Sunil kumar Sivadasan, Kodaikanal V. Ito, ward-1, dindigul, Dindigul

ITA 290/CHNY/2024

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 1621 (ITAT-CHENNAI)
• Duration Of Justice: 4 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-06-2024
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Next Hearing Date: 12-06-2024
• Assessment Year: 2017-2018
• Appeal Filed On: 01-02-2024
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R. MUKUNDAN LD.
• Section: 147; 144; 119(2)(b); 69A

Judgement Text

आयकर अपीलीय अिधकरण ‘ए’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI माननीय +ी मनोज कु मार अ/वाल ,लेखा सद4 एवं माननीय +ी मनु कु मार िग7र, ाियक सद4 के सम8। BEFORE HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM AND HON’BLE SHRI MANU KUMAR GIRI, JM आयकरअपील सं./ ITA No.290/Chny/2024 (िनधा9रणवष9 / As sessment Year: 2017-18) Shri Sunil Kumar Sivadasan No.1, Prop. Vishuthi Constructions Sidda Vaidya Salai, Anna Salai, Kodaikanal-624 101. बनाम/ V s. ITO Ward-1, Dindigul. थायीलेखासं./जीआइआरसं./PAN/GIR No. AOZPK-8325-B (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ कीओरसे/ Appellant by : Shri P.M. Kathir (Advocate) -Ld.AR थ कीओरसे/Respondent by : Shri R. Mukundan (JCIT)-Ld. Sr. DR सुनवाई की तारीख/Date of Hearing : 13-06-2024 घोषणा की तारीख /Date of Pronouncement : 18-06-2024 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2017-18 arises out of the order of learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A)] dated 10-01-2024 in the matter of an assessment framed by Ld. Assessing Officer [AO] u/s. 147 r.w.s 144 of the Act on 12-03-2021. 2. In the assessment order, Ld. AO noted that the assessee filed declaration in Form No.1 under Income Declaration Scheme-2016 (IDS) 2 on 29-09-2019 declaring undisclosed income of Rs.4.52 Lacs. However, the assessee failed to adhere to due dates for payment of taxes payable under the scheme. Accordingly, the declaration was treated as void by appropriate authority. Considering the same, Ld. AO made addition thereof u/s 69A which would be taxable at special rate of 60% u/s 115BBE. The Ld. CIT(A) confirmed the action of Ld. AO against which the assessee is in further appeal before us. 3. It has been brought to the notice that the assessee has preferred petition u/s 119(2)(b) before Hon’ble CBDT on 11-06-2024 requesting for condonation of delay in payment in IDS-2016. The same is pending for disposal and the same would have material bearing on the impugned assessment. Considering the same, we restore the appeal back to the file of Ld. CIT(A) to await the outcome of the above petition. If the petition is not accepted, Ld. CIT(A) may consider granting of credit of taxes paid by the assessee under the scheme in accordance with law. 4. The appeal stand allowed for statistical purposes. Order pronounced on 18 th June, 2024 Sd/- (MANU KUMAR GIRI) ाियक सद4 / JUDICIAL MEMBER Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद4 / ACCOUNTANT MEMBER चे5ई Chennai; िदनांक Dated :18-06-2024 DS आदेशकीNितिलिपअ/ेिषत/Copy of the Order forwarded to : 1. अपीलाथ /Appellant 2. थ /Respondent 3. आयकरआयु>/CIT, Madurai . 4. िवभागीय ितिनिध/DR 5. गाडCफाईल/GF