Sarita Gupta, Ranchi V. ITO,Ward-3(1), Ranchi

ITA 281/RAN/2018

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 1548 (ITAT-RANCHI)
• Duration Of Justice: 6 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-03-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 27-08-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: P K MONDAL JCIT LD SR DR I T A
• Section: 56(2)(vii)(b); 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH : RANCHI [BEFORE HONBLE SHRI S.S. GODARA, JM ] I .T.A NO. 2 3 / RAN /201 8 ASSESSMENT YEAR : 201 4 - 15 S HRI SUNIL KUMAR KEDIA VS. A.C.I.T, CIR - 3, JAMSHEDPUR PAN: A FRPK7574F KOLKATA (APPELLANT) (RES PONDENT) FOR THE APPELLANT : SHRI DEVESH PODDAR, ADVOCATE, LD.AR FOR THE RESPONDENT : SHRI P.K. MONDAL, JCIT, LD. SR.DR I .T.A NO. 2 37 / RAN /201 8 ASSESSMENT YEAR : 201 4 - 15 SHRI SURESH KUMAR AGARWAL VS. D.C.I.T,CIR - 3, RANCHI PAN: ACWPA4378B (APPELLANT) (RESPONDENT) FOR THE APPELLANT : S/SH. VINAY GOENKA, ADVOCATE & V.N. GOENKA, FCA, LD.ARS FOR THE RESPONDENT : SHRI P.K. MONDAL, JCIT, LD. SR.DR DATE OF HEARING : 08 - 01 - 2019 DATE OF PRONOUNCEMENT : - 03 - 2019 I .T.A NO. 267 / RAN /201 8 ASSESSMENT YEAR : 2014 - 15 SHRI VIVEK KUMAR VS. D.C.I.T,CIR - 3, RANCHI PAN: AHJPK 4460E (APPELLANT) (RESPONDENT) FOR THE APPELLANT : NONE FOR THE RESPONDENT : SHRI P.K. MONDAL, JCIT, LD. SR.DR 2 ITA NO S . 23,237,267,270 & 281/RAN/2018 SUNIL KR. KEDIA, SURESH KR. AGARWAL, VIVEK KR. NIKHIL GUPTA & SARITA GUPTA 2 I .T.A NO. 270 / RAN /201 8 ASSESSMENT YEAR : 2014 - 15 SHRI NIKHIL GUPTA VS. I.T.O., W 2(1), RANCHI PAN: A ISPG9055H (APPELLANT) (RESPONDENT) FOR THE APPELLANT : SHRI BIRENDRA MODI & SHRI KUMAR VAIBHAV, ADVOCATES, LD.AR FOR THE RESPONDENT : SHRI P.K. MONDAL, JCIT, LD. SR.DR I .T.A NO. 2 81 / RAN /201 8 ASSESSMENT YEAR : 2014 - 15 S ARITA GUPTA VS. I.T.O. W 3(1) RANCHI PAN: BKWPG 2660M (APPELLANT) (RESPONDENT) FOR THE APPELLANT : NONE FOR THE RESPONDENT : SHRI P.K. MONDAL, JCIT , LD. SR.DR DATE OF HEARING : 10 - 01 - 2019 DATE OF PRONOUNCEMENT : 19 - 03 - 2019 ORDER 1. TH ESE FIVE DIFFERENT ASSESSE E S HAVE FILED THEIR INSTANT APPEALS AGAINST THE CIT(A) S RESPECTIVE SEPARATE ORDER S, DATED 14 - 08 - 2017, 10 - 05 - 2018, 17 - 05 - 2018, 31 - 05 - 2018 AND 22 - 05 - 2018 PASSED IN CASE NO. 133/JSR/2016 - 17, CIT(A), RANCHI/10288/2016 - 17, CIT(A), RANCHI/10282/2016 - 17, CIT(A), RANCHI/10369/2016 - 17 & CIT(A), 3 ITA NO S . 23,237,267,270 & 281/RAN/2018 SUNIL KR. KEDIA, SURESH KR. AGARWAL, VIVEK KR. NIKHIL GUPTA & SARITA GUPTA 3 RANCHI/10351/2016 - 17 INVOLVING PR OCEEDINGS U/S 143(3) R.W.S 147 OF THE I.T ACT , 1961 ( IN SHORT ACT) . HEARD ASSESSEES AS WELL AS THE REVENUES REITERATING THEIR RESPECTIVE STANDS AGAINST AND IN SUPPORT OF THE IMPUGNED ADDITION(S). CASE FILE S PERUSED. 2. IT EMERGES DURING THE COURSE OF HEARING AT THE OUTSET THAT THE SE FIVE ASSESSE E S CHALLENG E CORRECTNESS ON BOT H THE LOWER AUTHORITIES IDENTICAL ACTION MAKING SECTION 56(2)(VII)(B) ADDITIONS OF RS.10,00,000/ - , RS. 16,32,463 / - . RS. 22,26,625 / - , RS. 2 , 72 , 068 / - AND RS.4 , 82 , 635/ - (APPEAL - WISE) , RESPECTIVELY. 3. THERE IS HARDLY ANY DISPUTE THAT THE SAID STATUTORY PROVISION APPLIES IN THE SPECIFIED CIRCUMSTANCES. SECTION 56(2)(B) 1 ST AND 2 ND PROVISO MAKE IT CLEAR THAT IN CASE WHERE THE DATES OF AGREEMENT AND PAYMENT OF CONSIDERATION REGARDING IMMOVABLE PROPERTY IN ISSUE AND THAT OF THE REGISTRATION ARE NOT THE SAME, THE DEPARTMENT MA Y TAKE A FORMER DATE UNDER THESE SUB CLAUSE (S ) FOR THE PURPOSE OF ASSESSMENT. THIS IS FOLLOWED BY THE LATTER PROVISO THAT THE E ARLIER ONE WOULD ONLY APPLY IN CASE THE AMOUNT OF SALE CONSIDERATION OR PART THEREOF HAS BEEN PAID BY ANY OTHER MODE THAN CASH ON OR BEFORE THE DATE OF AGREEMENT RELATING TO TRANSFER OF IM MOVEABLE PROPER T Y . I KEEP IN MIND TH IS STATUTORY PROVISION TO NO TICE THAT THE 2 ND , 4 TH & 5 TH ASSESSE E S I.E S/SH. SURESH KR. AGARWAL , NIKHIL GUPTA & SMT. SARITA GUPTA HAD M AD E CHEQUE(S) PAYMENTS ON 30.9.2010, 25.11.11 & 20.11.2012 AS AGAINST CORRESPONDING AGREEMENTS DTD . 8.3. 12, 30.11.11 AND 20.11.2012 RESPECTIVELY. THESE THREE ASSESSEES CASES ARE SQUARELY COVERED UNDER THE SAID 1 ST AND 2 ND PROVISO TO SECTION 56(2)(VII)(B). I ACCORDINGLY DIRECT THE AO TO DELETE THE IMPUGNED ADDITIONS INVOLVED IN THESE THREE APPEALS A MOUNTING TO RS. 16,32,463/ - , RS. 2,72, 068/ - AND RS. 4,82,635/ - RESPECTIVELY. THEIR APPEALS ITA NOS. 237, 270 AND 281/RAN/2018 FOR A Y 2014 - 15 ARE ALLOWED. 4 ITA NO S . 23,237,267,270 & 281/RAN/2018 SUNIL KR. KEDIA, SURESH KR. AGARWAL, VIVEK KR. NIKHIL GUPTA & SARITA GUPTA 4 4. COMING TO FIRST AND THIRD ASSESSE E S S/SH SUNIL KUMAR KEDIA & VIVEK KUMAR IN ITA NOS. 231 & 267/R AN/2018, I NOTICE THAT FORMER TAX PAYER(S) HAD NO T EXECUTED ANY EARLIER AGREEMENT COUPLED WITH CHEQUE PAYMENT (S) SINCE THE SALE DEED IS DATED 12 - 12 - 2013 WHEREAS THE LAT T ER ASSESSE(S ) PAID ADVANCE OF RS. 12 LAKH ON 14. 7. 2012 I.E MUCH AFTER THE DATE OF AGREEMENT DATED 5 - 4 - 2010 . I THEREFORE CONCLUDE THAT THESE TWO ASSESSES CASE S ARE NOT COVERED UNDER FIRST AND SECOND PROVISO TO SECTION 56(2)(VII)(B) OF THE ACT. 5. NEXT ARISE S YET ANOTHER NAMELY IMPORTANT ASPECT OF REFERENCE TO THE DVO (DEPARTMENTAL VALUATION OFFICER) U/S. 56(2)(VII)( C ) PROVISO MAKING IT CLEAR THAT THE AO MAY MAKE NECESSARY REFERENCE ALIKE THAT PROVI DED IN SECTION 5 0C (2) OF THE ACT . THE REVENUE VEHEMENTLY CONTENDS THAT THESE TWO ASSESSE E S HAD NO T PRAYED FOR SUCH A REFERENCE . I FIND NO MERIT IN THE REVENUES ARGUMENT. HONBLE CALCUTTA HIGH COURTS DECISION IN 372 ITR 83 (CAL) HOLDS THAT A REFERENCE U/S. 5 0C (2) OF THE ACT IS MANDATORY EVEN IF AN ASSESSEE DOES NOT RAISE CORRESPONDING PLEA BEFORE THE ASSESSIN G OFFICER . I THEREFORE DIRECT THE AO TO PROCEED AFRESH IN THESE TWO APPEALS, ITA NOS. 23 & 267/RAN/2018 ARE RESTORED BACK TO THE ASSESSING OFFICER FOR FURTHER PROCEEDINGS AS PER LAW. THESE TWO ASSESSEES APPEALS ARE ALLOWED FOR STATISTICAL PURPOSE. 6. TO S UM UP , ITA NOS. 237, 270 AND 281/RAN/2018 FOR THE A.Y 2014 - 15 ARE ALLOWED AND APPEALS IN 23 & 267/RAN/2018 ARE ALLOWED FOR STATISTICAL PURPOSE IN ABOVE TERMS. A C OPY OF THIS ORDER BE KEPT IN THE RESPECTIVE CASE FILES. ORDER PRONOUNCED IN T HE COURT ON 19 - 03 - 2019 SD/ - [ S.S.GODARA ] DATE: 19/3/19 JUDICIAL MEMBER 5 ITA NO S . 23,237,267,270 & 281/RAN/2018 SUNIL KR. KEDIA, SURESH KR. AGARWAL, VIVEK KR. NIKHIL GUPTA & SARITA GUPTA 5 PP , SR. PS COPY OF THE ORDER FORWARDED TO: 1 . S/SHRI SUNIL KUMAR KEDIA, MAIN ROAD, GARHARIA, WEST SINGHBHUM,JSR - 832108/ SURESH KUMAR AGARWAL 501 KISHAN APARTMENT, P.P COMPOUND, MAIN ROAD, RANCHI - 834001(JH), VIVEK KUMAR S/O SRI ANAND KUMAR GUPTA, 11, 2 ND STREET, CHURCH ROAD, RANCHI - 834001/NIKHIL GUPTA LAXMI NILAYAM, H.B. ROAD, LALPUR, RANCHI - 834 001 & SMT. SARITA GUPTA, FLAT NO. 1A, ANUBHA ENCLAVE, EAST J AIL ROAD, RANCHI - 834001,F - 3 URMILA COMPLEX, CIRCULAR ROAD, RANCHI. 2. ACIT, CIR - 3, JSR/DCIT, CIR - 3 , RANCHI/ITO, W 2(1), RANCHI . 3..C.I.T (A) . - 4. C.I.T. - KOLKATA. 5. CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY BY ORDER ASSISTANT REGISTRAR HEAD OF OFFICE/D.D.O., ITAT, KOLKATA