M/s. Daetwyler Graphics India. Pvt. Ltd, Pune V. Deputy Commissioner of Income-Tax, Circle 1(2), Pune

ITA 560/PUN/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 1496 (ITAT-PUNE)
• Duration Of Justice: 1 year(s) 10 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-08-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 15-10-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

आयकर अपीऱीय अधिकरण “ए” न्यायपीठ पुणे में । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI S.S.GODARA, JM AND SHRI DR. DIPAK P. RIPOTE, AM आयकर अपीऱ सं. / ITA No.560/PUN/2020 ननधधारण वषा / Assessment Year : 2014-15 M/s. Daetwyler Graphics India P.Ltd., Gat No. 262, Lawale Road, Pirangut, Pune – 411 042 PAN : AAECD2811M .......अपऩलधथी / Appellant बनधम / V/s. DCIT, Circle 1(2) Pune ......प्रत्यथी / Respondent Assessee by : Shri C.V.Deshpande Revenue by : Shri Arvind Desai सपनवधई की तधरऩख / Date of Hearing : 23.06.2022 घोषणध की तधरऩख / Date of Pronouncement : 29.08.2022 आदेश / ORDER PER S. S. GODARA, JM : 1. This assessee’s appeal for A.Y. 2014-15 is directed against the CIT(A)-1, Pune’s order dated 18/08/2020 passed in case No. PN/CIT(A)1/DCIT Cir 1(2)/PN/873/2016-17 involving proceeding u/s. 143(3) of the Income Tax Act, 1961; in short "the Act”. Heard both the parties. Case file perused. 2 ITA No.560/PUN/2020 A.Y. : 2014-15 M/s. Daetwyler Graphics India P.Ltd., 2. It emerges at the outset that the assessee’s sole substantive grievance raised in the instant appeal challenges correctness of both the lower authorities action alleging it not to have declared receipts of Rs.10,56,710/- in the return of income filed in the impugned assessment year. Learned counsel states very fairly at the outset in light of assessee’s additional ground of appeal that it had already included the forgoing sum as a part of turnover in the regular books of accounts and therefore, it amounts to double addition only. 3. The Revenue on the other hand submits that the instant sole issue of double addition can be better examined and verified by the Assessing Officer only. 4. We have given our thoughtful consideration to the forgoing rival stands and are of the view that the assessee’s instant appeal more requires the Assessing Officer’s afresh factual reconciliation and verification than our substantive adjudication regarding this issue of double addition amounting to Rs.10,56,710/- raised at the taxpayer’s behest. We therefore restore the same back to the Assessing Officer for his appropriate adjudication and direct him to verify the forgoing double addition in consequential proceeding as per law within three effective opportunities of hearing. Ordered accordingly. 3 ITA No.560/PUN/2020 A.Y. : 2014-15 M/s. Daetwyler Graphics India P.Ltd., 5. This assessee’s appeal is allowed for statistical purposes in above terms. Order pronounced in the Open Court on this 29 th day of August, 2022. Sd/- Sd/- (DR.DIPAK P.RIPOTE) (S.S. GODARA) लेखध सदस्य/ ACCOUNTANT MEMBER न्यधनयक सदस्य/JUDICIAL MEMBER पपणे / Pune; ददनधांक / Dated : 29 th August, 2022. Ashwini आदेश की प्रनतनलनप अग्रेनषत / Copy of the Order forwarded to : 1. अपऩलधथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The CIT(A)-1, Pune. 4. The Pr.CIT-1, Pune. 5. नवभधगऩय प्रनतनननध, आयकर अपऩलऩय अनधकरण, “ए” बेंच, पपणे / DR, ITAT, “A” Bench, Pune. 6. गधर्ा फ़धइल / Guard File. आदेशधनपसधर / BY ORDER, // True Copy // Senior Private Secretary आयकर अपऩलऩय अनधकरण, पपणे / ITAT, Pune. 4 ITA No.560/PUN/2020 A.Y. : 2014-15 M/s. Daetwyler Graphics India P.Ltd., S.No. Details Date Initials 1 Draft dictated on 23.06.2022 2 Draft placed before author 29.08.2022 3 Draft proposed & placed before the Second Member 4 Draft discussed/approved by Second Member 5 Approved Draft comes to the Sr. PS/PS 6 Kept for pronouncement on 7 Date of uploading of Order 8 File sent to Bench Clerk 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R. 11 Date of Dispatch of order