M/s. Precast India Infrastures Pvt. Ltd, Pune V. The Deputy Commissioner of Income-Tax, Circle-4, Pune

ITA 293/PUN/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 1663 (ITAT-PUNE)
• Duration Of Justice: 2 year(s) 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-07-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 27-02-2020
• Result in Favour of: Matter Remanded
• Court: TRIBUNAL
• Assessee Lawyers: APOORVA
• Keywords: Depreciation
• Section: 143(3); 32(1)(iia)

Judgement Text

आयकर अपीऱीय अधिकरण “ए” न्यायपीठ पुणे में । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI S.S.GODARA, JM AND SHRI DR. DIPAK P. RIPOTE, AM आयकर अपीऱ सं. / ITA No.293/PUN/2020 ननधधारण वषा / Assessment Year : 2012-13 M/s. Precast India Infrastructures Pvt. Ltd., Plot No. 58B, CDSA Campus Pune, Paud Road, Bavdhan Khurd Pune - 411021 PAN : AAFCP2784C .......अपऩलधथी / Appellant बनधम / V/s. DCIT, Circle -4, Pune ......प्रत्यथी / Respondent Assessee by : Ms. Apoorva Revenue by : Shri Arvind Desai सपनवधई की तधरऩख / Date of Hearing : 20.06.2022 घोषणध की तधरऩख / Date of Pronouncement : 29.07.2022 आदेश / ORDER PER S. S. GODARA, JM : 1. This assessee’s appeal for A.Y. 2012-13 is directed against the CIT(A)-3, Pune’s order dated 02/01/2020 passed in case No. PN/CIT(A)-3/DCIT Cir 4/229/2015-16/511 involving proceeding u/s. 143(3) of the Income Tax Act, 1961; in short "the Act”. Heard both the parties. Case file perused. 2 ITA No.293/PUN/2020 A.Y. : 2012-13 M/s. Precast India Infrastructures Pvt. Ltd., 2. Coming to the assessee’s three folded substantive grounds that the CIT(A)’s has inter alia erred in law and on facts in upholding the Assessing Officer’s action disallowing additional depreciation claim u/s. 32(1)(iia) amounting to Rs.1,58,69,783/-, Section 36(1)(iii) interest of Rs.25,96,135/- followed by ad-hoc expenses rejection of Rs.1,00,000/- ; respectively, we note with the able assistance of both the parties the lower appellate decision with this effect has been made ex-parte. 3. Mr. Desai Vehemently argued that the CIT(A) had not only afforded numerous opportunities to the assessee as per his tabulation in para 5 page 3 of the lower appellate order but also all these issues stand adjudicated in detailed as well. All these arguments fail to evoke our concurrence as there is no indication that the CIT(A)’s has adjudicated the instant three issues in light of section 250(6) of the Act requiring him to frame its point of determination followed by a detailed adjudication there upon. The fact also remains that the assessee has been equally negligent in pursuing its lower appellate remedy. Faced with this situation, we deem it appropriate in larger interest of justice that the assessee deserve one more innings before the CIT(A)’s with a rider that it shall file on record all the relevant details and evidence afresh; at its own risk and responsibilities, within three effective opportunities in consequential proceedings, which will be considered as per law. Ordered accordingly. 3 ITA No.293/PUN/2020 A.Y. : 2012-13 M/s. Precast India Infrastructures Pvt. Ltd., 4. This assessee’s appeal is allowed for statistical purpose in above terms. Order pronounced in the Open Court on this 29 th day of July, 2022. Sd/- Sd/- (DR.DIPAK P.RIPOTE) (S.S. GODARA) लेखध सदस्य/ ACCOUNTANT MEMBER न्यधनयक सदस्य/JUDICIAL MEMBER पपणे / Pune; ददनधांक / Dated : 29 th July, 2022. Ashwini आदेश की प्रनतनलनप अग्रेनषत / Copy of the Order forwarded to : 1. अपऩलधथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The CIT(A)-3, Pune. 4. The Pr.CIT-2, Pune. 5. नवभधगऩय प्रनतनननध, आयकर अपऩलऩय अनधकरण, “ए” बेंच, पपणे / DR, ITAT, “A” Bench, Pune. 6. गधर्ा फ़धइल / Guard File. आदेशधनपसधर / BY ORDER, // True Copy // Senior Private Secretary आयकर अपऩलऩय अनधकरण, पपणे / ITAT, Pune. 4 ITA No.293/PUN/2020 A.Y. : 2012-13 M/s. Precast India Infrastructures Pvt. Ltd., S.No. Details Date Initials 1 Draft dictated on 20.06.2022 2 Draft placed before author 29.07.2022 3 Draft proposed & placed before the Second Member 4 Draft discussed/approved by Second Member 5 Approved Draft comes to the Sr. PS/PS 6 Kept for pronouncement on 7 Date of uploading of Order 8 File sent to Bench Clerk 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R. 11 Date of Dispatch of order