M/s.The Nilambur Co-op Urban Bank Ltd, Malappuram V. The ACIT, Tirur

MA 53/COCH/2018

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 4691 (ITAT-COCHIN)
• Duration Of Justice: 1 month(s) 1 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 26-10-2018
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 24-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A S BINDHU
• Assessee Lawyers: PARVATHY
• Keywords: Reasonable cause

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE SHRI CHANDRA POOJAR I, AM & SHRI GEORGE GEORGE K, JM MA NO S . 51 /COCH/201 8 : ASST.YEAR 2009 - 2010 (ARISING OUT OF ITA NO. 294 /COCH/2017) MA NO S . 52 /COCH/201 8 : ASST.YEAR 2010 - 2011 (ARISING OUT OF ITA NO.295/COCH/2017) MA NO S . 5 3 /COCH/201 8 : ASST.YEAR 2011 - 2012 (ARISING OUT OF ITA NO.29 6 /COCH/2017) M/S. THE NILAMBUR CO - OPERATIVE URBAN BANK LTD. HEAD OFFICE P.B. NO.10 P.O.NILAMBUR - 679 329 DIST : MALAPURAM PAN : AAATT2863N . VS. THE ASS T.COMMISSIONER OF INCOME - TAX, CIRCLE 2(2) TIRUR. ( APPLICANT ) (RESPONDENT) APPLICANT BY : SMT.PARVATHY RESPONDENT BY : SMT.A.S.BINDHU , SR.DR DATE OF HEARING : 26 . 1 0.2018 DATE OF PRONOUNCEMENT : 26 . 1 0.2018 O R D E R PER GEORGE GEORGE K, JM TH E S E MISCELLANEOUS APPLICATION S U/S.254(2) OF THE INCOME - TAX ACT, 1961 HAVE BEEN PREFERRED BY THE ASSESSEE PRAYING FOR THE RECALLING OF THE COMMON EX PARTE ORDER S OF THE TRIBUNAL DATED 12.06. 2018, PASSED IN ITA NO S . 294, 295 & 296 / COCH / 2017 FOR THE ASSESSMENT YEAR S 2009 - 2010, 2010 - 2011 AND 2011 - 2012, RESPECTIVELY . 2. THE ASSESSEE VIDE THE PRESENT MISCELLANEOUS APPLICATION S SUBMITTED THAT THE TRIBUNAL HAS DISMISSED THE APPEAL S OF THE ASSESSEE IN LIMINE FOR WANT OF PROSECUTION. THE M A NO S . 51, 52 & 53 / COCH /201 8 THE NILAMBUR CO - OP URBAN BANK LIMITED. 2 LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE WAS PREVENTED BY REASONABLE CAUSE FOR APPEARANCE BEFORE THE TRIBUNAL ON THE DATE OF HEARING. 3. WE HAVE HEARD THE RIVAL SUBMISSIONS AND ARE SATISFIED WITH THE REASONS FOR THE ABSENCE OF THE ASSESSEE AT THE TIME WHEN THE APPEAL S WERE TAKEN UP FOR HEARING BY THE TRIBUNAL. WE, THEREFORE, RECALL THE IMPUGNED ORDER AND DIRECT THE REGISTRY TO FIX THE APPEAL S FOR HEARING ON 12 TH NOVEMBER , 2018. SINCE THE DATE OF HEARING WAS ANNOUNCED IN THE OPEN COURT, NO NOTICE OF HEAR ING IS REQUIRED TO BE SENT TO BOTH THE PARTIES. 4. IN THE RESULT, THE MISCELLANEOUS APPLICATION S ARE ALLOWED. ORDER PRONOUNCED ON THIS 26 TH DAY OF OCTOBER , 2018 . SD/ - SD/ - (CHANDRA POOJARI) ( GEORGE GEORGE K. ) ACCOUNTANT MEMBER JUDICIAL MEMBER C OCHIN ; DATED : 26 TH OCTOBER , 2018 . DEVDAS* COPY OF THE ORDER FORWARDED TO : BY ORDER (ASSTT. REGISTRAR) ITAT, COCHIN 1. THE APPELLANT 2. THE RESPONDENT. 3. THE PR.CIT, CALICUT . 4. THE CIT (A) - III , KOCHI . 5. DR, ITAT, COCHIN 6. GUARD FILE.