTIONS WERE FILED BEFORE FILING OF THE RETURN OF INCOME BY THE ASSESSEE AND IN RESPONSE TO N OTICE UNDER SECTION 148 OF THE A CT, AND , THEREFORE , SAME WERE EVEN NOT IN ACCORDANCE WITH THE PROCEDURE LAID DOWN BY THE HO N BLE SUPREME COURT IN THE GKN D RIVESHAF T (SUPRA) . 9. HE FURTHER SUBMITTED THAT THE ASSESSEE HAS NOT CHALLENGED THE REASONS TO BELIEVE EITHER BEFORE THE ASSESSING OFFICER OR BEFORE THE LD. CIT(A). THE LD. DR SUBMITTED THAT THIS GROUND IS NOT EMANATING FROM THE ORDER OF THE LD. CIT(A) AND , THUS , CANNOT BE RAISED IN THE G ROUNDS OF THE APPEAL AND IT CAN BE RAISED ONLY BY WAY OF ADDITIONAL GROUNDS, WHICH THE LD. COUNSEL HAS NOT RAISED. 10. ON THE ISSUE OF THE MERIT OF THE ADDITION HE SUBMITTED THAT THE LD. CIT(A) HAS NOT FOLLOWED THE PROCEDURE LAID DOWN IN R ULE 46 A OF THE I NCOME TAX R ULES, 1962, WITH REGARD TO THE ADDITIONAL EVIDENCES. HE REFERRED TO PAGE 17 - 22 OF THE PAPER BOOK , WHICH IS A COPY OF THE REMAND REPORT DATED 04/03/2009 WHEREIN THE 8 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 ASSESSING OFFICER HAS OBJECTED TO THAT ADMISSION OF THE ADDITIONAL EVIDENCES . HE ALSO REFERRED TO PAGE 16 OF THE PAPER BOO K , WHICH IS A COPY OF THE REMAND REPORT DATED 09/04/2009 , WHEREIN THE ASSESSING OFFICER HAS MENTIONED THAT NOTICES ISSUED TO VA RIOUS PARTIES UNDER SECTION 133 (6) REMAIN NON - COMPLIED AND , THUS , ADDITIONAL EVIDENCE REM AINS UNVERIFIED. THE LD. DR SUBMITTED THAT IN VIEW OF THE DECISION OF THE HON BLE DELHI HI GH COURT IN THE CASE OF CIT VS MANISH BUILDWELL PRIVATE LIMITED (245 CTR 397) , THE LD. CIT(A) AFTER ADMITTING THE ADDITIONAL EVIDENCES WAS REQUIRED TO FORWARD THOSE ADDITIONAL EVIDENCES FOR COMMENTS OF THE ASSESSING OFFICER ON MERIT, HO WEVER HE HAS ALLOWED THE APPEAL , WITHOUT COMMENTS ON MERIT OF THE ADDITIONAL EVIDENCES FROM THE ASSESSING OFFICER. THE LD. DR SUBMITTED THAT THIS ACTION OF THE LD. CIT(A) BEING IN VIOLA TION OF THE PROVISIONS OF R ULE 46 A OF THE INCOME T AX R ULES, THE MATTER NEED TO BE RESTORED BACK TO THE FILE OF THE LD. CIT(A) FOR FOLLOWING THE PROCEDURE AS LAID DOWN IN THE DECISION OF THE HON BLE DELHI HIGH COURT IN THE CASE OF MANISH B UIL DWELL PRIVATE L IMITED (SUPRA). THE LD. DR ALSO FILED A LIST OF CASES IN SUPPORT OF THE ADDITION MADE BY THE ASSESSING O FFICER UNDER SECTION 68 OF THE A CT. 11. IN THE REJOINDER, THE LD. COUNSEL OF THE ASSESSEE ALSO COULD NOT CONTROVERT THE FACT THAT AFTER ADMISSION OF TH E ADDITIONAL EVIDENCES, NO REPORT HAS BEEN CALLED FOR FROM THE ASSESSING OFFICER IN TERMS OF R ULE 46 A OF THE INCOME T AX R ULES (IN SHORT THE RULES ). 12. WE HAVE HEARD THE RIVAL SUBMISSION AND PERUSED THE RELEVANT MATERIAL ON RECORD. IN VIEW OF THE EX PAR TE ASSESSMENT COMPLETED, THE ASSESSEE FILED VARIOUS DOCUMENTS INCLUDING 9 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 PURCHASE BILLS, SALE BILLS, BROKER S NOTE ETC . BEFORE THE LD. CIT(A) A S AD DITIONAL EVIDENCES IN TERMS OF R ULE 46 A OF THE INCOME T AX R ULES. THE ASSESSING OFFICER OBJECTED ADMISSION OF T HE ADDITIONAL EVIDENCES . THE LD. CIT(A) AFTER CITING THE REASONS , ACCEPTED THE ADDITIONAL EVIDENCES. THE R ULES REQUIRED THAT THE LD. CIT(A) MUST PROVIDE OPPORTUNITY TO THE ASSESSING OFFICER FOR REBUTTING THOSE ADDITIONAL EVIDENCES OR CROSS - EXAMINE ANY WITN ESS PRODUCE D. IN THE CASE OF MANISH B UILDWELL P RIVATE LIMITED ( SUPRA), THE HON BLE DELHI HIGH COURT HAS HELD THAT NOT PROVIDING OPPORTUNITY TO THE ASSESSING OFFICER FOR REBUTTING THE ADDITIONAL EVIDENCES FILED RENDER THE ENTIRE PROCEDURE OF RULE 46A OF THE I NCOME TAX R ULES FUTILE . ACCORDINGLY, RESPECTFULLY FOLLOWING THE FINDING OF THE HON BLE DELHI HI GH COURT IN THE CASE OF MANISH B UILD WELL PVT. LTD. (SUPRA), WE FEEL IT APPROPRIATE TO RESTORE THE ISSUE OF MERIT OF THE ADDITION TO THE FILE OF THE LD. CIT(A) FOR DECID ING A FRESH IN ACCORDANCE WITH LAW AND AF TER FOLLOWING DUE PROCEDURE OF RULE 46A OF INCOME T AX R ULES, 1962. IT IS NEEDLESS TO MENTION THAT BOTH THE PARTIES SHOULD BE ALLOWED ADEQUATE OPPORTUNITY OF BEING HEARD. 13. AS FAR AS THE CROSS OBJECTION RELATED TO NON - COMPLIANCE OF PROCEDURE LAID DOWN IN THE DECISION OF THE HON BLE SUPREME COURT IN THE CASE OF GKN D RIVESHAFT (INDIA) L IMITED (SUPRA), IS CONCERNED, WE FIND THAT THE OBJECTIONS RAISED BY WAY OF LETTER DATED 28/04 /2008 ON THE ISSUE OF NOTICE UNDER SECTION 148 OF THE ACT CHALLENGING LIMITATION AND JURISDICTION HAVE ALREADY BEEN DISPOS ED OF BY THE ASSESSING OFFICER V IDE LETTER DATED 19/06/2008 AS MENTIONED IN THE ASSESSMENT ORDER AND , THUS , THE CONTENTION OF THE LD. COUNSEL THAT NO SEPARATE ORDER FOR DISPOSING OF THE 10 ITA NO.3595/DEL/2009 & C.O. NO. 353/DEL/2009 OBJECTION HAS BEEN PASSED IS FACTUALLY INCORRECT AND ACCORDINGLY THE CONTENTION OF THE LD. COUNSEL ON THIS ISSUE ARE REJECTED. THE CONTENTION OF THE LD. COUNSEL CHALLENGING THE REASONS TO BELIEVE FOR ESCA PEMENT OF INCOME ARE CONCERNED, WE FIND THAT NO SUCH CHALLENGES WAS RAISED BEFORE THE LD. CIT(A) HENCE, THOSE GROUNDS ARE NOT EMANATING FROM THE ORDER OF THE LD. CIT(A) AND ACCORDINGLY , SAME CAN ONLY BE RAISED BY WAY OF ADDITIONAL GROUNDS, WHICH HAS NOT BE EN DONE AND , THEREFORE , WE ARE NOT ADJUDICATING THOSE ARGUMENTS OF THE LD. COUNSEL OF THE ASSESSEE. THE CROSS OBJECTION FILED BY THE ASSESSEE ARE ACCORDINGLY DISMISSED. 14. IN THE RESULT, THE APPEAL OF THE REVENUE IS ALLOWED FOR STATISTICAL PURPOSES , WHER EAS CROSS OBJECTION OF THE ASSESSEE IS DISMISSED. ORDER PRONOUN CED IN THE OPEN COURT ON 1 8 T H MARCH, 201 9 . S D / - S D / - [ BHAVNESH SAINI ] [O.P. KANT] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 1 8 T H MARCH , 2019 . RK / - [D.T.D.S] COPY FORWARDED TO: 1 . APPELLANT 2 . RESPONDENT 3 . CIT 4 . CIT(A) 5 . DR ASST. REGISTRAR, ITAT, NEW DELHI