M/s. Mohan Insurance & Finance Consultancy Pvt. Ltd., , Kolkata V. ITO, Ward - 1(1), Kolkata , Kolkata

ITA 1764/KOL/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 5699 (ITAT-KOLKATA)
• Duration Of Justice: 5 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-01-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 16-08-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S VEN KATIRAMANI CITSRDR
• Assessee Lawyers: S SURANA
• Section: 143(3); 14A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH SMC KOLKATA BEFORE SHRI S.S, GODARA, JUDICIAL MEMBER ITA NO.1764/KOL/2018 ASSESSMENT YEAR:2014-15 M/S MOHAN INSURANCE & FINANCE CONSULTANCY PVT. LTD., 630, TUE VALUE UTTAR PANCHANAN GRAM, KOLKATA-700013 [ PAN NO.AAECM 3132 G ] / V/S . INCOME TAX OFFICER, WARD-1(1), AAYAKAR BHAWAN, P-7, CHOWRINGHEE SQUARE, KOLKATA-69 /APPELLANT .. /RESPONDENT /BY APPELLANT SHRI S.SURANA, ADVOCATE /BY RESPONDENT SHRI S. VEN KATIRAMANI ADDL. CIT-SR-DR /DATE OF HEARING 22-01-2019 /DATE OF PRONOUNCEMENT 31-01-2019 /O R D E R THIS ASSESSEES APPEAL FOR ASSESSMENT YEAR 2014-15 , ARISES AGAINST THE COMMISSIONER OF INCOME-TAX (APPEALS)-1, KOLKATAS O RDER DATED 22.06.2018 PASSED IN CASE NO.605673091300117 INVOLVING PROCEEDINGS U/S. 143(3) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT. HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. IT EMERGES AT THE OUTSET THAT THE CIT(A) HAS PAS SED HIS LOWER APPELLATE ORDER EX PARTE AGAINST THE ASSESSEE WHILST AFFIRMING THE ASS ESSING OFFICERS ACTION DISALLOWING / ADDING DISCOUNT ON INSURANCE RENEWAL AMOUNTING TO 10,91,969/- ALONG WITH SEC. 14A R.W.S 8D DISALLOWANCE OF 25,603/- MADE IN THE COURSE OF ASSESSMENT FRAMED ON 29.12.2016. THE REVENUE VEHEMENTLY CONTENDS DURING THE COURSE OF HEARING THAT THE ITA NO.1764/KOL/2018 A.Y. 2014-15 M/S MOHAN INSURANCE & FINANCE CONSULTANCY PVT. LTD. VS. ITO WD-1(1) KOL. PAGE 2 CIT(A) HAD FIXED THE LOWER APPEAL FOR HEARING ON 07 .06.2018, 15,06.2018 & 22.06.2018. THE ASSESSEE HAD APPEARED ONLY ON SECON D OPPORTUNITY. THIS MADE THE CIT(A) TO PASS HIS LOWER APPELLATE ORDER UNDER CHAL LENGE DISMISSING THE ASSESSEES APPEAL TO BE WITHOUT ANY MERIT. I FIND THAT CIT(A) HAS NOWHERE CONSIDERED THE RELEVANT FACTS PERTAINING TO ASSESSEES TWIN GRIEVANCE(S) FO LLOWED BY A DETAILED ADJUDICATION AS CONTEMPLATED U/S 250(6) OF THE ACT. I THEREFORE RES TORE THE INSTANT APPEAL BACK TO THE CIT(A) FOR ADJUDICATION AFRESH AFTER AFFORDING THRE E EFFECTIVE OPPORTUNITIES TO THE TAXPAYER. 3. THIS ASSESSEES APPEAL IS ACCEPTED FOR STATISTIC AL PURPOSE IN ABOVE TERMS. ORDER PRONOUNCED IN OPEN COURT ON 31/01/2019 SD/- (S.S. GODARA) JUDICIAL MEMBE R KOLKATA, *DKP/SR.PS - 31/01/2019 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-M/S MOHAN INSURANCE & FINANCE CONSULTANC Y PVT. LTD., 630 TRUE VALUE, UT TAR PANCHANANAA GRAM, KOLKATA-13 2. /RESPONDENT-ITO WARD-1(1), AAYAKAR BHAWAN,P-7, CHOW RINGHEE SQ. KOL-69 3. ' % / CONCERNED CIT 4. % - / CIT (A) 5. & ))' , ' / DR, ITAT, KOLKATA 6. + / GUARD FILE. BY ORDER/ , /TRUE COPY/ / ',