Herald Publications Pvt. Ltd., Panaji V. The Assistant Commissioner of Income Tax, Circle-1 (1), Panaji

ITA 26/PAN/2022

• Counselvise Citation: [2023] 102 COUNSELVISE.COM (IT) 0983 (ITAT-PANAJI)
• Duration Of Justice: 1 year(s) 5 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-10-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: WT(D)
• Next Hearing Date: 03-10-2023
• Assessment Year: misc
• Appeal Filed On: 19-04-2022
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Bogus purchase
• Section: 154

Judgement Text

आयकर अपीलीय अधिकरण न्यायपीठ पणजी में । IN THE INCOME TAX APPELLATE TRIBUNAL, PANAJI (Through Virtual Court) BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER आयकर अपील सं. / ITA No.26/PAN/2022 धििाारण वर्ा / Assessment Year : 1990-91 Herald Publications Pvt. Ltd., 1, Rua St. Tome Street, Behind GPO, Panaji, Goa -403001 PAN : AAACH4580K .......अपीलार्थी / Appellant बिाम / V/s. ACIT, Circle – 1(1), Panaji ......प्रत्यर्थी / Respondent Assessee by : Shri D.E. Robinson Revenue by : Shri N. Shrikanth सुिवाई की तारीख / Date of Hearing : 04-10-2023 घोर्णा की तारीख / Date of Pronouncement : 05-10-2023 आदेश / ORDER PER S.S. VISWANETHRA RAVI, JM : This appeal by the assessee against the order dated 18-02-2022 passed by the Commissioner of Income Tax (Appeals)-2, Panaji [‘CIT(A)’] for assessment year 1990-91. 2. The assessee raised four grounds of appeal amongst which the only issue emanates for our consideration is to whether the CIT(A) justified in 2 ITA No. 26/PAN/2022, A.Y. 1990-91 confirming the order passed by the AO u/s. 154 of the Act in the facts and circumstances of the case. 3. We note that the Co-ordinate Bench of this Tribunal vide its order dated 22-02-2007 remanded two issues in respect of bogus purchases and unaccounted cash payments to the file of CIT(A) to pass fresh order, in accordance with law which is at page 5 of the paper book filed by the assessee. Meanwhile, the AO given effect to the ITAT order vide order dated 20-09-2007. Thereafter, the assessment order was rectified u/s. 154 of the Act, wherein, the AO cancelled the relief given on account of bogus purchases and unaccounted cash payment to an extent of Rs.37,19,339/-. The ld. DR drew our attention to the order of CIT(A) at page 15 of the paper book and argued the present appeal filed by the assessee becomes infructuous, wherein, the CIT(A) allowed relief to the assessee on account of bogus purchases and un accounted cash payment. On perusal of the order, we note that the CIT(A) had given relief by deleting the addition made on account of bogus purchases and unaccounted cash payment. In view of the same, the present appeal filed by the assessee becomes infructuous requiring no adjudication. 4. In the result, the appeal of assessee is dismissed as infructuous. Order pronounced in the open court on 05 th October, 2023. Sd/- Sd/- (R.S. Syal) (S.S. Viswanethra Ravi) VICE PRESIDENT JUDICIAL MEMBER पुणे / Pune; ददिांक / Dated : 05 th October, 2023. रधव 3 ITA No. 26/PAN/2022, A.Y. 1990-91 आदेश की प्रधतधलधप अग्रेधर्त / Copy of the Order forwarded to : 1. अपीलार्थी / The Appellant. 2. प्रत्यर्थी / The Respondent. 3. The CIT(A)-2, Panaji, Goa. 4. The Pr. CIT (Central), Bangalore. 5. धवभागीय प्रधतधिधि, आयकर अपीलीय अधिकरण, पणजी, / DR, ITAT, Panaji. 6. गार्ा फ़ाइल / Guard File. //सत्याधपत प्रधत// True Copy// आदेशािुसार / BY ORDER, वररष्ठ धिजी सधिव / Sr. Private Secretary आयकर अपीलीय अधिकरण ,पुणे / ITAT, Pune