SANGEETA ARUN DESHMUKH, SATARA V. ITO, WARD-5, SATARA

ITA 172/PUN/2020

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 1585 (ITAT-PUNE)
• Duration Of Justice: 2 year(s) 8 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-10-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 26-09-2022
• Assessment Year: 2014-2015
• Appeal Filed On: 29-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Unexplained cash credit
• Section: 68; 69; 144; 143(2)

Judgement Text

आयकर अपीलीय अधधकरण “बी” न्यायपीठ पुणे में । IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, PUNE BEFORE SHRI S.S.GODARA, JM AND SHRI G.D. PADMAHSHALI, AM आयकर अपील सं. / ITA No.172/PUN/2020 धनधाारण वषा / Assessment Year : 2014-15 Sangeeta Arun Deshmukh, 343/312, Indraprastha, Gadkar Ali, Satara – 415 001 PAN : AKHPD2857M .......अपीलाथी / Appellant बनाम / V/s. ITO, Ward - 5, Satara ......प्रत्यथी / Respondent Assessee by : Shri M.K. Kulkarni Revenue by : Shri M.G. Jasnani सुनवाई की तारीख / Date of Hearing : 27.09.2022 घोषणा की तारीख / Date of Pronouncement : 04.10.2022 आदेश / ORDER PER S. S. GODARA, JM : 1. This assessee’s appeal for AY 2014-15 arises against the CIT(A)-10, Pune’s order dated 11/12/2019 passed in case No. PN/CIT(A)-10/ITO Wd5 Satara/160/17-18/895 involving proceedings u/s 144 of the Income Tax Act, 1961; in short "the Act”. Heard both the parties. Case file perused. 2 ITA No.172/PUN/2020 A.Y. : 2014-15 Sangeeta Arun Deshmukh 2. It transpires during the course of hearing that the assessee’s 10 substantive grounds challenge correctness of both the lower authorities action adding section 69 unexplained investments and section 68 unexplained cash credits of Rs.55,46,254/- and Rs.84,74,000/-; respectively, made in the course of assessment dated 02.12.2016 as upheld in the CIT(A). 3. We further note that the Assessing Officer had framed an ex-parte assessment on account of the assessee’s failure to explain source of both the above unexplained heads. She thereafter chose to file additional evidence before the CIT(A)’s; who sought remand report, which came to be filed on 01.03.2018. Mr. Kulkarni could hardly dispute that the assessee has not been able to explain source of the above twin heads throughout on merits. We thus affirm the learned lower authorities action on all factual aspects. 4. Faced with this situation, Mr. Kulkarni quoted (2022) 136 taxmann.com 414 (Cal.) PCIT Vs Nopany & Sons that the impugned assessment in absence of a section 143(2) notice is invalid. The same hardly deserved acceptance once it has come on record in light of para 3 in assessment order that the Assessing Officer had indeed issued him section 143(2) notice dated 31.08.2015 to the assessee. This first and foremost legal argument is rejected. 5. Learned counsel next contended that both the lower authorities have erred in law and on facts in invoking section 68 and 69 additions herein 3 ITA No.172/PUN/2020 A.Y. : 2014-15 Sangeeta Arun Deshmukh despite the fact that the assessee had not maintained any books of accounts which forms a mandatory requirement for the same. This latter legal argument also deserves to rejected only once hon’ble jurisdictional high court has decided the very issue in Revenue’s favour in Shri Arunkumar J. Muchhala V/s. CIT (2017) 399 ITR 256 (Bom.) that impugned additions would not be deleted for this precise reason alone once the assessee concerned fails to explain source of unexplained sums in issue. Rejected accordingly. No other ground or argument has been pressed before us. 6. This assessee’s appeal is dismissed in above terms. Order pronounced in the Open Court on this 4 th day of October, 2022. Sd/- Sd/- (G.D. PADMAHSHALI) (S.S. GODARA) लेखा सदस्य/ ACCOUNTANT MEMBER न्याधयक सदस्य/JUDICIAL MEMBER पुणे / Pune; ददनांक / Dated : 4 th October, 2022. Ashwini आदेश की प्रधतधलधप अग्रेधषत / Copy of the Order forwarded to : 1. अपीलाथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The CIT(A)-10 Pune. 4. The Pr.CIT-3, Pune. 5. धवभागीय प्रधतधनधध, आयकर अपीलीय अधधकरण, “बी” बेंच, पुणे / DR, ITAT, “B” Bench, Pune. 6. गार्ा फ़ाइल / Guard File. आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अधधकरण, पुणे / ITAT, Pune. 4 ITA No.172/PUN/2020 A.Y. : 2014-15 Sangeeta Arun Deshmukh S.No. Details Date Initials 1 Draft dictated on 28.09.2022 2 Draft placed before author 03.10.2022 3 Draft proposed & placed before the Second Member 4 Draft discussed/approved by Second Member 5 Approved Draft comes to the Sr. PS/PS 6 Kept for pronouncement on 7 Date of uploading of Order 8 File sent to Bench Clerk 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R. 11 Date of Dispatch of order