KLH Innoventures Ltd., , Kolkata V. ITO, Ward - 3(1), Kolkata , Kolkata

ITA 1806/KOL/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 7840 (ITAT-KOLKATA)
• Duration Of Justice: 8 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-04-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 21-08-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SHANKAR HALDER JCITSRDR
• Section: 143(3)

Judgement Text

, D , IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH D KOLKATA BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND DR. A.L. SAINI, ACCOUNTANT MEMBER ITA NO. 1806 / KOL / 20 18 ASSESSMENT YEAR :2013-14 KLH INNOVENTURES LTD. C/O SUBASH AGARWAL & ASSOCIATES SIDDHA GIBSON, 1, GIBSON LANE, 2 ND FLOOR, SUITE-213, KOLKATG-69 [ PAN NO.ADCK 0960 F ] V/S . INCOME TAX OFFICER, WARD-3(1), AAYAKAR BHAWAN, P-7, CHOWRINGHEE SQUARE, KOLKATA-69 /APPELLANT .. / RESPONDENT /BY APPELLANT SHRI SUBASH AGARWAL, ADVOCATE /BY RESPONDENT SHRI SHANKAR HALDER, JCIT-SR-DR /DATE OF HEARING 16-04-2019 /DATE OF PRONOUNCEMENT 24-04-2019 / O R D E R PER S.S.GODARA, JUDICIAL MEMBER:- THIS ASSESSEES APPEAL FOR ASSESSMENT YEAR 2013-14 ARISES AGAINST THE COMMISSIONER OF INCOME TAX (APPEALS)-1, KOLKATAS O RDER DATED 15.06.2018 PASSED IN CASE NO.10802/CIT(A)-1/KOL/./ITO, WARD-3( 1)/2016-17, IN PROCEEDINGS U/S 143(3) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT. HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. THE ASSESSEES SOLE SUBSTANTIVE GRIEVANCE CHALLE NGES CORRECTNESS OF BOTH THE LOWER AUTHORITIES ACTION ADDING UNSECURED LOANS AMOUNTING TO 4 LAC DURING THE COURSE OF ASSESSMENT AND UPHELD IN THE L OWER APPELLATE ITA NO.1806/KOL/2018 A.Y. 2013-14 KLH INNOVENTURES LTD. VS. ITO WD-3(1), KOL . PAGE 2 PROCEEDINGS. WE NOTICE FROM THE CIT(A)S ORDER IN P ARA-3 THAT HE HAD FIXED THE ASSESSEES LOWER APPEAL FOR HEARING ON 30.05.2018, 07.06.2018 AND 14.06.2018. THE ASSESSEE SOUGHT ADJOURNMENT ON SECO ND OPPORTUNITY OF HEARING. IT ADMITTEDLY DID NOT APPEAR ON THE LAST O CCASION COMING TO 14.06.2018. THIS HAS MADE THE CIT(A)S APPEAL TO PA SS HIS LOWER APPELLATE ORDER EX PARTE ON ACCOUNT OF ASSESSEES FAILURE IN PUTTING IN AS APPEARANCE. LEARNED DEPARTMENT REPRESENTATIVE FAILS TO REBUT TH E CLINCHING FACT THAT THE CIT(A) HAS NOT PASSED ANY SPEAKING ORDER COMPRISING OF POINTS OF DETERMINATION FOLLOWED BY A DETAILED ADJUDICATION A S CONTEMPLATED U/S 250(6) OF THE ACT. WE THEREFORE RESTORE THE ASSESSEES INS TANT APPEAL BACK TO THE CIT(A) FOR AFRESH ADJUDICATION AS PER LAW WITHIN TH REE EFFECTIVE OPPORTUNITIES OF HEARING. 3. THIS ASSESSEES APPEAL IS ALLOWED FOR STATISTICA L PURPOSE IN ABOVE TERMS. ORDER PRONOUNCED IN THE OPEN COURT 24 /04/2019 SD/- SD/- ( %) (' %) (DR.A.L. SAINI) (S.S.GODARA) (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) KOLKATA, *DKP, SR.P.S (- 24 / 04 /201 9 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-KLH INNOVENTURES LTD., C/O SUBASH AGARWA L & ASSOCIATES, SIDDHA GIBSON, 1, GIBSO N LANE, 2 ND FLOOR, SUITE-213, KOLKATA-69 2. /RESPONDENT-ITO WD-3(1), AAYAKAR BHAWAN, P-7, CHOWR INGHEE SQ. KOLKATA-69 3. 3 4 / CONCERNED CIT KOLKATA 4. 4- / CIT (A) KOLKATA 5. 7 ''3, 3, / DR, ITAT, KOLKATA 6. < / GUARD FILE. BY ORDER/ , /TRUE COPY/ 3,