Appeal details
Counselvise Citation
[2021] 108 COUNSELVISE.COM (IT) 4617 (ITAT-HYDERABAD)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
1 year(s) 5 month(s) 22 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
13-05-2021
Appeal Filed By
Assessee
Order Result
Allowed
Bench Allotted
DB-A
Assessment Year
misc
Appeal Filed On
21-11-2019
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD. BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO. 1 70 4 /HYD/20 1 9 SRI LAKSHMI NARASIMHA EDUCATIONAL SOCIETY , 2 - 2 - 18/31/C/2, D D COLONY, BAGH AMBER PET, HYDERABAD - 500 0 13 PAN AA RAS 0765Q ..APPELLANT. COMMISSIONER OF INCOME TAX (EXEMPTIONS), HYDERABAD. ..RESPONDENT. APPELLANT BY : SHRI SARANG SHAH . RESPONDENT BY : SHRI R. DIPAK (D.R) DATE OF HEARING : 28.04 .2021. DATE OF PRONOUNCEMENT : 13 .05. 2021. O R D E R PER LAXMI PRASAD SAHU , A .M. : THIS ASSESSEES APPEAL ARISES FROM THE COMMISSIONER OF INCOME TAX ( EXEMPTION S), HYDERABAD ORDER DT. 27.09. 2019 PASSED IN CASE NO. 2 ITA NO. 170 4 /HYD/2019 CIT(E)/HYD/223(03)/12A/2018 - 19 IN PROCEEDINGS UNDER SECTION 12AA(1)(B)(II) OF INCOME TAX ACT, 1961 (THE ACT). 2. DURING THE COURSE OF HEARING, THE LEARNED AR OF THE ASSESSEE UNDERTOOK THAT THE ASSESSEE WILL PRODUCE ALL THE DOCUMENTS AS REQUIRED BY THE CIT(EXEMPTIONS) FOR EARLY DISPOSAL OF THE APPEAL. IT IS FURTHER STA TED THAT THE SOCIETY WAS NOT ENGAGED IN ANY FRAUDULENT ACTIVITY AND ALL THE EXPENDITURE HAS BEEN INCURRED IN THE INTEREST OF THE SOCIETY. THE LEARNED AUTHORISED REPRESENTATIVE PRAYED THAT ONE MORE OPPORTUNITY BE PROVIDED TO PRESENT ITS CASE WITH ALL THE N ECESSARY DOCUMENTS BEFORE THE CIT (EXEMPTIONS). 3. ON THE OTHER HAND, THE LEARNED CIT - DR RELIED ON THE ORDER OF CIT (EXEMPTIONS). 4. AFTER HEARING BOTH SIDES AND PERUSAL OF THE ORDERS OF AUTHORITIES BELOW, CONSIDERING THE PRAYER OF THE LD. AR OF THE ASSESSEE, WE RESTORE THE MATTER TO CIT (EXEMPTIONS) TO EXAMINE THE DOCUMENTS AS SUBMITTED BY THE ASSESSEE 3 ITA NO. 170 4 /HYD/2019 AFRESH AND THE CIT (EXEMPTIONS) SHALL PROVIDE REASONABLE OPPORTUNITY OF HEARING BEFORE DECIDING THE REGISTRATION U/S. 12A TO THE ASSESSEE UNDER CONSID ERATION, AS PER LAW. THE ASSESSEE ALSO DIRECTED NOT TO SEEK UNNECESSARY ADJOURNMENTS WITHOUT COGENT REASONS. ORDERED ACCORDINGLY. 5. IN THE RESULT, THE APPEAL IS ALLOWED FOR STATISTICAL PURPOSES. ORDER PRONOUNCED IN THE OPEN COURT ON 13TH MAY, 2021. SD/ - SD/ - ( S.S. GODARA ) ( LAXMI PRASAD SAHU ) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD, DT. 13 .05 .2021. * REDDY GP COPY TO : 1. SRI LAKSHMI NARASIMHA EDUCATIONAL SOCIETY, 2 - 2 - 18/31/C/2, D D COLONY, BAGH AMBER PET, HYDERABAD - 500 013 2. CIT(E), HYDERABAD. 3. PR. C I T , HYDERABAD. 4 . DR, ITAT, HYDERABAD. 5 . GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.
