Jaikumar M.Bumb, Pune V. Deputy Commissioner of Income-tax, Circle - 2, Pune

ITA 1671/PUN/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 0051 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 10 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Assessee
• Order Result: PartlyAllowed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 21-10-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 54F

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “B”, PUNE BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI S. S. VISWANETHRA RAVI, JUDICIAL MEMBER आयकर अपील सं. / ITA No.1671/PUN/2018 िनधाᭅरण वषᭅ / Assessment Year: 2010-11 Jaikumar M. Bumb, Siddharth Complex, Nagar Road, Pune-411001. PAN : AHKPB5959Q Vs. DCIT, Circle-2, Pune. Appellant Respondent आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the assessee directed against the order of ld. Commissioner of Income Tax (Appeals)-8, Pune [‘the CIT(A)’] dated 18.05.2018 for the assessment year 2010-11. 2. The appellant raised the following grounds of appeal :- “1) On the facts and in the circumstances of the case the order passed by the Id. CIT(A) is bad in law in as much as there being no service of last notice dated 19/04/2018 requiring the compliance on 18/05/2018 and thereby not affording the reasonably opportunity to make the submission and compliance. 2) On the facts and in the circumstances of the case and without prejudice on the Ground No. 1 the CIT(A) has erred in not allowing the deduction claimed u/s. 54F in respect of a Flat purchased on 7 th September 2010 for Rs. 32,79,700/-. Assessee by : Shri Kishor Phadke Revenue by : Shri M. G. Jasnani Date of hearing : 01.09.2022 Date of pronouncement : 07.09.2022 ITA No.1671/PUN/2018 2 The above ground of appeal may kindly be allowed to be amended, altered, modified etc., in the interest of natural justice.” 3. At the outset, the ld. AR raised a preliminary issue that the last notice of hearing issued by the ld. CIT(A) dated 19.04.2018 was not served upon the appellant-assessee. Thus, he prayed that the matter may be restored to the file of the ld. CIT(A) for fresh decision on merits in accordance with law. On the other hand, ld. CIT-DR has no serious objection to remand the matter to the file of the ld. CIT(A). We order accordingly. 4. In the result, the appeal filed by the assessee stands partly allowed. Order pronounced on this 07 th day of September, 2022. Sd/- Sd/- (S. S. VISWANETHRA RAVI) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / Pune; ᳰदनांक / Dated : 07 th September, 2022. Sujeet आदेश कᳱ ᮧितिलिप अᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The CIT(A)-8, Pune. 4. The Pr. CIT-4, Pune. 5. िवभागीय ᮧितिनिध, आयकर अपीलीय अिधकरण, “B” बᱶच, पुणे / DR, ITAT, “B” Bench, Pune. 6. गाडᭅ फ़ाइल / Guard File. आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे / ITAT, Pune.