M/s Fabtech Industries, Kolkata V. ITO, WD-49(2), KOLKATA, Kolkata

ITA 1237/KOL/2015

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 100204 (ITAT-KOLKATA)
• Duration Of Justice: 2 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-12-2015
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 28-09-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R P NAG JCIT SRDR
• Assessee Lawyers: K M ROY
• Keywords: Application of stay

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH A KOLKATA BEFORE SHRI MAHAVIR SINGH, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER S.A NO.41/KOL/2014 (A/O ITA NO.1237/KOL/2015) ASSESSMENT YEAR:2010-11 M/S FABTECH INDUSTRIES, 110/1, DAKSHINDARI ROAD, KOLKATA-700 048 [ PAN NO.AABFF 0503 A ] / V/S . ITO,WARD- 49(2),UTTARAPAN BUILDING, MANICKTALA CIVIL CENTRE, ULTADANGA, KOLKATA-54 (ORIGINAL APPELLANT) (ORIGINAL RESPONDENT) /APPELLANT .. /RESPONDENT ITA NO.1237/KOL/2015 ; ASSESSMENT YEAR: 2010-11 M/S FABTECH INDUSTRIES, 110/1, DAKSHINDARI ROAD, KOLKATA-700 048 / V/S . ITO,WARD- 49(2),UTTARAPAN BUILDING, MANICKTALA CIVIL CENTRE, ULTADANGA, KOLKATA-54 ( APPELLANT) ( RESPONDENT) /APPELLANT .. /RESPONDENT /BY APPELLANT SHRI K.M.ROY, CA /BY RESPONDENT SHRI R.P.NAG, JCIT, SR-DR /DATE OF HEARING 04-12-2015 /DATE OF PRONOUNCEMENT 04 -12-2015 /O R D E R PER WASEEM AHMED, ACCOUNTING MEMBER:- BY WAY OF THIS STAY PETITION THE ASSESSEE SEEKS ST AY OF ASSESSMENT PROCEEDINGS IN PURSUANCE TO ORDER. S.P NO.41/KOL/2015 & ITA NO.1237/KOL/2015 A.Y.2010-11 M/S FEBTECH INDS. V. ITO WD-49(2) KOL. PAGE 2 2. THE FACTS OF THE CASE ARE THAT THE ASSESSMENT WA S MADE BY THE AO, CREATING A DEMAND OF TAX ON THE ASSESSEE FOR THE AB OVE SAID AMOUNT. THE ASSESSEE PREFERRED AN APPEAL TO CIT(A) WHO DISMISSE D THE APPEAL BY PASSING AN EX-PARTE ORDER. AGGRIEVED, ASSESSEE PREFERRED SE COND APPEAL BEFORE US BY FILING APPEAL IN ITA NO.1237/KOL/2015 ON DATED 28.0 9.2015. THERE WAS PRESSURE FOR THE RECOVERY OF THE DEMAND OF TAX FROM REVENUE ON THE ASSESSEE THEREFORE THE ASSESSEE FILED THIS APPLICATION FOR T HE STAY OF THE TAX DEMAND. WE FIND FROM THE RECORDS AND SUBMISSION OF ASSESSEE THAT THE LD. CIT(A) HAS NOT ADJUDICATED THE APPEAL ON MERITS. THEREFORE WE REJECTED THE STAY APPLICATION OF THE ASSESSEE AND DECIDED TO HEAR THE APPEAL. BOTH THE LD. AR AND LD. DR RAISED NO OBJECTION ON THE MATTER OF HEA RING OF APPEAL. AT THE OUTSET WE FOUND THAT THE LD. CIT(A) HAS PASSED EX-P ARTE ORDER, THEREFORE IN THE INTEREST OF JUSTICE AND FAIR PLAY, WE DEEMED IT FIT TO RESTORE THE FILE TO LD. CIT(A) FOR FRESH ADJUDICATION AS PER LAW AFTER GIVING REAS ONABLE OPPORTUNITY TO THE ASSESSEE. IT IS ALSO IMPORTANT TO NOTE THAT THE ASS ESSEE SHOULD CO-OPERATE IN THE APPELLATE PROCEEDINGS. HENCE THE GROUND OF APP EAL OF THE ASSESSEE IS ALLOWED FOR STATISTICAL PURPOSE. 3. IN THE RESULT, ASSESSEES STAY PETITION IS DISMISSE D AND APPEAL OF THE ASSESSEE IS ALLOWED FOR STATISTICAL PURPOSE. ORDER PRONOUNCED IN OPEN COURT ON 04 /12 /2015 SD/- SD/- (MAHAVIR SINGH) (WASEEM AHMED) JUDICIAL MEMBER ACCOUNTANT MEMBER KOLKATA, *DKP ! - 04/12/2015 S.P NO.41/KOL/2015 & ITA NO.1237/KOL/2015 A.Y.2010-11 M/S FEBTECH INDS. V. ITO WD-49(2) KOL. PAGE 3 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT M/S FABTECH INDUSTRIES 110/1, DAKSHIND ARI RD., KOL-48 2. / RESPONDENT ITO WD-49(2), UTTARAPAN BUILDING, M ANICKTALA CIVIL, CENTRE, ULT ADANGA, KOLKATA-54 3. '# % / CONCERNED CIT 4. % - / CIT (A) 5. &'( ))'# , '# / DR, ITAT, KOLKATA 6. (*+ / GUARD FILE. BY ORD ER/ , /TRUE COPY/ / '#,