Resolute Electronics Private Limited, Hyderabad, Hyderabad V. DCIT, Circle-3(1), Hyderabad, Hyderabad

ITA 680/HYD/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4039 (ITAT-HYDERABAD)
• Duration Of Justice: 4 year(s) 1 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-05-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB-A
• Next Hearing Date: 21-04-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 17-04-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R DIPAK
• Keywords: Depreciation

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER I.T.A. NO. 680/HYD/2017 ASSESSMENT YEAR: 2012-13 M/S.RESOLUTE ELECTRONICS PRIVATE LIMITED, HYDERABAD [PAN: AABCR5515K] VS DCIT, CIRCLE-3(1), HYDERABAD (APPELLANT) (RESPONDENT) FOR ASSESSEE : NONE FOR REVENUE : SHRI R.DIPAK, DR DATE OF HEARING : 21-04-2021 DATE OF PRONOUNCEMENT : 28-05-2021 O R D E R PER S.S.GODARA, J.M. : THIS ASSESSEES APPEAL FOR AY.2012-13 ARISES FROM TH E CIT(A)-3, HYDERABADS ORDER DATED 03-01-2017 PASSED IN CASE NO.0122/DCIT, CIR-3(1)/CIT(A)-3/15-16, IN PROCEEDIN GS U/S.143(3) OF THE INCOME TAX ACT, 1961 [IN SHORT, THE ACT]. HEARD LEARNED DEPARTMENTAL REPRESENTATIVE. CASE FILE PERUSED. 2. IT TRANSPIRES AT THE OUTSET THAT THE CIT(A)S LOWER APPELLATE ORDER AFFIRMING THE ASSESSING OFFICERS ACTI ON INTER ALIA ADDING UN-SECURED LOANS FOLLOWED SECTION 40(A)(IA), OTHER ITA NO. 680/HYD/2017 :- 2 -: EXPENSES AND DEPRECIATIONS DISALLOWANCE INVOLVING V ARYING SUMS OF MONEY; RESPECTIVELY HAS BEEN PASSED EX-PARTE . 3. LEARNED DEPARTMENTAL REPRESENTATIVE INVITED OUR ATTENTION TO PARA 4, PG.3 OF THE CIT(A)S ORDER THAT HE H AD AFFORDED NUMEROUS OPPORTUNITIES TO THE ASSESSEE. WE F IND THAT THERE IS NO INDICATION IN THE SAID DISCUSSION AS TO WHE THER THE CORRESPONDING LOWER APPELLATE HEARING NOTICES HAD BE EN ACTUALLY SERVED ON THE ASSESSEE OR NOT? FACED WITH THIS SITUATION, WE DEEM IT APPROPRIATE TO RESTORE THE INSTANT LI S BACK TO THE CIT(A) FOR HIS AFRESH ADJUDICATION ON MERITS WI THIN THREE EFFECTIVE OPPORTUNITIES OF HEARING. 4. THIS ASSESSEES APPEAL IS TREATED AS ALLOWED FOR S TATISTICAL PURPOSES IN ABOVE TERMS. ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH MAY, 2021 SD/- SD/- (LAXMI PRASAD SAHU) (S.S.G ODARA) ACCOUNTANT MEMBER JUDICIAL MEM BER HYDERABAD, DATED: 28-05-2021 TNMM ITA NO. 680/HYD/2017 :- 3 -: COPY TO : 1.M/S.RESOLUTE ELECTRONICS PRIVATE LIMITED, C/O.K.V ASANT KUMAR, A.V.RAGHU RAM & P.VINOD, ADVOCATES, 610, BABUKHAN ESTATE, BASHEERBAGH, HYDERABAD. 2.THE DCIT, CIRCLE-3(1), HYDERABAD. 3.CIT(APPEALS)-3, HYDERABAD. 4.PR.CIT-3, HYDERABAD. 5.D.R. ITAT, HYDERABAD. 6.GUARD FILE.