ACIT, CC-14, New Delhi V. Anuj Bansal, Delhi

ITA 2009/DEL/2021

• Counselvise Citation: [2022] 103 COUNSELVISE.COM (IT) 9478 (ITAT-DELHI)
• Duration Of Justice: 10 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-10-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 30-10-2022
• Assessment Year: 2017-2018
• Appeal Filed On: 28-12-2021
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 143(3); 153A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “A” DELHI BEFORE SHRI CHANDRA MOHAN GARG, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.A. No.2009/DEL/2021 Assessment Year 2017-18 Assistant Commissioner of Income Tax, Central Circle-14, New Delhi. Vs. Shri Anuj Bansal, Prop. Of M/s. Maa & Son, 1170, 2 nd Floor, Kucha Mahajani, Chandani Chowk, New Delhi. TAN/PAN: AGLPB0846N (Appellant) (Respondent) Appellant by: Shri P. Praveen Sidharth, CIT-D.R. Respondent by: Shri Kapil Goel, Adv. Date of hearing: 31 10 2022 Date of pronouncement: 31 10 2022 O R D E R PER PRADIP KUMAR KEDIA, A.M.: The captioned appeal has been filed by the Revenue against the order of the Commissioner of Income Tax (Appeals)-XXVII, New Delhi [‘CIT(A) ’ in short] dated 16.08.2021 arising fro m the assessment order dated 31.12.2019 passed by the Assessing Officer ( AO) under Section 153A r.w. Section 143(3) of the Inco me Tax Act, 1961 (the Act) concerning AY 2017-18. 2 . Th e g ro u n d s o f ap p eal ra ised b y th e Rev en u e read as u n d er: “ i . T h a t t h e L d . CI T (A ) h a s e r re d o n f a c t s o f t h e ca se b y i g n o r i n g t h e c a s h d e p o s i t o f R s . 1 , 7 8 , 6 2 , 5 0 0 / - o u t of t o t a l d e p o s i t o f R s. 2 , 1 6 , 8 7 , 5 0 0 / - d u ri n g d e m o n e t i za t i o n p e ri o d . i i . W h e t h e r o n t h e f a c t s a n d c i r c u m st a n c e s o f t h e ca s e a n d i n l a w I.T.A. No.3394/Del/2017 2 t h e l d . CI T (A ) h a s e r re d i n r e st ri c t i n g a d d i t i o n o f R s. 2 , 1 6 , 8 7 , 5 0 0 / - o n a c c o u n t o f c a s h d e p o si t d u ri n g d e m o n e t i z a t i o n t o R s. 3 5 , 5 0 , 0 0 0 / - d e s p i t e t h e f a c t th a t a s se s s e e f a i l e d t o f u rn i s h c o m p l e t e c a sh b o o k b u t o n l y c a s h b o o k r e l a t e d t o 2 - 3 d a y s a n d t h i s f a i l e d t o sa t i sf y t h e A O a b o ut t h e t r u e n a t u r e a n d so u rc e o f c a sh d e p o si t . I i i (a ) T h e L d . CI T (A ) i s e r r o n e o u s a n d n o t t e n a b le i n l a w a n d o n f a c t s. (b ) T h e a p p e l l a n t c ra v e s l e a v e t o a d d , a m e n d a n y / al l t h e g r o u n d s o f a p p e a l b e f o r e o r d u r i n g t h e c o u r s e o f t he h e a ri n g o f t h e a p p e a l ” 3. When the matter was called for hea ring, the ld. counsel for the assessee in the Revenue Appeal submitted that for the Assess ment Year 2017-18 in question, the assessee had also filed a Cross Appeal/Cross Objection in ITA No.1016/Del/2021 order dated 29.04.2022 wherein assess ment order passed under Section 153A r.w. Section 143(3) of the Act dated 31.12.2019 which has given rise to the present cause of action, itself has been quashed by the Co-ordinate Bench having regard to the foundational legal infirmities noted with reference to Section 153D of the Act while fra ming the assessment order under Section 153A of the Act. It was thus submitted that in the light of the fact that the assessment order itself does not survive, the appeal of the Revenue is required to be dis missed in limine. 4. In the absence of rebuttal of the facts pointed out on behalf of the assessee by the Depart ment, the aforesaid plea as raised on behalf of the assessee deserves acceptance. Thus, the appeal of the Revenue is dismissed in limine. I.T.A. No.3394/Del/2017 3 5. In the result, the appeal of the Revenue is dismissed in limine. Order was pronounced in the open Court on 31/10/2022. Sd/- Sd/- [CHANDRA MOHAN GARG] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: /10/2022 prabhat