The Secretary, Karimannoor Service Co-op Bank Ltd, Idukki V. The JTDIT ( I & CI), KOchi

ITA 351/COCH/2019

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 2597 (ITAT-COCHIN)
• Duration Of Justice: 1 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-06-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Next Hearing Date: 17-06-2019
• Assessment Year: 2014-2015
• Appeal Filed On: 06-05-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SR A S BINDHU
• Keywords: Principle of natural justice; Reasonable cause
• Section: 273B; 133(6); 10

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE GEORGE K, JM ITA NO. 313 /COCH/201 9 : ASST.YEAR 2012 - 2013 M/S.THE PERINGODE SERVICE CO - OPERATIVE BANK LIMITED NO.F - 1552, PARASSERY PO PALAKKAD 678 631. PAN : AACAP7294A. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 314 /COCH/201 9 : ASST.YEAR 2013 - 2014 M/S.THE KOZHINJAMPARA SERVICE CO - OPERATIVE BANK LIMITED, NO.P.500, KOZHINJAMPARA PO PALAKKAD 678 555. PAN : AACAT4689F. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 315 /COCH/201 9 : ASST.YEAR 2013 - 2014 M/S.THE KANJIKODE SERVICE CO - OPERATIVE BANK LIMITED NO.F - 1199, KANJIKODE PO PALAKKAD 678 621 PAN : AAAAK6080B. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 318 /COCH/201 9 : ASST.YEAR 2011 - 2012 M/S.THE THADUKKASSERY SERVICE CO - OPERATIVE BANK LIMITED, NO.F - 534, KERALASSERY PO PALAKKAD 678 641. PAN : AAEAT6828L. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SRI.SIVADAS CHETTOOR RESPONDENT BY : SR.A.S.BINDHU, SR.DR ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 2 ITA NO. 328 /COCH/201 9 : ASST.YEAR 2012 - 2013 M/S.THALORE SERVICE CO - OPERATIVE BANK LIMITED, NO.435, THALORE PO THRISSUR 680 036. PAN : AACAT4739N. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SMT.MEERA V.MENON RESPONDENT BY : SMT.A.S.BINDHU, SR.DR ITA NO. 330 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, PUTHUPARIYARAM SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA, KOCHI 682 020. PAN : AAAAP1096Q. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 331 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, VAZHITHALA SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAV4015B. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 332 /COCH/201 9 : ASST.YEAR 2013 - 2014 M/S.THE SECRETARY, ALAKODE SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAA7937P. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 3 ITA NO. 333 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, KANCHIYAR SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAK8407E. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 334 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, KATTAPPANA SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAT7092A. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 335 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, VANNAPPURAMSERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AABAT2324E. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 33 6 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, PAMBANAR SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAABP1028P . VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 4 ITA NO. 337 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, KALLAR SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AABAT5093Q . VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 338 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, PERUVANTHANAM SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAP5407B. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 339 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, THODUPUZHA SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AADAT7946G. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 340 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, THANKAMANY SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AADAT4571B. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 5 ITA NO. 341 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, CHENKARA SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAABC0742M. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 342 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, VANDIPERIYAR SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AABAV3245Q. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 343 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, AMARAVATHY SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AACAT4881B. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 344 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, VAZHATHOPE SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AADFV4646A. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 6 ITA NO. 345 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, PURAPUZHA SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AADAP4322J. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 346 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, UPPUTHARA SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAU3749B. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 347 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, MEDUMATTOM SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AACAT3866G . VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 348 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, KODIKULAM SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAK6147M. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 7 ITA NO. 349 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, AYYAPPANCOIL SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAA3457E. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 350 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, ARAKULAM FARMERS SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAALA0637M. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 351 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, KARIMANNOOR SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAT3229M. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOC HI. (APPELLANT) (RESPONDENT) ITA NO. 352 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, THUDANGANAD SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AACAT5997N. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 8 ITA NO. 353 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, MALANAD SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AADAM0401H. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) ITA NO. 354 /COCH/201 9 : ASST.YEAR 2014 - 2015 M/S.THE SECRETARY, KUDAYATHOOR SERVICE CO - OPERATIVE BANK LIMITED C/O.A KUMAR, 28/3085 - B, PARVATHY NIVAS, TAGORE NAGAR KADAVANTHARA KOCHI 682 020. PAN : AAAAT3227F. VS. THE JOINT DIRECTOR OF INCOME - TAX (I & CI) KOCHI. (APPELLANT) (RESPONDENT) APPELLANT S BY : SRI.A.KUMAR, ADVOCATE RESPONDENT BY : SMT.A.S.BINDHU, SR.DR DATE OF HEARING : 17.06.2019 DATE OF PRONOUNCEMENT : 18 .06. 201 9 O R D E R PER BENCH : THESE APPEALS AT THE INSTANCE OF THE ASSESSEE ARE DIRECTED AGAINST SEPARATE ORDER OF THE CIT(A) . THE ORDERS OF THE CIT(A) ARISE OUT OF THE ORDER PASSED U/S 272A(2)(C) R.W.S. 274 OF THE INCOME - TAX ACT, 1961. 2. THE BRIEF FACTS OF THE CASE ARE AS FOLLOW: ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 9 THE ASSESSEES IN THE ABOVE CASE S HAVE CHALLENGED THE IMPOSITION OF PENALTY U/S 272A(2)(C) OF THE I.T.ACT. AT THE VERY OUTSET WE NOTICE THAT THE ASSESSEES HAD RAISED A GROUND IN ALL THE ABOVE APPEALS TH AT THE ORDERS LEVYING PENALTY ARE EX PARTE ORDERS AND HENCE BAD IN LAW . WHEN THE ASSESSEE RECEIVED NOTICE U/S 274 OF THE I.T.ACT SHOW CAUSING FOR WHY PENALTY SHOULD NOT BE IMPOSED, THE ASSESSEE HAD SOUGHT TIME STATING THAT THE PROVISIONS OF ISSUANCE OF NOT ICE U/S 133(6) OF THE I.T.ACT WAS CHALLENGED BEFORE THE HON BLE HIGH COURT AND REQUESTED THE ASSESSING OFFICER TO AWAIT THE OUTCOME OF THE HONBLE HIGH COURTS JUDGMENT. FURTHER, IT WAS STATED THAT THE ASSESSEE HAD SOUGHT TIME FOR PRODUCING THE DETAILS CALLED FOR IN THE NOTICE ISSUED U/S 133(6) OF THE I.T.ACT STATING THAT THE DOCUMENTS CALLED FOR ARE VOLUMINOUS . HENCE IT CONTENDED THAT THERE WAS REASONABLE CAUSE AS MANDATED U/S 273B OF THE I.T.ACT FOR NOT IMPOSING PENALTY U/S 272A(2)(C) OF THE I.T.ACT. 3. WE HAVE HEARD THE RIVAL SUBMISSIONS AND PERUSED THE MATERIAL ON RECORD. WE FIND THAT IN ALL THE ABOVE CASES, THE ASSESSING OFFICER S HA VE PASSED PENALTY ORDERS WITHOUT HEARING THE ASSESSEES. THEREFORE, IN THE INTEREST OF JUSTICE AND EQUITY, AS A LAST CH ANCE, WE ARE OF THE VIEW THAT THE ASSESSEES SHOULD BE GIVEN ONE MORE OPPORTUNITY OF HEARING IN THE ABOVE CASES. FOR THE LIMITED PURPOSE OF HEARING THE ASSESSEE AND TO COMPLY WITH THE PRINCIPLE OF NATURAL JUSTICE, WE RESTORE THE ABOVE CASES TO THE ASSESSING OFFICER. THE ASSESSEES SHALL CO - OPERATIVE WITH THE DEPARTMENT AND SHALL SUBMIT BEFORE THE ASSESSING OFFICER THAT THERE IS REASONABLE CAUSE AS MANDATED ITA NO. 31 3 / COCH /201 9 & ORS . M/S. THE PERINGODE SERVICE CO - OP BANK LTD & ORS. 10 U/S 273B FOR NON - LEVY OF PENALTY U/S 272A(2)(C) OF THE I.T.ACT. IT IS ORDERED ACCORDINGLY. 4 . IN THE R ESULT, THE APPEAL S FILED BY THE ASSESSEES ARE ALLOWED FOR STATISTICAL PURPOSES . ORDER PRONOUNCED ON THIS 18 TH DAY OF JUNE, 2019 . SD/ - SD/ - ( CHANDRA POOJARI ) ( GEORGE GEORGE K. ) ACCOUNTANT MEMBER JUDICIA L MEMBER COCHIN ; DATED : 18 TH JUNE, 2019 . DEVDAS* COPY OF THE ORDER FORWARDED TO : BY ORDER, (ASSTT. REGISTRAR) ITAT, COCHIN 1. THE APPELLANTS. 2. THE RESPONDENT. 3. THE CIT, KOCHI. 4. CIT(A) - I , KOCHI . 5. DR, ITAT, COCHIN 6. GUARD FILE.