SHRIRAM VYAPAR PVT. LTD., CHENNAI V. ITO CORPORATE WARD 6(2), CHENNAI

ITA 1721/CHNY/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9486 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 3 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 30-05-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Depreciation; Principle of natural justice

Judgement Text

आयकर अपीलीय अिधकरण ‘ए’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI माननीय +ी महावीर िसंह, उपा12 एवं माननीय +ी मनोज कु मार अ6वाल ,लेखा सद9 के सम2। BEFORE HON’BLE SHRI MAHAVIR SINGH, VICE PRESIDENT AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No.1721/Chny/2019 (िनधाBरण वषB / Assessment Year: 2013-14) Shriram Vyapar Pvt. Ltd. No. R.5-A/2, Imayam Colony, 2 nd Street, Anna Nagar West Extension, Chennai – 600 101. बनाम/ V s. ITO Corporate Ward-6(2), Chennai. थायी लेखा सं./जीआइ आर सं./P AN /GI R No . AAR C S -2 2 4 6 -Q (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ की ओरसे/ Appellant by : Shri R.S.V.S. Pavan Kumar (Advocate)-Ld. A.R थ की ओरसे/Respondent by : Shri ARV Sreenivasan (Addl. CIT) –Ld. DR सुनवाई की तारीख/Date of Hearing : 05-09-2022 घोषणा की तारीख /Date of Pronouncement : 05-09-2022 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2013-14 arises out of the order of learned Commissioner of Income Tax (Appeals)-15, Chennai [CIT(A)] dated 29-03-2019 in the matter of an assessment framed by Ld. Assessing Officer [AO] u/s.143(3) of the Act on 25-03-2016. In the assessment order, the assessee has been saddled with additions of service charges, agent expenses, business promotion expenses and disallowance of depreciation. ITA No.1721/Chny/2019 - 2 - 2. The Ld. AR, at the outset, pleaded for another opportunity of hearing before first appellate authority since there was no representation from the assessee. The Ld. DR, on the other hand, pleaded for dismissal of the appeal. 3. Upon perusal of para 4.3.1 of the order, it could be seen that the assessee sought adjournment on date of hearing and accordingly, the appeal was dismissed for want of evidences and explanations. Keeping in view the principle of natural justice, we deem it fit to provide another opportunity of hearing to the assessee. Therefore, accepting the plea of Ld. AR, we set aside the impugned order and restore the appeal back to the file of Ld. CIT(A) for fresh adjudication with a direction to the assessee to substantiate its case failing which Ld. CIT(A) shall be at liberty to dispose-off the appeal on the basis of material on record. 4. The appeal stand allowed for statistical purposes. Order pronounced on 05 th September, 2022. Sd/- (MAHAVIR SINGH) उपा12 /VICE PRESIDENT Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद9 / ACCOUNTANT MEMBER चे*ई / Chennai; िदनांक / Dated : 05-09-2022 EDN/- आदेश की Vितिलिप अ 6ेिषत/Copy of the Order forwarded to : 1. अपीलाथ /Appellant 2. यथ /Respondent 3. आयकर आयु (अपील)/CIT(A) 4. आयकर आयु /CIT 5. िवभागीय ितिनिध/DR 6. गाड फाईल/GF