S Saravanan, Trichy V. ITO, Ward-2(1), Trichy

ITA 246/CHNY/2019

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 6143 (ITAT-CHENNAI)
• Duration Of Justice: 2 year(s) 10 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-12-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 03-02-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Principle of natural justice
• Section: 143(3)

Judgement Text

आयकर अपीलीय अिधकरण ‘सी’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, CHENNAI माननीय -ी महावीर िसंह, उपा23 एवं माननीय -ी मनोज कु मार अ8वाल ,लेखा सद; के सम3। BEFORE HON’BLE SHRI MAHAVIR SINGH, VICE PRESIDENT AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No.246/Chny/2019 (िनधाDरण वषD / Assessment Year: 2011-12) Shri S. Saravanan C/o M/s. Suba Broilers, No.13A, Takker Bungalow, Woraiyur, Trichy – 620 003. बनाम/ V s. ITO, Ward-2(1), Trichy. थायी लेखा सं./जीआइ आर सं./P AN /GI R No . B AE P S -5 5 5 7 -H (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ की ओरसे/ Appellant by : Shri S. Sridhar (Advocate) – Ld. AR थ की ओरसे/Respondent by : Shri G. Johnson (Addl. CIT) –Ld. DR सुनवाई की तारीख/ Date of Hearing : 20-12-2021 घोषणा की तारीख / Date of Pronouncement : 20-12-2021 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2011-12 arises out of the order of learned Commissioner of Income Tax (Appeals)-1, Trichy [CIT(A)] dated 18-12-2018 in the matter of assessment framed by Ld. Assessing Officer [AO] u/s.144 r.w.s. 143(3) of the Act on 25-03-2014. 2. The Ld. AR, at the outset, submitted that the assessment has been framed on best judgment basis since the assessee could not submit full details during appellate proceedings. In the said background, citing principle of natural justice, Ld. AR pleaded to restore the matter back to ITA No.246/Chny/2019 - 2 - the file of Ld. AO. The Ld. DR, on the other hand, submitted that the assessee failed to substantiate the cash deposit in the bank account. Having heard rival submissions, our adjudication would be as given in succeeding paragraphs. 3. The material on record would show that an assessment was framed against the assessee on 25-03-2014. Since the assessee failed to make effective representation, the assessment was completed on best judgment basis after adding on amount of Rs.69.41 Lacs, being cash deposited by the assessee in the savings bank account. The position materially remained the same during appellate proceedings which led to confirmation of stand of Ld. AO. Aggrieved, the assessee is in further appeal before us. 4. Though we concur with the submissions of Ld. DR that the assessee has remained negligent to attend the proceedings before lower authorities, however, keeping in view the principle of natural justice, we restore the matter of assessment back to the file of Ld. AO to frame fresh assessment with a direction to the assessee to substantiate his stand failing which Ld. AO shall be at liberty to proceed with the assessment on the basis of material on record. 5. The appeal stand allowed for statistical purposes. Order pronounced on 20 th December, 2021. Sd/- (MAHAVIR SINGH) उपा23 /VICE PRESIDENT Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद; / ACCOUNTANT MEMBER चे)ई / Chennai; िदनांक / Dated : 20-12-2021 EDN/- आदेश क ितिलिप अ ेिषत/Copy 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