Aiswarya Art Creations Private Limited , Hyderabad V. Asst. Commissioner of Income Tax, Circle-14(1), Hyderabad

ITA 1700/Hyd/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2454 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 10 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-06-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB-A
• Next Hearing Date: 18-05-2021
• Assessment Year: 2013-2014
• Appeal Filed On: 14-08-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: CHAITANYA KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER I.T.A. NO. 1700/HYD/2018 ASSESSMENT YEAR: 2013-14 AISWARYA ART CREATIONS PRIVATE LIMITED, HYDERABAD [PAN: AAGCA7479J] VS ASST. COMMISSIONER OF INCOME TAX, CRICLE-4(1), HYDERABAD (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI CHAITANYA KUMAR, AR FOR REVENUE : SHRI SUNIL KUMAR PANDEY, DR DATE OF HEARING : 18-05-2021 DATE OF PRONOUNCEMENT : 25-06-2021 O R D E R PER S.S.GODARA, J.M. : THIS ASSESSEES APPEAL FOR AY.2013-14 ARISES FROM TH E CIT(A)-6, HYDERABADS ORDER DATED 02-01-2018 PASSED IN CASE NO.0139/2016-17/A3/CIT(A)-6, IN PROCEEDINGS U/S.143 (3) OF THE INCOME TAX ACT, 1961 [IN SHORT, THE ACT]. HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. WE NOTICE AT THE OUTSET THAT THE CIT(A)S LOWER APPELLA TE ORDER; AFFIRMING THE ASSESSING OFFICERS ACTION REJE CTING ITS BOOKS OF ACCOUNT THEREBY ESTIMATING 4% OF THE GROSS RECE IPTS OF RS.48,45,67,056/- AS TAXABLE INCOME IN ASSESSMENT ORD ER DT.29-03-2016 HAS BEEN PASSED EX-PARTE AND THAT TOO WITHOUT ITA NO. 1700/HYD/2018 :- 2 -: CONDONING THE ALLEGED DELAY OF 31 DAYS IN FILING THE LOWER APPELLATE ORDER. 3. LEARNED DEPARTMENTAL REPRESENTATIVE SOUGHT TO INVITE O UR ATTENTION TO CIT(A)S ORDER REJECTING THE ASSESSEES APP EAL ON ACCOUNT OF ITS DELAY IN FILING THE APPEAL BEING NOT EX PLAINED BY PINPOINTING ANY SUFFICIENT CAUSE. 4. WE FIND NO MERIT IN THE INSTANT ARGUMENT PER SE SINCE THE CORRESPONDING CIT(A)S LOWER APPELLATE ORDER HEARING NOTICE DOES NOT SEEM TO HAVE BEEN ACTUALLY SERVED ON THE ASSES SEE PRIMA-FACIE. WE THEREFORE DEEM IT APPROPRIATE TO RESTORE THE ASSESSEES INSTANT GRIEVANCE BACK TO THE CIT(A) FOR HI S APPROPRIATE ADJUDICATION AS PER LAW WITHIN THREE EFFEC TIVE OPPORTUNITIES OF HEARING. 5. THIS ASSESSEES APPEAL IS TREATED AS ALLOWED FOR S TATISTICAL PURPOSES. ORDER PRONOUNCED IN THE OPEN COURT ON 25 TH JUNE, 2021 SD/- SD/- (LAXMI PRASAD SAHU) (S.S.G ODARA) ACCOUNTANT MEMBER JUDICIAL MEM BER HYDERABAD, DATED: 25-06-2021 TNMM ITA NO. 1700/HYD/2018 :- 3 -: COPY TO : 1.AISWARYA ART CREATIONS PRIVATE LIMITED, SHRI T.CH AITANYA KUMAR, ADVOCATE, FLAT NO.102, GOWRI APARTMENTS, URD U LANE, HIMAYATNAGAR, HYDERABAD. 2.THE ASST.COMMISSIONER OF INCOME TAX, CIRCLE-14(1) , HYDERABAD. 3.CIT(APPEALS)-6, HYDERABAD. 4.PR.CIT-6, HYDERABAD. 5.D.R. ITAT, HYDERABAD. 6.GUARD FILE.