Budhyaraju Venkata Suryanarayana Raju, Prathipadu V. The Income Tax Officer, Ward-4(2), , Visakhapatnam

ITA 156/VIZ/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1753 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 7 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2013-2014
• Appeal Filed On: 15-07-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: B SATYANARAYANA RAJU
• Keywords: Set aside

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH, VISAKHAPATNAM BEFORE SHRI N.K. CHOUDHRY, HONBLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH, HON'BLE ACCOUNTANT MEMBER I.T.A. NO. 156 /VIZ/2020 (ASST. YEAR : 2013 - 1 4 ) BUDHYARAJU VENKATA SURYANARAYANA RAJU , D.NO. 4 - 8 , MAIN ROAD , RACHAPALLI , PRATHIPADU (M) , EAST GODAVARI DISTRICT. VS. ITO, WARD - 4 (2 ) VISAKHAPATNAM. PAN NO. BBVPB 0517 N (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI C.SUBRAHMANYAM , FC A DEPARTMENT BY : SHRI B.SATYANARAYANA RAJU , SR. DR DATE OF HEARING : 16 / 02 /2021 . DATE OF PRONOUNCEMENT : 16 / 0 2 /2021 . O R D E R PER N.K. CHOUDHRY , JUDICIAL MEMBER THIS APPEAL HAS BEEN PREFERRED BY THE ASSESSEE AGAINST THE ORDER DATED 1 5/1 0 /2019 IMPUGNED HEREIN PASSED BY THE LD.CIT(A) - 2 , GUNTUR U/SEC. 250(6) OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS 'ACT') FOR THE A.Y. 20 1 3 - 14 . 2. F ACTS IN DETAIL OF THE CASE ARE ALREADY S UM MAR ISED IN THE ORDE RS P AS SED BY TH E AUTHORITIES BELOW , HENCE, FOR THE COST OF 2 ITA NO. 628 / VIZ /2018 ( CHENNU BHASKARA RAO ) REPETITION WHICH ARE NOT REPRODUCED HEREIN. IN THIS CASE , THE A SSESSEES RETURN OF INCOME FOR THE A.Y. 2013 - 14 FILED ELECTRONICALLY , CAME UNDER SCRUTINY. S T ATUTORY NOTICES HAVE BEEN ISSUED BY THE AO, HOWEVER, THE A SSESSEE FAILED TO RESPOND ANY OF THE NOTICES AND THEREFORE THE AO MADE THE ADDITION OF RS. 17,57,252/ - ON THE BASIS OF FORM NO. 26AS A G A I N S T W H I C H T H E A SSESSEE P R E F E R R E D T H E F I R S T A P P E A L B E F O R E T H E LD. CIT(A) . 3 . H E A R D T H E P A R T I E S A N D P E R U S E D T H E M A T E R I A L A V A I L A B L E O N R E C O R D . F R O M T H E I M P U G N E D O R D E R , I T R E F L E C T S T H A T T H O U G H N O T I C E S O F H E A R I N G U / S E C . 2 5 0 A W E R E I S S U E D ON VARIOUS OCCASIONS , HOWEVER, THE A SSESSEE FAILED TO COMPLY WITH THE SAME AND N E I T H E R A T T E N D E D T H E A P P E L L A T E P R O C E E D I N G S N O R F I L E D A N Y WRITTEN SUBMISSIONS A N D THEREFORE, ON THE BASIS OF M I S M A T C H O F FORM NO. 26AS THE LD. CIT(A) DISMISSED THE APPEAL OF THE A SSESSEE. WE REALISE THAT IN THIS CASE , PROPER CLARIFICATION S FROM THE A SSESSEE AND VERIFICATION BY THE AO IS VERY MUCH NECESSARY AND CRUCIAL FOR PROPER A N D R E A L ADJUDICATION OF THE CASE , H ENCE, CONSIDERING THE PECULIAR FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO SET ASIDE THE ORDER UNDER CHALLENGE AND T H E R E F O R E T H I S C A S E I S R E M A N D E D TO THE FILE OF THE AO TO P A S S T H E ASSESSMENT ORDER AFRESH IN ACCORDANCE WITH LAW , S UFFICE TO SAY WHILE AFFORDING PROPER AND REASONAB LE OPPORTUNITY OF BEING HEAR D TO THE A SSESSEE. 4 . THE A SSESSEE IS DIRECTED TO APPEAR BEFORE THE AO AS AND WHEN W O U L D B E REQUIRED AND IN ANY CASE FURTHER DEFAULT, THE A SSESSEE SHALL NOT BE ENTITLED FOR ANY L E N I ENCY AND THE AO SHALL BE AT LIBERTY TO DECIDE THE CASE OF THE A SSESSEE AS PER LAW. 3 ITA NO. 628 / VIZ /2018 ( CHENNU BHASKARA RAO ) 5. IN THE RESULT, APPEAL FILED BY THE A SSESSEE I S A L L O W E D F O R S T A T I S T I C A L P U R P O S E S . ORDER PRONOUNCED IN OPEN COURT ON TH IS 1 6 T H DAY OF FEB . , 2021 . S D / - S D / - (D.S. SUNDER SINGH) ( N.K. CHOUDHRY ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 1 6 T H FEBRUARY , 20 2 1 . VR/ - COPY TO: 1. THE ASSESSEE - BUDHYARAJU VENKATA SURYANARAYANA RAJU, D.NO. 4 - 8, MAIN ROAD, RACHAPALLI, PRATHIPADU (M), EAST GODAVARI DISTRICT. 2. THE REVENUE ITO, WARD - 4(2) , VISAKHAPATNAM. 3. THE PR. CIT - 2 , VISAKHAPATNAM . 4. THE CIT(A) - 2 , GUNTUR . 5. THE D.R . , VISAKHAPATNAM . 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SR. PRIVATE SECRETARY, ITAT, VISAKHAPATNAM.