ZUBBIN KHMBATTA, Mumbai V. The Income Tax Office Ward 20(3)(1), Piramal Chamber, Mumbai

ITA 2359/MUM/2024

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 0720 (ITAT-MUMBAI)
• Duration Of Justice: 2 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-07-2024
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: G
• Next Hearing Date: 23-07-2024
• Assessment Year: misc
• Appeal Filed On: 01-05-2024
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI “G” BENCH : MUMBAI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI OMKARESHWAR CHIDARA, ACCOUNTANT MEMBER ITA.No.2359/Mum./2024 Assessment Year 2016-2017 Zubbin Khambatta, H-2, Navroze Baug, Lalbaug, Mumbai–400012. Maharashtra. PAN AEWPK3442G vs. The Income Tax Officer, Ward-20(3)(1), Piramal Chamber, Lal Baug, Lower Parel, Mumbai – 400 013 Maharashtra. (Appellant) (Respondent) For Assessee : Shri Sumit Mantri For Revenue : Shri Dr. Kishor Dhule, CIT-DR Date of Hearing : 24.07.2024 Date of Pronouncement : 26.07.2024 ORDER PER SATBEER SINGH GODARA, J.M. This assessee’s appeal for assessment year 2016- 2017 arises against the order of the CIT(A)-National Faceless Appeal Centre, Delhi’s DIN & order no.ITBA/ NFAC/S/250/ 2023-24/1062116462(1), dated 06.03.20224, in proceedings u/s.147 of the Income Tax Act, 1961 (in short “the Act”). 2 ITA.No.2359/MUM./2024 Heard both the parties. Case file perused. 2. It emerges at the outset during the course of hearing that the CIT(A)-NFAC’s lower appellate findings; upholding the Assessing Officer’s action inter alia making sec.69C unexplained expenditure addition of Rs.2,76,50,010/-; as ex-parte; and that too without ensuring compliance to sec.250(6) of the Act requiring it to give points for determination followed by a detailed adjudication thereof. Faced with this situation, we reject the Revenue’s vehement contentions and deem it appropriate in the larger interest of justice to restore the assessee’s instant appeal back to the CIT(A)-NFAC for it’s afresh adjudication, preferably within three effective opportunities of hearing, subject to the rider that it shall be the taxpayer’s onus and responsibility only to file and prove all the relevant facts in consequential proceedings. Ordered accordingly. 3. This assessee’s appeal is allowed for statistical purposes in above terms. 3 ITA.No.2359/MUM./2024 Order pronounced in the open Court on 26.07.2024 Sd/- Sd/- [OMKARESHWAR CHIDARA] [SATBEER SINGH GODARA] ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai, Dated 26 th July, 2024 VBP/- Copy to 1. The applicant 2. The respondent 3. The Pr. CIT, Mumbai concerned 4. D.R. ITAT, “G” Bench, Mumbai. 5. Guard File. //By Order// //True Copy // Assistant Registrar, ITAT, Mumbai Benches, Mumbai.