The Payakaraopeta Women Mutually Aided Coopertave Tharift and Credit Siociety Ltd., Payakaraopeta V. The Asst CIT, Visakhapatnam

ITA 127/VIZ/2017

• Counselvise Citation: [2017] 126 COUNSELVISE.COM (IT) 6592 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 6 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-10-2017
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: SMC
• Assessment Year: 2010-2011
• Appeal Filed On: 10-03-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D J P ANAND
• Assessee Lawyers: Y SURYACHANDRA RAO
• Keywords: Principle of natural justice

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM SMC BENCH, VISAKHAPATNAM BEFORE SHRI V. DURGA RAO, HONBLE JUDICIAL MEMBER ITA NO. 127 / VIZ /201 7 (ASST. YEAR : 201 0 - 1 1 ) THE PAYAKARAOPETA WOMEN MUTUALLY AIDED CO - OPERATIVE THRIFT AND CREDIT SOCIETY LTD., PLOT NO.3 & 4, SIVA SURYA APARTMENTS, MAIN ROAD, PAYAKARAOPETA. V S . ACIT , CIRCLE - 5 (1 ) , VISAKHAPATNAM . P AN NO. AABAT 2503 M (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI Y. SURYA CHANDRA RAO CA DEPARTMENT BY : SHRI D.J.P. ANAND SR. DR DATE OF HEARING : 09 / 1 0 /201 7 . DATE OF PRONOUNCEMENT : 09 / 1 0 /201 7 . O R D E R THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF LD.CIT(A) - 1 , GUNTUR , DATED 24 / 1 0/201 6 FOR THE A .Y. 20 1 0 - 1 1 . 2. WHEN THIS APPEAL IS TAKEN UP FOR HEARING, LEARNED AUTHORIZED REPRESENTATIVE FOR THE ASSESSEE SUBMITTED THAT LD. CIT(A) , PASSED AN EX - PARTE ORDER AND PRAYED THAT MATTER MAY BE SET ASIDE TO THE LD.CIT(A) AND ONE MORE OPPORTUNITY MAY BE GIVEN TO THE ASSESSEE. 3 . ON THE OTHER HAND, LEARNED DEPARTMENTAL REPRESENTATIVE HAS NOT RAISED ANY SERIOUS OBJECTION. 4 . I HAVE HEARD BOTH THE SIDES. 2 ITA NO. 1 27 /VIZ/201 7 ( THE PAYAKARAOPETA WOMEN MUTUALLY AIDED CO - OP THRIFT AND CREDIT SOCEITY LTD. ) 5 . KEEPING IN VIEW OF THE SUBMISSION MADE BY THE L EARNED AUTHORIZED REPRESENTATIVE FOR THE ASSESSEE , I FIND THAT IN THE INTEREST OF JUSTICE AND ALSO BY FOLLOWING THE PRINCIPLES OF NATURAL JUSTICE, ON E MORE OPPORTUNITY SHOULD BE GIVEN TO THE ASSESSEE TO PURSUE THE APPEAL. THUS, I SET ASIDE THE ORDER PASSED BY THE LD. CIT(A) AND RESTORE THE MATTER BACK TO THE FILE OF LD. CIT(A) DIRECTING HIM TO DECIDE THE ISSUE AFRESH AFTER GIVING AFFORDABLE OPPORTUNITY TO THE ASSESSEE. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS ALLOWED FOR STATISTICAL PURPOSE S . ORDER PRONOUNCED IN THE OPEN COURT ON TH IS 09 TH DAY OF OCTOBER , 201 7 . S D / - (V. DURGA RAO) JUDICIAL MEMBER DATED : 09 TH OCTOBER , 201 7 . VR/ - COPY TO: 1. THE ASSESSEE - THE PAYAKARAOPETA WOMEN MUTUALLY AIDED CO - OPERATIVE THRIFT AND CREDIT SOCIETY LTD., PLOT NO.3 & 4, SIVA SURYA APARTMENTS, MAIN ROAD, PAYAKARAOPETA. 2. THE REVENUE AC IT, WARD - 5 ( 1 ) , VISAKHAPATNAM . 3. THE P CIT - 2 , VISAKHAPATNAM . 4. THE CIT(A) - 1 , GUNTUR . 5. THE D.R . , VISAKHAPATNAM . 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SENIOR PRIVATE SECRETARY, ITAT, VISAKHAPATNAM.