Botree software International P. Ltd, Chennai V. DCIT Corp circle 1(1), Chennai

ITA 444/CHNY/2024

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 1620 (ITAT-CHENNAI)
• Duration Of Justice: 3 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-06-2024
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Next Hearing Date: 12-06-2024
• Assessment Year: 2010-2011
• Appeal Filed On: 19-02-2024
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R. MUKUNDAN LD.
• Keywords: Depreciation
• Section: 143(3)

Judgement Text

आयकर अपीलीय अिधकरण ‘ए’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI माननीय +ी मनोज कु मार अ/वाल ,लेखा सद4 एवं माननीय +ी मनु कु मार िग7र, ाियक सद4 के सम8। BEFORE HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM AND HON’BLE SHRI MANU KUMAR GIRI, JM आयकरअपील सं./ ITA No.444/Chny/2024 (िनधा9रणवष9 / As sessment Year: 2010-11) & आयकरअपील सं./ ITA No.445/Chny/2024 (िनधा9रणवष9 / As sessment Year: 2013-14) M/s.Botree Software International P. Ltd. Flat No.107/108, WSS Towers, Harris Road, Pudupet, Chennai-600 002. बनाम / V s. DCIT Corporate Circle-1(1) Chennai. थायीलेखासं./जीआइआरसं./PAN/GIR No. AADCB-7203-Q (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ कीओरसे/ Appellant by : Shri G. Baskar (Advocate) -Ld.AR थ कीओरसे/Respondent by : Shri R. Mukundan (JCIT)-Ld. Sr. DR सुनवाई की तारीख/Date of Hearing : 13-06-2024 घोषणा की तारीख /Date of Pronouncement : 18-06-2024 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeals by assessee for Assessment Years (AY) 2010- 11 & 2013-14 arises out of separate orders of learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A)] both dated 19-01-2024 in the matter of separate assessments 2 framed by Ld. Assessing Officer [AO] u/s. 143(3) r.w.s 147 / 143(3) of the Act on 09-12-2015 / 28-01-2016 respectively. 2. The Ld. AR, at the outset, submitted that the appellate orders have been passed without considering the remand reports as called during first appellate proceedings. The Ld. Sr. DR opposed interference in the impugned orders. Having heard rival submissions and after going through the case records, our adjudication would be as under. 3. In the assessment order for AY 2010-11, Ld. AO disallowed excess depreciation of Rs.100 Lacs as claimed by the assessee. Similar disallowance of depreciation was made in AY 2013-14. In AY 2013-14, Ld. AO also disallowed interest expenditure of Rs.8.54 Lacs. 4. During appellate proceedings, for both the years, the assessee assailed impugned disallowances which was subjected to remand proceedings vide letter dated 02-11-2016. However, no such report was received till the time of passing of impugned order. Accordingly, Ld. CIT(A) confirmed the disallowances. Aggrieved, the assessee is in further appeal before us. 5. Considering the submissions of Ld. AR that the remand proceedings would have material bearing on the claim of the assessee, we deem it fit to restore both the appeals back to the file of Ld. CIT(A) for re-adjudication in the light of findings rendered by Ld. AO. The assessee would be granted reasonable opportunity of hearing. The remand reports of Ld. AO, if any, shall be considered by first appellate authority. 3 6. Both the appeals stand allowed for statistical purposes. Order pronounced on 18 th June, 2024 Sd/- (MANU KUMAR GIRI) ाियक सद4 / JUDICIAL MEMBER Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद4 / ACCOUNTANT MEMBER चे5ई Chennai; िदनांक Dated : 18-06-2024 DS आदेशकीNितिलिपअ/ेिषत/Copy of the Order forwarded to : 1. अपीलाथ /Appellant 2. थ /Respondent 3. आयकरआयु>/CIT,Chennai . 4. िवभागीय ितिनिध/DR 5. गाडCफाईल/GF