KPSPL177 ARASANIMANGALAM PRIMARY AGRICULTURAL CO-OP CREDIT SOCIETY LIMITED,KANCHIPURAM V. ITO WARD 1, KANCHIPURAM

ITA 3413/CHNY/2024

AI Insights

The case involves KPSPL 177 Arasanimangalam Primary Agricultural Co-op. Credit Society Ltd., which appealed against the order of the CIT(A) for the Assessment Year 2018-19. The society, registered under the Tamil Nadu Co-operative Societies Act, had filed a return admitting nil income after claiming deductions under section 80P of the Income Tax Act. The A.O assessed the total income at Rs. 11,98,192, leading to an appeal. The CIT(A) dismissed the appeal ex-parte due to lack of supporting evidence. The Tribunal found that the previous hearings did not adequately provide the assessee an opportunity to present its case, thus remitting the matter back to the CIT(A).

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 107397 (ITAT-CHENNAI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-02-2025
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: 2018-2019
• Laws Referred To: Income Tax Act
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A. SASIKUMAR
• Keywords: Set aside; Principle of natural justice
• Section: 147; 80P

Judgement Text

"आयकर अपीलीय अिधकरण, ’डी’ \u0010ा यपीठ, चे\u0015ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘D’ BENCH: CHENNAI \u0018ी यस यस िव\u001bने\u001d रिव, \u0010ा ियक सद\u001f एवं \u0018ी जगदीश, लेखा सद\u001f क े सम' BEFORE SHRI SS VISWANETHRA RAVI, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.3413/Chny/2024 िनधा 8रण वष8 /Assessment Year: 2018-19 KPSPL 177 Arasanimangalam Primary Agricultural Co-op. Credit Society Ltd., No.3A, Melthuli Village, Athiyoor Melthulipost, Uthiramerur Taluk, Kanchipuram District – 603406. Vs. The Income Tax Officer, Ward-1, Kanchipurm. [PAN: AABAK 5069R] (अपीलाथ\u0007/Appellant) (\b\tयथ\u0007/Respondent) अपीला थF की ओर से/ Appellant by : None HIथF की ओर से /Respondent by : Shri A. Sasikumar, CIT सुनवा ई की ता रीख/Date of Hearing : 25.02.2025 घोषणा की ता रीख /Date of Pronouncement : 28.02.2025 आदेश / O R D E R PER JAGADISH, A.M : Aforesaid appeal filed by the assessee for Assessment Year (AY) 2018-19arises out of the order of Learned Commissioner of Income Tax, National Faceless Appeal Centre (NFAC), Delhi [hereinafter “CIT(A)”] dated 10.10.2024. ITA Nos.3413/Chny/2024 :- 2 -: 2. When the appeal was taken up for hearing, none appeared on behalf of the assessee. Accordingly, the hearing was proceeded with the able assistance of Ld. D.R, Shri A. Sasikumar, CIT. 3. The assessee is the primary agricultural co-operative society registered under Tamil Nadu Co-operative Societies Act. The assessee has filed its return of income on 25.04.2022 admitting Nil income after claiming deduction u/s. 80P of the Act. During the course of assessment proceedings, the A.O has passed order u/s. 147 r.w.s 147 of the Act by assessing total income of Rs.11,98,192/-. Aggrieved, the assessee filed an appeal before the Ld. CIT(A). The Ld CIT(A) dismissed the appeal ex-parte due to the absence of supporting evidence in support of its claim. 4. The Ld. Departmental Representative (DR), on the other hand, has relied on the orders of lower authorities. 5. We have heard the rival submissions, and perused the materials available on record. On perusal of the orders of A.O as well as Ld. CIT(A), we find that the orders have been passed ex-parte without giving proper opportunity to the assessee. We are of the opinion that keeping in view the principles of natural justice, the assessee be provided with another opportunity of hearing to substantiate its case ITA Nos.3413/Chny/2024 :- 3 -: before the Ld. CIT(A). Accordingly, we set aside the orders passed by the A.O and the Ld. CIT(A) and remit the matter back to the file of the Ld. CIT(A) to adjudicate this appeal afresh in accordance with law. We also direct the assessee to appear before the Ld. CIT(A) on the date of hearing without fail and furnish complete details for fresh consideration. In view of the above, the appeal filed by the assessee is allowed for statistical purposes. 6. In the result, the appeal filed by the assessee is allowed for statistical purposes. Order pronounced on 28th February, 2025. Sd/- Sd/- (यस यस िव\u001bने\u001d रिव) (SS Viswanethra Ravi) \u0001याियक \u0001याियक \u0001याियक \u0001याियक सद\bय सद\bय सद\bय सद\bय / Judicial Member (जगदीश) (Jagadish) लेखा लेखा लेखा लेखा सद\u0011य सद\u0011य सद\u0011य सद\u0011य /Accountant Member चे\u0013नई/Chennai, \u0016दनांक/Dated: 28th February, 2025. EDN/- आदेश क\u0019 \bितिल\u001cप अ\u001dे\u001cषत/Copy to: 1. अपीलाथ\u0007/Appellant 2. \b\tथ\u0007/Respondent 3. आयकर आयु\u000f/CIT, Chennai 4. िवभागीय \bितिनिध/DR 5. गाड\u0018 फाईल/GF "