BHAGIRATHI TRANSCORPO PVT. LTD., MUMBAI V. DCIT - 12 (1) (2), MUMBAI

ITA 3378/MUM/2019

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 9385 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 4 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-09-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 19-05-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: THARIAN OOMMEN
• Section: 14A; 40(a)(ia)

Judgement Text

आयकर अपीलीय अिधकरण मुंबई पीठ “बी” मुंबई Įी ǒवकास अवèथी, Ûयाियक सदèय एवं Įी एम.बालागनेश, लेखा सदèय के सम¢ IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “B”, MUMBAI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER & SHRI M.BALAGANESH, ACCOUNTANT MEMBER आअसं. 3378/मुं/2019 (िन. व. 2014-15) ITA No. 3378/MUM/2019 (A.Y.2014-15) Bhagirathi Transcorpo Pvt. Ltd. 2/37, Parisharam CHSL, Datta Pada, Rajendra Nagar, Borivali (East), Mumbai-400066. PAN: AADCB7436K ...... अपीलाथȸ /Appellant बनाम Vs. DCIT-12(1)(2), Room No. 262, Aayakar Bhavan, M.K. Road, Mumbai-400020 ..... Ĥितवादȣ/Respondent अपीलाथȸ Ʈारा/ Appellant by : None Ĥितवादȣ Ʈारा/Respondent by : Sh. Tharian Oommen सुनवाई कȧ ितिथ/ Date of hearing : 08/07/2021 घोषणा कȧ ितिथ/ Date of pronouncement : 30/09/2021 आदेश/ ORDER PER VIKAS AWASTHY, JM: This appeal by the assessee is directed against an ex-parte order of Commissioner of Income Tax (Appeals)-20, Mumbai [hereinafter referred to as ‘the CIT(A)’] dated 29.03.2019 for Assessment Year (AY) 2014-15. 2 ITA No. 3378 Mum 2019 (A.Y. 2014-15) 2. The brief facts of the case as emanating from records are: The assessee is engaged in providing Buses and Cars on hire contract. In scrutiny assessment proceedings, the Assessing Officer (AO) made following disallowance/additions: i. Disallowance under section 40(a)(ia) of the Act Rs. 86,67,039/- ii. Disallowance of interest under section 36(1)(iii) of the Act Rs. 14,00,000/- iii. Disallowance under section 14A of the Act. Rs. 1,727/- Aggrieved by the assessment order dated 23.12.2016, the assessee filed appeal before the CIT(A). The First Appellate Authority issued notices to the assessee (physical notices/notice through email). Since, the assessee failed to respond to the said notices, the CIT(A) in an ex-parte proceeding dismissed the grounds raised in the appeal by the assessee. Hence, the present appeal. 3. In appeal before the Tribunal, apart from challenging addition/disallowance confirmed by the CIT(A), the assessee has prayed for remanding the matter back to the file of AO. In statement of facts, the assessee has pointed that the grounds raised in the present appeal challenging disallowance of interest under section 36(1)(iii) and disallowance made under section 40(a)(ia) has been decided by the Tribunal in assessee’s appeal for AY 2012-13. A copy of the order in ITA No. 6027/Mum/2016 for AY 2012- 13decided on 21.12.2018 has been placed on record. 4. A perusal of the impugned order reveals that the CIT(A) has issued physical notice to the assessee on two occasion i.e. 13.09.2017 & 28.09.2017, thereafter, the CIT(A) issued notice to the assessee on the email address furnished in Form-35 on three occasions i.e. dated 12.03.2019, 19.03.2019 & 26.03.2019, however, the assessee failed to respond to any of the notices. 3 ITA No. 3378 Mum 2019 (A.Y. 2014-15) 5. Taking into consideration entire facts, we deem it appropriate to restore the issues raised in appeal to the file of AO. The AO after ascertaining parity of facts in two assessment years i.e. AY 2012-13 & 2014-15 shall re-examine disallowances made in the light of order of Tribunal in the case of assessee in ITA No. 6027/Mum/2016 (supra). The AO shall grant reasonable opportunity of hearing to the assessee, in accordance with law. 6. In the result, impugned order is set-aside and appeal of the assessee is allowed for statistical purpose. Order pronounced in the open court on Tuesday, the 30 th day of September, 2021. Sd/- Sd/- (M. BALAGANESH) (VIKAS AWASTHY) लेखा सदèय/ACCOUNTANT MEMBER Ûयाियक सदèय/JUDICIAL MEMBER मुंबई/ Mumbai, Ǒदनांक/Dated:30/09/2021 S.K., PS Ĥितिलǒप अĒेǒषतCopy of the Order forwarded to : 1. अपीलाथȸ/The Appellant , 2. Ĥितवादȣ/ The Respondent. 3. आयकर आयुƠ(अ)/ The CIT(A)- 4. आयकर आयुƠ CIT 5. ǒवभागीय Ĥितिनिध, आय.अपी.अिध., मुबंई/DR, ITAT, Mumbai 6. गाड[ फाइल/Guard file. BY ORDER, //True Copy// (Dy./Asstt. Registrar) ITAT, Mumbai