Delhi Traders, Bhopal V. The ITO 2(4), Bhopal

ITA 373/Ind/2022

• Counselvise Citation: [2024] 101 COUNSELVISE.COM (IT) 8711 (ITAT-INDORE)
• Duration Of Justice: 1 year(s) 3 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-02-2024
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Next Hearing Date: 11-02-2024
• Assessment Year: 2013-2014
• Appeal Filed On: 24-10-2022
• Result in Favour of: Matter Remanded
• Court: TRIBUNAL
• Department Lawyers: REVENUE DID NOT HAVE ANY
• Section: 68; 143(3)

Judgement Text

Page 1 of 11 आयकर अपीलीय अिधकरण, इंदौर Ɋायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE SHRI VIJAY PAL RAO, JUDICIAL MEMBER AND SHRI B.M. BIYANI, ACCOUNTANT MEMBER ITA No.373/Ind/2022 Assessment Year : 2013-14 Delhi Traders, G-2/119-A, Milestone, 100 Complex, Trilanga, Gulmohur Colony, Bhopal बनाम/ Vs. Income-tax Officer, 2(4), Bhopal (Appellant/Assessee) (Respondent/Revenue) PAN: AAHFD 1362 P Assessee by Shri Sumit Nema, Sr. Adv., Shri Gagan Tiwari and Shri Arun Dwivedi, ARs Revenue by Shri Ashish Porwal, Sr. DR Date of Hearing 14.02.2024 Date of Pronouncement 15.02.2024 आदेश / O R D E R Per B.M. Biyani, A.M.: Feeling aggrieved by appeal-order dated 02.09.2022 passed by learned Commissioner of Income-Tax (Appeals), NFAC, Delhi [“CIT(A)”], which in turn arises out of assessment-order dated 21.03.2016 passed by learned ITO, 2(4), Bhopal [“AO”] u/s 143(3) of Income-tax Act, 1961 [“the Act”] for Assessment-Year [“AY”] 2013-14, the assessee has filed this appeal. 2. Ld. Senior Advocate, Shri Sumit Neema, representing the assessee/ appellant straightaway submitted that the AO has made additions u/s 68 in Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 2 of 11 respect of unexplained unsecured loans/sundry creditors which the assessee contested in first appeal but did not get any relief. He further submitted that the impugned additions have been made by AO/upheld by first-appellate authority for the reason that the assessee was not able to file documents of/from concerned lenders/creditors. However, the assessee has subsequently received documents from concerned parties and the same are being submitted in the form of a separate paper-book. He submitted that the assessee has moved an application under Rule 29 of Income-tax (Appellate Tribunal) Rules, 1963 for admission of these documents as additional evidences. A copy of the application filed by the assessee, which also contains the details of additional evidences, is scanned and reproduced below :- Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 3 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 4 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 5 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 6 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 7 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 8 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 9 of 11 Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 10 of 11 3. Ld. AR submitted that these evidences are very crucial for adjudication of assessee’s grievances and required to be examined by AO. Therefore, it would be an appropriate action at this stage to remand this matter back to the concerned AO for adjudication afresh after taking into account these evidences and also any evidence as may be produced by assessee during hearing by AO. Ld. DR for revenue did not have any objection to the proposal of Ld. AR but, however, requests the Bench to direct the assessee to ensure proper participation before AO. 5. In view of the consensus by both sides and having regard to the principal of fair play and to impart justice, we are inclined to remand this case back to the file of AO for adjudication afresh. The AO shall consider the additional evidences filed by the assessee as aforesaid and also any other evidence as the assessee may produce before him at the time of hearing. The assessee is also directed to ensure adequate participation in the hearing fixed by the AO and do not seek unnecessary adjournments. Accordingly, this matter is remanded to the file of AO. 6. Resultantly, the appeal is allowed for statistical purposes. Order pronounced in open court on 15.02.2024 Sd/- sd/- (VIJAY PAL RAO) (B.M. BIYANI) JUDICIAL MEMBER ACCOUNTANT MEMBER Indore िदनांक /Dated : 15.02.2024 CPU/Sr. PS Copies to: (1) The appellant (2) The respondent (3) CIT (4) CIT(A) (5) Departmental Representative (6) Guard File Delhi Traders, Bhopal vs. ITO, 2(4), Bhopal ITA No. 373/Ind/2022 – AY 2013-14 Page 11 of 11 By order Assistant Registrar, Income Tax Appellate Tribunal, Indore Bench, Indore