The Gujarat Institute of Housing & Estate Developers, Ahmedabad V. The ITO, (Exemptions), Ward-2, Ahmedabad

ITA 434/AHD/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 5573 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-03-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: D
• Assessment Year: 2013-2014
• Appeal Filed On: 13-03-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

, ‘D’ । IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, AHMEDABAD (Convened through Virtual Court) BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMEBR & SHRI WASEEM AHMED, ACCOUNTANT MEMEBR आयकर अपील सं./I.T.A. No. 434/Ahd/2019 ( Assess ment Ye ar : 2013-14) Th e Gu ja rat I ns ti t ute o f Ho us in g & Es ta te De vel op er s GI HE D Bh aw an , GI HE D Lan e, N ea r Ma ple Co un t y, Pa kw an Si nd hu B ha wa n Ro ad, S hi la j, A h me dab ad - 38 00 59 / V s . Th e In co me- tax Of fic er W ar d- 2, E xe mp ti on , Ah me da bad यी ल सं./ ीआ आर सं./P A N / G IR N o . : A A C C T 8 1 0 4 H (अपील Appellant) . . ( य / Respondent) अपील र स /Appellant by : Sh ri S. N . So pa rk ar , S r. Ad vo cat e य क र स / Respondent by : Shri Purushottam Kumar, Sr.D.R. स क र D a t e o f H e a r i n g 30/03/2022 !"# क र /D a t e o f P r o n o u n c e m e n t 31/03/2022 ORDER PER MAHAVIR PRASAD, JM: The captioned appeal has been filed at the instance of the assessee against the order of the C o mmissioner of Inco me Tax (Appeals)-9, Ah medabad (‘C IT( A) ’ in short) vide Appeal No. CIT( A)9/10556/ITO(E) Wd-2/16-17, dated 17.01.2019 arising in ITA No. 434/Ahd/2019 (The Gujarat Institute of Housing & Estate Developers vs. ITO(E) ) AY 2013-14 - 2 - the assessment order dated 29.02.2016 passed by the Assessing Officer (AO) under s. 143(3) of the Inco me Tax Act , 1961 (the Act) concerning AY. 2013-14. 2. The grounds of appeal raised b y ass essee read as under: “ 1 . T h e H o n o u r a b l e C I T ( A ) h a s e r r e d i n l a w a n d i n fa c t s i n s u m m a r i l y r e j e c t i n g a l l t h e g r o u n d s r a i s e d i n a p p e al . 2 . T h e L e a r n e d A s s e s s i n g O f f i c e r a n d H o n o u r a b l e C IT ( A ) h a s e r r e d i n l a w a n d o n f a c t s i n r e j e c t i n g t h e c l a i m o f a s s e ss e e v i z ; t h e a s s e s s e e i s c o v e r e d b y p r i n c i p l e o f M u t u a l i t y a n d in c o m e b e c o m p u t e d a c c o r d i n g l y a n d H o n o u r a b l e C I T ( A ) h a s e r r ed i n r e j e c t i n g t h e s a i d c l a i m o f t h e a s s e s s e e . 3 . T h e L e a r n e d A s s e s s i n g O f f i c e r h a s e r r e d i n l a w a n d o n f a c t s i n r e j e c t i n g t h e c l a i m o f a s s e s s e e r e g a r d i n g t h e a p p l ic a b i l i t y o f p r i n c i p l e o f M u t u a l i t y , w h e n t h e a s s e s s e e h a s s a m e s o u r c e o f i n c o m e a s i t s p r e d e c e s s o r ( N T C ) w h i c h h a d b e e n s u b mi t t i n g i t s r e t u r n s o f i n c o m e o n p r i n c i p l e o f M u t u a l i t y a n d I n co m e - t a x D e p a r t m e n t h a v i n g n o t d i s p u t e d o r r e j e c t e d s u c h c l ai m i n p a s t i n t h e c a s e o f s a i d N T C a n d H o n o u r a b l e C I T ( A ) h a s e r r ed i n r e j e c t i n g t h e s a i d c l a i m o f t h e a s s e s s e e . 4 . T h e L e a r n e d A s s e s s i n g O f f i c e r h a s e r r e d i n l a w a n d o n f a c t s i n i n i t i a t i n g p e n a l t y u / s . 2 7 1 ( 1 ) ( c ) o f T h e I . T . A c t , 19 6 1 . ” 3. At the outset, Mr. S . N. Sopa rkar, Senior Ad vocate contended that learned CIT(A) has passed an ex parte order and he has not considered the sub missions filed by the assessee and now sa me has been filed before the Tribunal as well containing pages 1 to 54. On the other hand, learned CIT(A) has mentioned in his order that several opportunities were granted to the assessee but no submissions were filed by the assessee for the reason best known to it. Therefore, under such circu mstances, he did not have any option but to rel y on the order of the learned AO and subsequently he confir med the order of learned AO. ITA No. 434/Ahd/2019 (The Gujarat Institute of Housing & Estate Developers vs. ITO(E) ) AY 2013-14 - 3 - 4. We have heard both the parties and perused the mate rials available on record. It is a matter of fact that learned CIT(A) has not passed order on me rit of the case. Therefore, in the interest of justice, we would like to give one more o pportunity to assessee and since it is a second chance to the assessee, therefore, it shall not seek adjournment in the matter . Thus, we set aside the mat ter to the file of learned CIT( A) to pass an order after considering the paper book and other sub missions filed by the assessee and shall pass an order within six months fro m the date of r eceipt of this order as per provisions of law. 5. In the result, appeal filed b y the Assessee is allowed for statistical purposes. Sd/- Sd/- ( WASEEM AHMED) (MAHAVIR PRASAD) ACC OUNTANT MEMB ER JUDICIAL MEMBER Ahmedabad: Dated 31/03/2022 True Copy S.K.SINHA ेश ! " #े" / Copy of Order Forwarded to:- $. र / Revenue 2. आ दक / Assessee '. सं(ं)* आयकर आय + / Concerned CIT 4. आयकर आय + - अपील / CIT (A) .. / 0 1ीय 2 2 )*3 आयकर अपील य अ)*कर#3 अ45द ( द / DR, ITAT, Ahmedabad 6. 1 78 9 ल / Guard file. By order/आद श स 3 उप/स4 यक पं ीक र आयकर अपील य अ)*कर#3 अ45द ( द । This Order pronounced in Open Court on 31/03/2022