Navneet Goenka , Kolkata V. ITO, Ward - 44(1), Kolkata , Kolkata

ITA 1613/KOL/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 4710 (ITAT-KOLKATA)
• Duration Of Justice: 6 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-02-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: SMC
• Assessment Year: 2009-2010
• Appeal Filed On: 27-07-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: KALYAN NATH CITSRDR
• Assessee Lawyers: P K HIMMATSINGHKA
• Keywords: Reopening of assessment; Reassessment proceedings
• Section: 148; 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH SMC KOLKATA BEFORE SHRI S.S, GODARA, JUDICIAL MEMBER ITA NO.1613/KOL/2018 ASSESSMENT YEAR:2009-10 NAVNEET GOENKA C/O A.K. KATARUKA & CO. CHARTERED ACCOUNTANTS, 41, B.B. GANGULY STREET, 3 RD FLOOR CENTRAL PLAZA, KOLKATA-700012 [ PAN NO.ADKPG 4048 D ] / V/S . INCOME TAX OFFICER, WARD-44(1), 3, GOVT. PLACE (WEST), GR. FLOOR, KOLKATA-700 001 /APPELLANT .. /RESPONDENT /BY APPELLANT SHRI P.K. HIMMATSINGHKA, ADVOCATE /BY RESPONDENT SHRI KALYAN NATH ADDL. CIT-SR-DR /DATE OF HEARING 24-01-2019 /DATE OF PRONOUNCEMENT 13-02-2019 /O R D E R THIS ASSESSEES APPEAL FOR ASSESSMENT YEAR 2009-10 , ARISES AGAINST THE COMMISSIONER OF INCOME-TAX (APPEALS)-1, KOLKATAS O RDER DATED 12.06.2018 PASSED IN CASE NO. 1151/CIT(A)-13/W-44(1)/KOL/2014-15 INVOLV ING PROCEEDINGS U/S. 143(3) R.W.S. 147 OF THE INCOME TAX ACT, 1961; IN SHORT T HE ACT. HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. I ADVERT TO ASSESSEES FORMER SUBSTANTIVE GROUND CHALLENGING VALIDITY OF IMPUGNED RE-OPENING. IT TRANSPIRES DURING THE COURS E OF HEARING THAT ASSESSING OFFICER HAD RECORDED THE FOLLOWING SOLE REASON OF RE-OPENIN G AS UNDER:- NAVNEET GOENKA 18, SIR HARIRAMGOENKA STREET, KOLKATA-700 007 ITA NO.1613/KOL/2018 A.Y. 2009-10 NAVNNET GOENKA VS. ITO 44(1) KOL. PAGE 2 PAN: AKDPG 4048D : AY 2009-10 NO RETURN FILED FOR AY 2009-10. INFORMATION IN POSS ESSION GATHERED THAT THE ASSESSEE HAD SUBSTANTIAL INCOME ON ACCOUNT OF RECE IPT AGAINST WHICH TAX WAS DEDUCTED. AS THE ASSESSEE DURING THE YEAR IN QUESTI ON HAD INCOME LIABLE TO TAX BUT NO RETURN HAS BEEN FILED. I HAVE REASON TO BELI EVE THAT INCOME ESCAPE ASSESSMENT ON THE PART OF THE ASSESSEE TO DISCLOSE A TRUE AND CORRECT RETURN OF INCOME. AS THE ASSESSEE DID NOT FILE ANY RETURN OF INCOME, I CONSIDER THIS A FIT CASE FOR INVOCATION OF SECTION 147. ISSUE NOTICE U/S.148 3. LEARNED DEPARTMENTAL REPRESENTATIVE FAILS TO DIS PUTE THAT THE ASSESSING OFFICERS ABOVE RECORDED REASONING DOES NOT EVEN RE MOTELY INDICATE AS TO THE ASSESSEES INCOME LIABLE TO BE ASSESSED HAVE ESCAPE D ASSESSMENT. THIS TRIBUNALS DECISION IN BIR BAHADUR SINGH SIJWALI VS ITO IN ITA NO. 3814/DEL/2011 DECIDED ON 20.01.2015 HAS QUASHED AN IDENTICAL RE-OPENING / RE -ASSESSMENT IN ABSENCE OF SPECIFIC REASON OF RE-OPENING ON RECORDED BY THE ASSESSING O FFICER AS UNDER:- 3. THIS ASSESSMENT WAS REOPENED, AS NOTED IN THE R EASONS RECORDED FOR REOPENING THE ASSESSMENT- FURNISHED TO THE ASSESSEE VIDE ASSESSIN G OFFICER'S LETTER DATED 25TH APRIL 2012, ON THE FOLLOWING GROUND: DURING THE FINANCIAL YEAR 2007-08, THE ASSESSEE HA S MADE TRANSACTION OF RS 10,24,100 (DEPOSITS IN CASH) IN HIS SAVING BANK ACC OUNT BUT NO RETURN OF INCOME WAS FILED BY THE ASSESSEE. AS SUCH, IT WAS R EASON TO BELIEVE THAT THERE IS AN ESCAPEMENT OF INCOME AT RS 10,24,100 ON THE P ART OF THE ASSESSEE. THEREFORE, IN THE LIGHT OF THE ABOVE FACT THAT THE INCOME CHARGEABLE TO TAX FOR THE ASSESSMENT YEAR 2008-09 HAS ESCAPED ASSESSMENT WITHIN MEANINGS OF SECTION 147 OF THE INCOME TAX ACT, NOTICE WAS ISSUE D UNDER SECTION 148 ON 14.9.2009 WHICH WAS SERVED UPON THE ASSESSEE THROUG H HIS COUNSEL SRI ARUN KUMAR AGARWAL, ADVOCATE, ON 14/09/2009. 4. THE SHORT QUESTION THAT WE ARE REQUIRED TO ADJUD ICATE IS WHETHER OR NOT, ON THE BASIS OF THE ABOVE REASONS, REASSESSMENT PROCEEDINGS CAN BE LAWFULLY INITIATED. THIS ASPECT OF THE MATTER WAS NOT EXAMINED BY THE CITCA), BUT, AS IS THE SETTLED LEGAL POSITION IN THE LIGHT OF HON'BLE SUPREME COURT'S JUDGMENT IN TH E CASE OF NATIONAL THERMAL POWER CO. LTD VS CIT [(1198) 223 ITR 383], THE ASSESSEE I S NOT PRECLUDED FROM RAISING THIS LEGAL ISSUE AT THIS STAGE, ON THE GROUND THAT THE S AME HAS NOT BEEN RAISED BEFORE THE AUTHORITIES BELOW. LEARNED DEPARTMENTAL REPRESENTAT IVE, IN ALL FAIRNESS, DID NOT RAISE THIS TECHNICALITY EITHER. WE, THEREFORE, PROCEED TO EXAMINE THIS ISSUE ON MERITS. 5. WE HAVE HEARD THE RIVAL CONTENTIONS, PERUSED THE MATERIAL ON RECORD AND DULY CONSIDERED FACTS OF THE CASE IN THE LIGHT OF THE AP PLICABLE LEGAL POSITION. 6. A PLAIN LOOK AT THE REASONS FOR REOPENING THE AS SESSMENT, AS PRODUCED BEFORE US, SHOW THAT THESE REASONS WERE RECORDED AFTER THE NOT ICE WAS SERVED ON 14TH SEPTEMBER 2009 AS A MENTION ABOUT THE FACT OF SERVICE OF NOTI CE IS SET OUT IN THE RECORDED REASONS ITSELF. IT IS ONLY ELEMENTARY THAT THE REASONS ARE TO BE RECORDED BEFORE ISSUANCE OF ITA NO.1613/KOL/2018 A.Y. 2009-10 NAVNNET GOENKA VS. ITO 44(1) KOL. PAGE 3 NOTICE, AND IN THE ABSENCE OF ANY REASONS FOR REOPE NING HAVING BEEN RECORDED PRIOR TO REOPENING OF ASSESSMENT, THE REASSESSMENT PROCEEDIN GS FAIL FOR THIS SHORT REASON ALONE. HON'BLE BOMBAY HIGH COURT, IN THE CASE OF PRASHANT S. JOSHI VS. ITO [(2010) 230 CTR (BORN) 232.] HAS OBSERVED: 'THE AO MUST HAVE RE ASONS TO BELIEVE THAT SUCH IS THE CASE (I.E. ANY INCOME CHARGEABLE TO TAX HAS ESC APED ASSESSMENT FOR A PARTICULAR YEAR) BEFORE HE PROCEEDS TO ISSUE NOTICE UNDER S. 1 47'. IN OTHER WORDS, WHEN NO REASONS ARE RECORDED FOR REOPENING THE ASSESSMENT P RIOR TO ISSUANCE OF NOTICE, THE REASSESSMENT PROCEEDINGS MUST FAIL FOR THAT REASON ALONE. HOWEVER, FOR THE REASONS WE WILL SET OUT NOW, THE CONCLUSIONS WILL BE NO DIFFER ENT EVEN IF IT IS PRESUMED THAT THIS COMMUNICATION, EXTRACTS FROM WHICH ARE REPRODUCED B EFORE, ONLY CONVEYS THE REASONS ALREADY RECORDED PRIOR TO ISSUANCE OF NOTICE. 7. IT IS WELL SETTLED IN LAW THAT REASONS, AS RECOR DED FOR REOPENING THE REASSESSMENT, ARE TO BE EXAMINED ON A STANDALONE BASIS. NOTHING CAN B E ADDED TO THE REASONS SO RECORDED, NOR ANYTHING CAN BE DELETED FROM THE REAS ONS SO RECORDED. HON'BLE BOMBAY HIGH COURT, IN THE CASE OF HINDUSTAN LEVER LTD. VS. R.B. WADKAR [(2004) 268 ITR 332], HAS, INTER ALIA, OBSERVED THAT ' IT IS NEEDLESS TO MENTION THAT THE REASONS ARE REQUIRED TO BE READ AS THEY WERE RECORDED BY THE AO . NO SUBSTITUTION OR DELETION IS PERMISSIBLE. NO ADDITIONS CAN BE MADE TO THOSE R EASONS. NO INFERENCE CAN BE ALLOWED TO BE DRAWN ON THE BASIS OF REASONS NOT REC ORDED. IT IS FOR THE AO TO DISCLOSE AND OPEN HIS MIND THROUGH THE REASONS RECO RDED BY HIM. HE HAS TO SPEAK THROUGH THE REASONS. ' THEIR LORDSHIPS ADDED THAT 'THE REASONS RECORDED SHOULD BE SELF-EXPLANATORY AND SHOULD NOT KEEP THE ASSESSEE GUESSING FOR REASONS. REASONS PROVIDE LINK BETWEEN CONCLUSION AND THE EVI DENCE .... '. THEREFORE, THE REASONS ARE TO BE EXAMINED ONLY ON THE BASIS OF THE REASONS AS RECORDED. THE NEXT IMPORTANT POINT IS THAT EVEN THOUGH REASONS, AS REC ORDED, MAY NOT NECESSARILY PROVE ESCAPEMENT OF INCOME AT THE STAGE OF RECORDING THE REASONS, SUCH REASONS MUST POINT OUT TO AN INCOME ESCAPING ASSESSMENT AND NOT MERELY NEED OF AN INQUIRY WHICH MAY RESULT IN DETECTION OF AN INCOME ESCAPING ASSESSMEN T. UNDOUBTEDLY, AT THE STAGE OF RECORDING THE REASONS FOR REOPENING THE ASSESSMENT, ALL THAT IS NECESSARY IS THE FORMATION OF PRIMA FACIE BELIEF THAT AN INCOME HAS ESCAPED THE ASSESSMENT AND IT IS NOT NECESSARY THAT THE FACT OF INCOME HAVING ESCAPED AS SESSMENT IS PROVED TO THE HILT. WHAT IS, HOWEVER, NECESSARY IS THAT THERE MUST BE S OMETHING WHICH INDICATES, EVEN IF NOT ESTABLISHES, THE ESCAPEMENT OF INCOME FROM ASSE SSMENT. IT IS ONLY ON THIS BASIS THAT THE ASSESSING OFFICER CAN FORM THE BELIEF THAT AN INCOME HAS ESCAPED ASSESSMENT. MERELY BECAUSE SOME FURTHER INVESTIGATIONS HAVE NOT BEEN CARRIED OUT, WHICH, IF MADE, COULD HAVE LED TO DETECTION TO AN INCOME ESCAPING A SSESSMENT, CANNOT BE REASON ENOUGH TO HOLD THE VIEW THAT INCOME HAS ESCAPED ASS ESSMENT. IT IS ALSO IMPORTANT TO BEAR IN MIND THE SUBTLE BUT IMPORTANT DISTINCTION B ETWEEN FACTORS WHICH INDICATE AN INCOME ESCAPING THE ASSESSMENTS AND THE FACTORS WHI CH INDICATE A LEGITIMATE SUSPICION ABOUT INCOME ESCAPING THE ASSESSMENT. THE FORMER CA TEGORY CONSISTS OF THE FACTS WHICH, IF ESTABLISHED TO BE CORRECT, WILL HAVE A CA USE AND EFFECT RELATIONSHIP WITH THE INCOME ESCAPING THE ASSESSMENT. THE LATTER CATEGORY CONSISTS OF THE FACTS, WHICH, IF ESTABLISHED TO BE CORRECT, COULD LEGITIMATELY LEAD TO FURTHER INQUIRIES WHICH MAY LEAD TO DETECTION OF AN INCOME WHICH HAS ESCAPED ASSESSM ENT. THERE HAS TO BE SOME KIND OF A CAUSE AND EFFECT RELATIONSHIP BETWEEN REASONS RECORDED AND THE INCOME ESCAPING ASSESSMENT. WHILE DEALING WITH THIS ASPECT OF THE M ATTER, IT IS USEFUL TO BEAR IN MIND THE FOLLOWING OBSERVATIONS MADE BY HON'BLE SUPREME COURT IN THE CASE OF LTO VS LAKHMANI MEWAL DAS [(1976) 103 ITR 437], ITA NO.1613/KOL/2018 A.Y. 2009-10 NAVNNET GOENKA VS. ITO 44(1) KOL. PAGE 4 THE REASONS FOR THE FORMATION OF THE BELIEF MUST HAVE RATIONAL CONNECTION WITH OR RELEVANT BEARING ON THE FORMATION OF THE BE LIEF. RATIONAL CONNECTION POSTULATES THAT THERE MUST BE A DIRECT NEXUS OR LIV E LINK BETWEEN THE MATERIAL COMING TO THE NOTICE OF THE ITO AND THE FORMATION O F THIS BELIEF THAT THERE HAS BEEN ESCAPEMENT OF THE INCOME OF THE ASSESSEE FROM ASSESSMENT IN THE PARTICULAR YEAR BECAUSE OF HIS FAILURE TO DISCLOSE FULLY AND TRULY ALL MATERIAL FACTS. IT IS NO DOUBT TRUE THAT THE COURT CANNOT GO INTO SUFFICIENCY OR ADEQUACY OF THE MATERIAL AND SUBSTITUTE ITS OWN OPINION FOR THAT OF THE ITO ON THE POINT AS TO WHETHER ACTION SHOULD BE INITIATED FOR REOPEN ING ASSESSMENT. AT THE SAME TIME WE HAVE TO BEAR IN MIND THAT IT IS NOT ANY AND EVERY MATERIAL, HOWSOEVER VAGUE AND INDEFINITE OR DISTANT, REMOTE AND FARFETC HED, WHICH WOULD WARRANT THE FORMATION OF THE BELIEF RELATING TO ESCAPEMENT OF THE INCOME OF THE ASSESSEE FROM ASSESSMENT. 8. LET US, IN THE LIGHT OF THIS LEGAL POSITION, REV ERT TO THE FACTS OF THE CASE BEFORE US. ALL THAT THE REASONS RECORDED FOR REOPENING INDICATE IS THAT CASH DEPOSITS AGGREGATING TO RS 10,24,100 HAVE BEEN MADE IN THE BANK ACCOUNT OF THE ASSESSEE, BUT THE MERE FACT THAT THESE DEPOSITS HAVE BEEN MADE IN A BANK ACCOUNT DOE S NOT INDICATE THAT THESE DEPOSITS CONSTITUTE AN INCOME WHICH HAS ESCAPED ASSESSMENT. THE REASONS RECORDED FOR REOPENING THE ASSESSMENT DO NOT MAKE OUT A CASE THA T THE ASSESSEE WAS ENGAGED IN SOME BUSINESS AND THE INCOME FROM SUCH A BUSINESS H AS NOT BEEN RETURNED BY THE ASSESSEE. AS WE DO NOT HAVE THE LIBERTY TO EXAMINE THESE REASONS ON THE BASIS OF ANY OTHER MATERIAL OR FACT, OTHER THAN THE FACTS SET OU T IN THE REASONS SO RECORDED, IT IS NOT OPEN TO US TO DEAL WITH THE QUESTION AS TO WHETHER THE ASSESSEE COULD BE SAID TO BE ENGAGED IN ANY BUSINESS; ALL THAT IS TO BE EXAMINED IS WHETHER THE FACT OF THE DEPOSITS, PER SE, IN THE BANK ACCOUNT OF THE ASSESSEE COULD B E BASIS OF HOLDING THE VIEW THAT THE INCOME HAS ESCAPED ASSESSMENT. THE ANSWER, IN OUR H UMBLE UNDERSTANDING, IS IN NEGATIVE. THE ASSESSING OFFICER HAS OPINED THAT AN INCOME OF RS 10,24,100 HAS ESCAPED ASSESSMENT OF INCOME BECAUSE THE ASSESSEE H AS RS 10,24,100 IN HIS BANK ACCOUNT BUT THEN SUCH AN OPINION PROCEEDS ON THE FA LLACIOUS ASSUMPTION THAT THE BANK DEPOSITS CONSTITUTE UNDISCLOSED INCOME, AND OVERLOO KS THE FACT THAT THE SOURCES OF DEPOSIT NEED NOT NECESSARILY BE INCOME OF THE ASSES SEE. OF COURSE, IT MAY BE DESIRABLE, FROM THE POINT OF VIEW OF REVENUE AUTHORITIES, TO E XAMINE THE MATTER IN DETAIL, BUT THEN REASSESSMENT PROCEEDINGS CANNOT BE RESORTED TO ONLY TO EXAMINE THE FACTS OF A CASE, NO MATTER HOW DESIRABLE THAT BE, UNLESS THERE IS A REA SON TO BELIEVE, RATHER THAN SUSPECT, THAT AN INCOME HAS ESCAPED ASSESSMENT. 9. LEARNED DEPARTMENTAL REPRESENTATIVE HAS REFERRED TO A NUMBER OF JUDICIAL PRECEDENTS IN SUPPORT OF HER STAND THAT EVEN DEPOSI TS IN THE BANK ACCOUNT, AS HAVING COME TO THE NOTICE OF THE ASSESSING OFFICER THROUGH AIR, CAN BE REASON ENOUGH FOR HOLDING THE BELIEF THAT INCOME HAS ESCAPED ASSESSME NT. SHE HAS RELIED UPON THE DECISIONS IN THE CASES OF CIT VS NOVA PROMOTERS & F INLEASE PVT LTD [(2012)342 ITR 169] BUT THEN NONE OF THE QUESTIONS BEFORE HONBLE HIGH COURT HAD ANYTHING TO DO WITH REOPENING OF ASSESSMENT AND THIS DECISION CANN OT, THEREFORE, BE TAKEN AS AN AUTHORITY ON THE LEGAL ISSUE WHICH DID NOT EVEN COM E UP FOR SPECIFIC ADJUDICATION BEFORE THEIR LORDSHIPS. AS FOR HER RELIANCE ON HON BLE SUPREME COURTS JUDGMENT IN THE CASE OF PHOOL CHAND BAJRANG LAL VS ITO [(1993) 203 ITR 456], THAT WAS CASE IN WHICH THEIR LORDSHIPS CONCLUDED THAT THE AO RIGHTL Y INITIATED THE REASSESSMENT PROCEEDINGS ON THE BASIS OF SUBSEQUENT INFORMATION, WHICH WAS SPECIFIC RELEVANT AND RELIABLE, AND AFTER RECORDING THE REASONS FOR FORMA TION OF HIS OWN BELIEF THAT IN THE ITA NO.1613/KOL/2018 A.Y. 2009-10 NAVNNET GOENKA VS. ITO 44(1) KOL. PAGE 5 ORIGINAL ASSESSMENT PROCEEDINGS, THE ASSESSEE HAD N OT DISCLOSED THE MATERIAL FACTS TRULY AND FULLY AND, THEREFORE, INCOME CHARGEABLE T O TAX HAD ESCAPED ASSESSMENT AND WE ARE UNABLE TO SEE ANYTHING ON THE FACTS OF THE P RESENT CASE WHICH ARE MATERIALLY SIMILAR TO THE FACTS OF THE SAID CASE. AS REGARDS H ER RELIANCE ON THE DECISION OF A COORDINATE BENCH IN THE CASE OF MITHILA CREDIT SERV ICES LIMITED VS ITO (ITA NO. 1078/DEL/2013; ORDER DATED 23.5.2014), IT IS IMPORT ANT TO BEAR IN MIND THE FACT THAT IT WAS A CASE IN WHICH THE ASSESSING OFFICER HAD REOPE NED THE ASSESSMENT ON THE BASIS OF RECEIPT OF INFORMATION FROM DIRECTORATE OF INVES TIGATION, AND, AS NOTED BY THE ASSESSING OFFICER IN THE REASONS RECORDED FOR REOPE NING THE ASSESSMENT, THE NAME OF THE ASSESSEE FIGURES AS ONE OF THE BENEFICIARIES OF THESE ALLEGED BOGUS TRANSACTIONS IN THE INFORMATION GIVEN BY THE DIRECTORATE. IF THE AS SESSEE WAS A BENEFICIARY OF SUCH A SCAM, THE INCOME WAS INDEED TO HAVE BEEN TAXED IN I TS HANDS BUT THEN IN THE CASE BEFORE US THE ONLY REASON FOR REASSESSMENT PROCEEDI NGS WAS THE FACT OF DEPOSIT OF BANK ACCOUNT WHICH BY ITSELF DOES NOT LEAD TO INCOME BEI NG TAXED IN THE HANDS OF THE ASSESSEE. LEARNED DEPARTMENTAL REPRESENTATIVE HAS R EFERRED TO SEVERAL OTHER JUDICIAL PRECEDENTS IN SUPPORT OF THE PROPOSITION THAT AT TH E STAGE OF INITIATION OF REASSESSMENT PROCEEDINGS, ALL THAT IS TO BE SEEN AS EXISTENCE, R ATHER THAN ADEQUACY, OF THE MATERIAL TO COME TO THE CONCLUSION THAT INCOME HAS ESCAPED ASSE SSMENT. TO US, THERE CANNOT BE ANY, AND THERE IS NO, DOUBT ON THE CORRECTNESS OF T HIS PROPOSITION BUT THEN, AS WE HAVE ELABORATELY EXPLAINED EARLIER IN THIS ORDER, THE MA TERIAL MUST INDICATE INCOME ESCAPING ASSESSMENT RATHER THAN DESIRABILITY OF FURTHER PROB E IN THE MATTER WHICH MAY OR MAY NOT LEAD TO INCOME ESCAPING THE ASSESSMENT. ON THE BASIS OF REASONS AS RECORDED IN THIS CASE, SUCH AN INFERENCE ABOUT INCOME ESCAPING ASSESSMENT, IN OUR HUMBLE UNDERSTANDING, CANNOT BE DRAWN. 10. IN VIEW OF THE REASONS SET OUT ABOVE, AS ALSO B EARING IN MIND ENTIRETY OF THE CASE, WE ARE OF THE CONSIDERED VIEW THAT THE REASONS RECO RDED BY THE ASSESSING OFFICER, AS SET OUT EARLIER, WERE NOT SUFFICIENT REASONS FOR RE OPENING THE ASSESSMENT PROCEEDINGS. WE, THEREFORE, QUASH THE REASSESSMENT PROCEEDINGS. AS THE REASSESSMENT ITSELF IS QUASHED, ALL OTHER ISSUES ON MERITS OF THE ADDITION S, IN THE IMPUGNED ASSESSMENT PROCEEDINGS, ARE RENDERED ACADEMIC AND INFRUCTUOUS. 4. I ADOPT THE DETAILED REASONING MUTATIS MUTANDI S TO QUASH THE IMPUGNED RE- OPENING / RE-ASSESSMENT IN ASSESSEES CASE. THE REV ENUES VEHEMENT CONTENTION SUPPORTING THE ASSESSING OFFICERS ACTION STAND DEC LINED ACCORDINGLY. 5. THIS ASSESSEES APPEAL IS ALLOWED. ORDER PRONOUNCED IN OPEN COURT ON 13/02/2019 SD/- (S.S. GODARA) JUDICIAL MEMBE R KOLKATA, *DKP/SR.PS - 13/02/2019 ITA NO.1613/KOL/2018 A.Y. 2009-10 NAVNNET GOENKA VS. ITO 44(1) KOL. PAGE 6 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-NAVNEET GOENKA, C/O. A.K. KATARUKA & CO. CHARTERED ACCOUNTANTS 41, B.B. GANGUL Y STREET, 3 RD FL. CENTRAL PLAZA, KOLKAT-700012 2. /RESPONDENT-ITO WD-44(1), 3, GOVT. PLAZA, GR. FL, K OLKATA-001 3. ' % / CONCERNED CIT 4. % - / CIT (A) 5. & ))' , ' / DR, ITAT, KOLKATA 6. + / GUARD FILE. BY ORDER/ , /TRUE COPY/ / ',