DCIT, Circle- 1(1), Cuttack V. Ajay Prakash Mundhra, Barbil

ITA 463/CTK/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1540 (ITAT-CUTTACK)
• Duration Of Justice: 11 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-12-2020
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 30-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M K GAUTAM
• Assessee Lawyers: S K SARANGI
• Keywords: Audit objection

Judgement Text

P A G E 1 | 3 IN THE INCOME TAX APPELLATE TRIBUNAL, CUTTACK BENCH, CUTTACK BEFORE SHRI CHANDRA MOHAN GARG , JUDICIAL MEMBER AND LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO . 463 /CTK/201 9 ASSESSMENT YEAR : 2011 - 12 DCIT, CIRCLE 1(1), CUTTACK VS. SRI AJAY PRAKASH MUNDHRA, AT: MUNDHRA INDUSTRIAL CORPORATION, KALINGA HIGHWAY, BARBIL, KEONJHAR PAN/GIR NO. (APPELLANT ) .. ( RESPONDENT ) ASSESSEE BY : SHRI S.K.SARANGI , AR REVENUE BY : SHRI M.K.GAUTAM, CIT , DR DATE OF HEARING : 19 / 1 1 / 20 20 DATE OF PRONOUNCEMENT : / 1 1 /20 20 O R D E R PER C.M.GARG,JM THIS IS AN APPEAL FILED BY THE REVENUE AGAINST THE ORDER OF THE CIT(A), CUTTACK DATED 30.9.2019 FOR THE ASSESSMENT YEAR 2011 - 12 . 2. THE ONLY GRIEVANCE OF THE REVENUE IN THIS APPEAL IS THAT THE LD CIT(A) ERRED IN IN QUASHING THE REOP ENING OF ASSESSMENT U/S.147 OF THE ACT DESPITE THE FACT THAT THE REOPENING WAS DONE DUE TO AUDIT OBJECTION. 3. ITA NO . 463 /CTK/201 9 ASSESSMENT YEAR : 2011 - 12 P A G E 2 | 3 ORDER PRONOUNCED ON /1 1 /20 20 . (LAXMI PRASAD SAHU) ( CHANDRA MOHAN GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER CUTTACK; DATED / 1 1 /20 20 B.K.PARIDA, SPS COPY OF THE ORDER FORWARDED TO : BY ORDER SR . PVT. S ECRETARY ITAT, CUTTACK DATE INITIAL 1. DRAFT DICTATED ON SR.PS 2. DRAFT PLACED BEFORE AUTHOR SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS/ PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. FILE SENT TO THE BENCH CLERK SR.PS 8. DATE ON WHICH FILE GOES TO 1. THE APPELLANT : DCIT, CIRCLE 1(1), CUTTACK 2. THE RESPONDENT. SRI AJAY PRAKASH MUNDHRA, AT: MUNDHRA INDUSTRIAL CORPORATION, KALINGA HIGHWAY, BARBIL, KEONJHAR 3. THE CIT(A) - , CUTTACK 4. PR.CIT - , CUTTACK 5. DR, ITAT, CUTTACK 6. GUARD FILE. //TRUE COPY// ITA NO . 463 /CTK/201 9 ASSESSMENT YEAR : 2011 - 12 P A G E 3 | 3 THE OS 9. DATE ON WHICH FILE GOES TO THE SPS 10. DATE OF DISPATCH OF ORDER.