ORG INFORMATICS LTD, Baroda V. The Addl.CIT.,Range-4, Baroda

ITA 1102/AHD/2012

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 5378 (ITAT-AHMEDABAD)
• Duration Of Justice: 7 year(s) 8 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-02-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 11-02-2020
• Assessment Year: 2007-2008
• Appeal Filed On: 21-05-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DEELIPKUMAR
• Section: 143(2)

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, AHMEDABAD BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER ITA NO. 1102/AHD/2012 ASSESSMENT YEAR : 2007-2008 M/S ORG INFORMATICS LTD, ABHISHEK COMPLEX, 3 RD FLOOR, AKHSAR CHOWK, OLD PADRA ROAD, BARODA-390 020 [PAN : AACCS 9395 K] VS ADDITIONAL COMMISSIONER OF INCOME-TAX, RANGE-4, BARODA / (APPELLANT) / (RESPONDENT) ASSESSEE BY : NONE REVENUE BY : SHRI DEELIP KUMAR, SR DR / DATE OF HEARING : 17/02/2020 / DATE OF PRONOUNCEMENT: 19/02/2020 / O R D E R PER RAJPAL YADAV, VICE PRESIDENT :- THE ASSESSEE IS IN APPEAL BEFORE THE TRIBUNAL AGAIN ST THE ORDER OF THE LEARNED COMMISSIONER OF INCOME-TAX (APPEALS)-III, B ARODA DATED 29.02.2012 PASSED FOR ASSESSMENT YEAR 2007-08. 2. THE ASSESSEE HAS TAKEN THREE GROUNDS OF APPEAL, OUT OF WHICH GROUND NO. 3 IS A GENERAL GROUND WHICH DOES NOT CALL FOR R ECORDING OF ANY SPECIFIC FINDINGS; HENCE REJECTED. 3. IN GROUND NO.1 THE ASSESSEE HAS PLEADED AS UNDER :- THE LEARNED ASSESSING OFFICER HAS DISALLOWED AND T HE APPELLATE COMMISSIONER OF INCOME TAX HAS CONFIRMED THE DISALL OWANCE OF RS. 1 CRORE BEING OBSOLETE INVENTORY WRITTEN OFF ON THE GROUND THAT NO JUSTIFICATION WAS GIVEN FOR INVENTORIES BECOMING OBSOLETE AND ALSO BE LIEVES THAT THE SAME SHOULD HAVE BEEN WRITTEN OFF GRADUALLY. YOUR APPELLANT SUBMITS THAT DETAILED JUSTIFICATION WAS PROVIDED THAT THE SUPER MAX COMPUTERS HAD BECOME OUT DATED AND THAT THE APPELLANT COMPANY REGULARLY REVIEWS THE INVENTORIES AT THE BA LANCE SHEET DATE. ITA NO. 1102/AHD/2012 M/S. ORG INFORMATICS LTD VS. ACIT AY : 2007-2008 2 MOREOVER, THE INVENTORIES ARE VALUED ACCORDING TO A S2. HENCE GRADUAL WRITING OFF WOULD BE AGAINST THE GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. HENCE THIS DISALLOWANCE SHOULD BE DELETED. 4. THE BRIEF FACTS OF THE CASE ARE THAT THE ASSESSE E HAS FILED ITS RETURN OF INCOME ELECTRONICALLY ON 15.11.2007 DECLARING TOTAL INCOME AT RS.10,55,93,930/- AND VALUE OF FRINGE BENEFITS AT R S. 33,71,798/-. SUBSEQUENTLY, IT HAS REVISED ITS RETURN OF INCOME S HOWING RETURNED INCOME AT RS.8,96,72,570/-. THE CASE OF THE ASSESSEE WAS SELECTED FOR SCRUTINY ASSESSMENT AND NOTICE UNDER SECTION 143(2) OF THE I NCOME-TAX ACT WAS ISSUED AND SERVED UPON THE ASSESSEE. ON SCRUTINY O F THE ASSESSMENT, IT REVEALED TO THE ASSESSING OFFICER THAT THE ASSESSEE HAS WRITTEN OFF THE INVENTORY AMOUNTING TO RS.1 CRORE. IN RESPONSE TO THE QUERY OF THE ASSESSING OFFICER, IT WAS CONTENDED BY THE ASSESSEE THAT IT IS ENGAGED IN THE BUSINESS OF MARKETING OF COMPUTERS, COMPUTER PERIPH ERALS, MAINTENANCE OF COMPUTERS ETC. IT HAD DEVELOPED, SOME TWENTY FIVE Y EARS BACK, SUPER MAX COMPUTERS TO CATER TO THE REQUIREMENTS OF HIGH SPEE D AND BULK DATA PROCESSING. THESE COMPUTERS WERE SOLD TO BIG CORPOR ATE ENTITIES AND, AS PER SALE AGREEMENT, THE ASSESSEE WAS OBLIGED TO MAINTAI N THE COMPUTERS ON PERIODICAL BASIS AS AND WHEN REQUIRED. HOWEVER, WI TH THE ADVENT OF ULTRA MODERN COMPUTERS AND COMPUTER SYSTEMS DEVELOPED BY THE FOREIGN MANUFACTURERS, THE SUPER MAX COMPUTERS LOST THEIR P RESENCE IN THE MARKET. IN VIEW OF THE ABOVE POSITION, THERE WAS PILE UP OF MANY INVENTORY ITEMS OF HARDWARE AND CONSUMABLES WHICH WERE NOT MOVING AND, THEREFORE, BECOME NON-USABLE. ASSESSEE WAS CONSISTENTLY FOLLOWING AC COUNTING METHOD OF RECOGNIZING AND WRITING OFF OBSOLETE ITEMS OF INVEN TORIES. DURING THE YEAR UNDER CONSIDERATION ALSO, THE ASSESSEE HAD IDENTIFI ED AND WRITTEN OFF SUCH OBSOLETE INVENTORIES AS PER ACCOUNTING METHOD FOLLO WED BY IT. AGAINST THE CONTENTION OF THE LEARNED ASSESSING OFFICER THAT TH ERE SHOULD HAVE BEEN GRADUAL WRITE OFF, ASSESSEE HAS SUBMITTED THAT IT H AS CONSISTENTLY FOLLOWED ITA NO. 1102/AHD/2012 M/S. ORG INFORMATICS LTD VS. ACIT AY : 2007-2008 3 THE ACCOUNTING PRINCIPLE LAID DOWN BY AS2. THEREFO RE, THE VALUE OF INVENTORY IS RECOGNIZED AT LOWER OF COST OR NET REL IZABLE VALUE. THUS THE PRACTICE OF WRITING DOWN INVENTORIES BELOW COST TO NRV IS CONSISTENT WITH THE VIEW THAT THE ASSETS SHOULD NOT BE CARRIED IN E XCESS OF AMOUNTS EXPECTED TO BE REALIZED FROM THEIR SALE OR USE. FURTHER, TH E CLAIM OF THE ASSESSEE IS THAT THE ASSESSEE MAKES ASSESSMENT OF THE STOCK AVA ILABLE AT EACH BALANCE SHEET DATE AND AN APPROPRIATE WRITE OFF IS AFFECTED IN THE ACCOUNTS; THEREFORE, THERE CANNOT BE ANY GRADUAL OBSOLESCE/WRITE OFF OF THE INVENTORY. 5. LEARNED ASSESSING OFFICER WAS NOT SATISFIED WITH THE EXPLANATION OF THE ASSESSEE AND DISALLOWED THE CLAIM OF THE ASSESS EE. ON APPEAL, LEARNED CIT(A) CONFIRMED THE DISALLOWANCE BY FOLLOWING THE ORDER OF THE ITAT IN ASSESSEES OWN CASE FOR ASSESSMENT YEAR 2005-06 FOR SIMILAR ISSUE. THE FINDINGS RECORDED BY THE LEARNED CIT(A) READ AS UND ER:- 4.3 THE SAME ISSUE WAS INVOLVED IN THE CASE OF THE APPELLANT FOR THE A.Y. 2005-06. IN THAT YEAR ALSO, THE APPELLANT HAD CLAIM ED SIMILAR TYPE OF DEDUCTION. THE MATTER TRAVELLED UPTO ITAT. ITAT 'D' BENCH, AHMEDABAD IN THEIR ORDER IN ITA NO.4150/AHD/2008 DATED 17.06.201 1 HAVE HELD AS FOLLOWS: 'WE HAVE CONSIDERED THE RIVAL SUBMISSIONS AND MATER IAL ON RECORD AND DO NOT FIND ANY JUSTIFICATION TO INTERFERE WITH THE ORDERS OF THE AUTHORITIES BELOW. THE AO SPECIFICALLY NOTED THAT T HE ASSESSEE HAS NOT FURNISHED ANY BASIS FOR UNDER-VALUATION OF THE STOC K ON ACCOUNT OF WRITING OFF OF THE OBSOLETE STOCK. NO BASIS OR SCIE NTIFIC BASIS IS FILED. THE EXPLANATION OF THE ASSESSEE IS NOT SUPPORTED BY ANY EVIDENCE OR MATERIAL. THE LEARNED CIT(A) FURTHER NOTED THAT THE CLAIM OF THE ASSESSEE FOR SLOW MOVING ITEMS OR OBSOLETE STOCK IS NOT SUPPORTED BY ANY TECHNICAL REPORT. IT WAS ALSO NOTED THAT MAJORI TY OF THE ITEMS HAVE BEEN ISSUED WHICH IS PRIOR TO THE ACCOUNTING YEAR. THEREFORE, SAME CANNOT BE TREATED AS SLOW MOVING OR OBSOLETE STOCK. ON CONSIDERATION OF THE ABOVE FACTS AND DETAILS POINTED OUT BY THE L EARNED COUNSEL FOR THE ASSESSEE WE FIND NO INFIRMITY IN THE FINDING OF THE LEARNED CIT(A) BECAUSE MAJORITY OF THE ITEMS WERE ISSUED PRIOR TO THE STARTING OF THE FINANCIAL YEAR AND FURTHER NO EVIDENCE HAS BEEN FUR NISHED IN SUPPORT OF THE CLAIM OF THE ASSESSEE. IN THE ABSENCE OF ANY MATERIAL OR EVIDENCE TO SUPPORT THE CLAIM OF THE ASSESSEE, WE DO NOT FIN D ANY JUSTIFICATION TO INTERFERE WITH THE ORDERS OF THE AUTHORITIES BELOW. IN ABSENCE OF ITA NO. 1102/AHD/2012 M/S. ORG INFORMATICS LTD VS. ACIT AY : 2007-2008 4 EVIDENCE CASE LAW WOULD NOT SUPPORT CLAIM OF THE AS SESSEE. WE CONFIRM THEIR FINDINGS AND DISMISS THIS GROUND OF APPEAL OF THE ASSESSEE. 4.3.1 IN THE COURSE OF ASSESSMENT PROCEEDINGS FOR A .Y. 2007-08 ALSO, THE APPELLANT HAS NOT SUBMITTED THE COMPLETE DETAILS OF INVENTORY WRITTEN OFF AS NOTED BY THE A.O. IN HIS ASSESSMENT ORDER ON THE PR ETEXT THAT NUMBER OF ITEMS ARE NUMEROUS AND VOLUMINOUS. MOREOVER, NO TEC HNICAL REPORT FOR THIS PURPOSE HAS BEEN SUBMITTED EITHER DURING THE COURSE OF ASSESSMENT PROCEEDINGS OR THE APPELLATE PROCEEDINGS. DURING TH E COURSE OF APPELLATE PROCEEDINGS, THE AR HAS SUBMITTED COPY OF THE AUDIT ED ACCOUNTS AND STATED THAT AS PER CLAUSE 8 OF THE NOTES TO ACCOUNTS, IT H AS BEEN MENTIONED THAT DURING YEAR THE MANAGEMENT HAS IDENTIFIED SLOW AND NON MOVING ITEMS IN INVENTORY AMOUNTING TO TRS 35,560/- OUT OF WHICH IN VENTORIES AMOUNTING TO TRS 10,000/- WERE CONSIDERED AS NON MOVING AND HAVE BEEN WRITTEN OFF. BUT BESIDES THIS, NO OTHER TECHNICAL REPORT OR WORKING FOR DETERMINING THESE ITEMS AS NON MOVING WAS FURNISHED. NOTHING HAS BEEN FURNI SHED TO SHOW THE COST AT WHICH THEY WERE BEING REFLECTED IN THE BALANCE S HEET IN THE EARLIER YEAR. THE FACT THAT A ROUND FIGURE OF RS. 1 CRORE HAS BEEN CL AIMED AS DEDUCTION ON THIS ACCOUNT ALSO INDICATE ABSENCE OF SUCH WORKING. HENC E, ON THE BASIS OF THESE DISCUSSIONS AND RELYING UPON THE DECISIONS OF HON'B LE ITAT IN APPELLANT'S OWN CASE FOR A.Y. 2005-06, THE A.O.'S ACTION OF DIS ALLOWING THIS DEDUCTION IS UPHELD AND THIS GROUND OF APPEAL IS DISMISSED. 6. IN RESPONSE TO THE NOTICE OF HEARING, M/S. DELOI TTE HAKINS & SELLS LLP EARLIER USED TO APPEAR ON BEHALF OF THE ASSESSEE; H OWEVER, VIDE LETTER DATED 30 TH SEPTEMBER 2019, SHRI SANJAY R. SHAH, AUTHORIZED RE PRESENTATIVE ON BEHALF OF M/S. DELOITTE HASKINS & SELLS LLP SUBMITT ED THAT INSOLVENCY PROCEEDINGS HAVE BEEN TAKEN UP AGAINST THE ASSESSEE AND SHRI KIRAN CHINUBHAI SHAH HAS BEEN APPOINTED AS INTERIM RESOLU TION PROFESSIONAL BY THE NCLT. HE PLACED ON RECORD COPY OF THE ORDER TH E NCLT DATED 27.11.2018. HE REQUESTED THAT THE NOTICE BE ISSUED TO SHRI KIRAN CHINUBHAI SHAH AND HE DID NOT WISH TO ARGUE THE APPEAL ON BEH ALF OF THE ASSESSEE. FRESH NOTICES WERE SENT TO THE ASSESSEE THROUGH THE DR OFFICE. THE BENCH CLERK HAS CONTACTED SHRI KIRAN CHINUBHAI SHAH ON HI S MOBILE PHONE NO. 9825506911 AND REQUESTED HIM FOR SUPPLYING HIS POST AL ADDRESS SO THAT HE CAN ISSUE FRESH NOTICE. SHRI KIRAN CHINUBHAI SHAH DID NOT WISH TO APPEAR AND DID NOT SUPPLY THE ADDRESS TO THE REGISTRY STAF F. UNDER THESE ITA NO. 1102/AHD/2012 M/S. ORG INFORMATICS LTD VS. ACIT AY : 2007-2008 5 COMPELLING CIRCUMSTANCES, WE PROCEED TO TAKE EX-PARTE PROCEEDINGS AGAINST THE ASSESSEE. THOUGH IN THE ABOVE SITUATION, WE CO ULD DISMISS THE APPEAL FOR WANT OF PROSECUTION ALSO, BUT SINCE IT IS AN OL D MATTER WE DEEM IT APPROPRIATE TO DECIDE IT ON MERITS AFTER HEARING TH E REVENUE. IN THIS WAY, WITH THE ASSISTANCE OF LEARNED DEPARTMENTAL REPRESE NTATIVE, WE HAVE GONE THROUGH THE RECORD CAREFULLY. 7. A PERUSAL OF THE RECORD WOULD INDICATE THAT BASI CALLY THE ASSESSEE HAS WRITTEN OFF ITS INVENTORY ON THE GROUND THAT SUCH I NVENTORY HAS BECOME OBSOLETE; BUT WHEN THE ASSESSING OFFICER HAS ENQUIR ED TO SUBMIT THE SUPPORTING DETAILS, WHAT IS THE NATURE OF INVENTORY , WHAT IS THE SHELF-LIFE, HOW IT BECAME OBSOLETE, THEN NOTHING WAS PRODUCED. IN OTHER WORDS, THE ASSESSEE SHOULD PRODUCE THE DETAILS OF INVENTORY, Y EAR OF MANUFACTURING/PURCHASE, HOW IT IS TO BE USED AND HO W IT CAN BE CONSTRUED THAT IT HAS NO VALUE. SINCE THE ASSESSEE FAILED TO GIVE ANY SUCH DETAILS; THEREFORE, THE ASSESSING OFFICER HAS DISALLOWED IT. THERE IS NO DISPARITY ON FACTS FROM ASSESSMENT YEAR 2005-06 TO THIS YEAR WHE N SIMILAR DISALLOWANCE WAS UPHELD UPTO THE TRIBUNAL IN THE FINDINGS EXTRAC TED SUPRA. THEREFORE, WE DO NOT FIND ANY MERITS IN THIS GROUND OF APPEAL; IT IS REJECTED. 8. IN GROUND NO. 2, THE ASSESSEE HAS PLEADED AS UND ER:- THE LEARNED ASSESSING OFFICER HAS DISALLOWED RS.22 848056/- ON ACCOUNT OF PRIOR PERIOD EXPENSE. YOUR APPELLANT SUBMITS THAT WITH REGARD TO RS.10635668/- RELATING TO BANK CHARGES AND RS.78951 42/- RELATING TO PURCHASES, SINCE THE DIFFERENCES IN BANK CHARGES AM OUNTING TO RS.10635668/- WERE NOTICED IN AY 2008-09 AND DEBITED AS PRIOR PER IOD EXPENSE AND PERTAINING TO AY 2007-08, THE SAME SHOULD BE ALLOWE D IN AY 2007-08. MOREOVER, IN CASE OF PURCHASES AMOUNTING TO RS.7895 142/- SINCE THE INCOME FROM THE SAID PURCHASES WAS BOOKED IN AY 2007-08 AN D THE BILLS WERE ISSUED IN AY 2007-08 AND RECEIVED IN AY 2008-09 AND THEREF ORE ACCOUNTED IN AY 2008-09 AS PRIOR PERIOD, THE SAME SHOULD BE ALLOWAB LE FOR AY 2007-08. ITA NO. 1102/AHD/2012 M/S. ORG INFORMATICS LTD VS. ACIT AY : 2007-2008 6 9. WITH THE ASSISTANCE OF LEARNED DEPARTMENTAL REPR ESENTATIVE, WE HAVE GONE THROUGH THE RECORD CAREFULLY. ON THIS ISSUE, WE STRAIGHTWAY TAKE NOTE OF THE FINDINGS OF THE LEARNED CIT(A) WHICH READ AS UNDER:- 6.2 I HAVE GIVEN MY CAREFUL CONSIDERATION TO THE F ACTS OF THE CASE, ARGUMENTS ADVANCED BY THE AR AS ALSO THE OBSERVATION OF THE A O. SO FAR AMOUNTS OF RS. 21,31,832/- (RS.10,39,780/- PLUS RS. 10,91,502/-) A RE CONCERNED, THESE EXPENSES PERTAIN TO FY 2005-06 AND BILLS RELATING T O THEM HAVE BEEN ACCOUNTED FOR IN FY 2007-08. HENCE UNDER NO CIRCUMS TANCES, THESE EXPENSES CAN BE ALLOWED AS A DEDUCTION FOR AY'2007-08. HE NCE, DISALLOWANCE OF THIS AMOUNT IS CONFIRMED. 6.3 SO FAR AS BALANCE AMOUNT RELATED TO PURCHASES ( RS 78,95,142 RS. 10,39,780 = RS. 68,55,362/-) IS CONCERNED, THE APPE LLANT HAS NOWHERE DEMONSTRATED THAT THE GOODS PURCHASED VIDE THESE BI LLS WERE RECEIVED BY IT AND WERE ACCOUNTED FOR IN ITS STOCKS DURING FY 2006 -07. HENCE IT CANNOT BE CLAIMED BY IT THAT THE INCOME OF FY 2006-07 HAS GOT ANY ELEMENT ON ACCOUNT OF SUCH EXPENSES IN THE FORM OF SALES OR CLOSING ST OCK. HENCE, THE APPELLANT'S CLAIM THAT THESE EXPENSES SHOULD BE ALLOWED AS A DE DUCTIONS DURING FY 2006- 07 CANNOT BE ACCEPTED. HENCE THESE ADDITIONS ARE AL SO CONFIRMED. 6.4. SO FAR AS DISALLOWANCE OUT OF BANK CHARGES AMO UNTING TO RS. 1,06,35,668/- ARE CONCERNED, THE A.O. HAS STATED TH AT THE AMOUNT RECEIVED BY THE APPELLANT WERE RECEIVED WITHIN F.Y. 2006-07 ITS ELF AS IS APPARENT FROM THE LETTERS ISSUED BY THE PAYEES WHICH ARE BEARING THE DATES WITHIN F.Y. 2006-07. HOWEVER, SOME HAND WRITTEN ENTRIES ARE APPEARING ON THESE COMPUTERIZED SHEETS WITHOUT ANY DATE WHICH SUGGEST THAT THE AMOU NTS RECEIVABLE WAS NOT RECEIVED IN FULL BY THE ASSESSEE AS THE BANK CHARGE S WERE DEDUCTED BY THE BANK. THE ASSESSEE HAS ACCOUNTED FOR THIS SHORTFALL / EXPENSES IN ITS BOOKS OF ACCOUNTS AS ON 31.03.2008. THE A.O. HAS HELD THAT T HESE INTIMATIONS OF SHORTFALL OF NEGOTIATIONS ARE PERTAINING TO THE PER IOD SUBSEQUENT TO FINALIZATION OF BOOKS FOR A.Y. 2007-08 HENCE THEY H AVE CRYSTALLIZED IN THE SUBSEQUENT YEAR. HAND WRITTEN ENTRIES BASED ON SUBS EQUENT STATEMENT / SUBSEQUENT INTIMATION BY THE BANK REGARDING BANK CH ARGES CANNOT BE ALLOWED AS DEDUCTION IN A.Y. 2007-08. 6.4.1 DURING THE COURSE OF APPELLATE PROCEEDINGS, T HE APPELLANT HAS AGAIN FILED THE SAME LETTERS AS WERE FILED BEFORE THE A.O . NO BANK STATEMENTS HAS BEEN FILED TO SHOW THAT THESE SHORTFALL OF RECEIPTS TOOK PLACE DURING THE F.Y. 2006-07 AS EVIDENCE THAT THESE SHORTFALLS ARE ON AC COUNT OF BANK CHARGES DEDUCTED DURING THIS F.Y. ITSELF. IN SUCH CIRCUMSTA NCES, THE APPELLANT'S CLAIM THAT THESE EXPENSES CRYSTALLIZED DURING THIS YEAR C ANNOT ACCEPTED IN ABSENCE ITA NO. 1102/AHD/2012 M/S. ORG INFORMATICS LTD VS. ACIT AY : 2007-2008 7 OF SUFFICIENT EVIDENCE. HENCE, IT IS HELD THAT THE A.O. HAS CORRECTLY DISALLOWED THESE EXPENDITURE. 10. THE LEARNED CIT(A) HAS REPRODUCED THE WRITTEN S UBMISSIONS OF THE ASSESSEE AS WELL AS THE FINDINGS RECORDED BY THE AS SESSING OFFICER. IN BRIEF, THE CASE OF THE ASSESSEE IS THAT CERTAIN EXPENDITUR ES WERE CRYSTALLIZED DURING THIS YEAR AND, THEREFORE, DEDUCTION OF SUCH EXPENDI TURES DESERVES TO BE ALLOWED TO THE ASSESSEE. THE LEARNED FIRST APPELLA TE AUTHORITY HAS RECORDED A CATEGORICAL FINDING THAT THESE EXPENSES HAVE NOT BEEN CRYSTALLIZED OR PERTAINING TO THIS YEAR AND THEY CANNOT BE ALLOWED IN THIS YEAR. AFTER GOING THROUGH THE WELL REASONED FINDINGS OF THE LEARNED C IT(A), WE DO NOT FIND ANY ERROR IN IT. HENCE, THIS GROUND OF APPEAL OF T HE ASSESSEE IS ALSO REJECTED. 11. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMIS SED. ORDER PRONOUNCED IN THE COURT ON 19 TH FEBRUARY 2020 AT AHMEDABAD. SD/- SD/- ( WASEEM AHMED ) (RAJPAL YADAV) ACCOUNTANT MEMBER VICE PRESIDENT AHMEDABAD, DATED 19/02/2020 *BT / COPY OF THE ORDER FORWARDED TO : 1. ! / THE APPELLANT 2. '! / THE RESPONDENT. 3. & ( / CONCERNED CIT 4. ( ) ( / THE CIT(A)- 5. & , & , /DR,ITAT, AHMEDABAD, 6. 1 / GUARD FILE. / BY ORDER, TRUE COPY (ASSTT. REGISTRAR) & ITAT, AHMEDABAD