M/s Association for Peoples Welfare & Development, Patna V. ACIT, Circle-1, Patna

ITA 3/PAT/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 6204 (ITAT-PATNA)
• Duration Of Justice: 2 year(s) 8 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-09-2020
• Appeal Filed By: Assessee
• Order Result: Partly Allowed
• Bench Allotted: SMC
• Assessment Year: 2008-2009
• Appeal Filed On: 08-01-2018
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Keywords: Cost of acquisition
• Section: 147

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PATNA VIRTUAL COURTAT KOLKATA BEFORE SHRI S.S. GODARA, JM & DR. A. L. SAINI, AM ITA NO.03/PAT/2018 ASSESSMENT YEAR:2008-09 ASSOCIATION FOR PEOPLES WELFARE & DEVELOPMENT G-82, PC COLONY, KANKARBAGH, PATNA-800020. / V/S . ACIT, CIRCLE-1, PATNA PAN NO.AAAAA5648M /APPELLANT .. /RESPONDENT /BY APPELLANT NONE /BY RESPONDENT SHRI AJAY KUMAR, ADDL.CIT, SR. DR /DATE OF HEARING 14-09-2020 /DATE OF PRONOUNCEMENT 14-09-2020 /O R D E R PER BENCH(ORAL): THIS ASSESSEES APPEAL FOR ASSESSMENT YEAR 2008-09 ARISES AGAINST THE COMMISSIONER OF INCOME-TAX (APPEALS), PATNAS ORDER DATED 31.10.2017 PASSED IN CASE NO.424 /CIT(A)-1/2011-12 INVOLVING PROCEEDINGS U/S 143(3)/147 OF THE INCOME TAX ACT, 1961; (IN SHORT THE ACT). CASE CALLED TWICE. NONE APPEARS AT ASSESSEES BEHEST. IT IS ACCORDINGLY PROCEEDED EX PARTE. ITA NO.03/PAT/2018 ASSOCIATION FOR PEOPLES WELFARE & DEVELOPMENT PAGE 2 2. WE NOTICE AT THE OUTSET THAT THE CIT(A)S ORDER UNDER CHALLENGE AFFIRMING THE ASSESSING OFFICERS ACTION IN INITIATING SECTION 147 PROCEEDINGS THEREBY ADDING COST OF ACQUISITION OF ASSETS OF RS.7,83,474/- AS UNEXPLAINED; HAS BEEN PASSED EX PARTE WITHOUT INDICATING AS TO WHETHER THIS TAXPAYER HAD BEEN ACTUALLY SERVED THE RELEVANT HEARING NOTICE(S) OR NOT. WE THEREFORE RESTORE THE ASSESSEES CLINCHING GRIEVANCE RAISED IN THE INSTANT APPEAL BACK TO THE CIT(A) FOR AFRESH ADJUDICATION AS PER LAW. 3. THIS ASSESSEES APPEAL IS ALLOWED FOR STATISTICAL PURPOSES. ORDER PRONOUNCED IN OPEN COURT ON 14/09/2020 AT THE TIME OF HEARING. SD/- SD/- (A. L. SAINI) (S. S. GODARA) ACCOUNTANT MEMBER JUDICIAL MEMBER KOLKATA; DATE: 14/09/2020 RS / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT- ASSOCIATION FOR PEOPLES WELFARE & DEVELOPMENT 2. /RESPONDENT- ACIT, CIRCLE-1, PATNA 3. / CONCERNED CIT 4. - / CIT (A) 5. , / DR, ITAT, 6. [ / GUARD FILE. //TRUE COPY// BY ORDER/ , SR. PRIVATE SECRETARY, ITAT, KOLKATA.