MORANI MOTORAS PRIVATE LIMITED, JAIPUR V. ASSISTANT COMMISSIONER OF INCOME TAX, JAIPUR

MA 53/JPR/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7741 (ITAT-JAIPUR)
• Duration Of Justice: 4 month(s) 4 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 20-07-2020
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 16-03-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: SUHANI MEHARVAL

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHE S B JAIPUR JH FOT; IKY JKO] U;KF;D LNL; ,OA JH FOE FLAG ;KNO] YS[KK LNL; DS LE{K BEFORE: SHRI VIJAY PAL RAO, JM & SHRI VIKRAM SINGH YADAV, AM M.A. NO. 53/JP/2020 (ARISING OUT OF ITA NO. 434/JP/2018) FU/KZKJ.K O'K Z@ ASSESSMENT YEARS : 2011-12 MORANI MOTORS PRIVATE LIMITED 14, BAJAJ NAGAR ENCLAVE, BAJAJ NAGAR, JAIPUR CUKE VS. ACIT, CIRCLE-06, JAIPUR LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN/GIR NO.: AADCM5046N VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT FU/KZKFJRH DH VKSJ L S@ ASSESSEE BY : MS. SUHANI MEHARVAL (CA) JKTLO DH VKSJ LS @ REVENUE BY : SMT. RUNI PAL (DCIT) LQUOKBZ DH RKJH[ K@ DATE OF HEARING : 17/07/2020 MN?KKS'K.KK DH RKJH[ K@ DATE OF PRONOUNCEMENT: 20/07/2020 VKNS'K@ ORDER PER: VIKRAM SINGH YADAV, A.M. THE PRESENT MISCELLANEOUS APPLICATION HAS BEEN FILE D BY THE ASSESSEE ARISING OUT OF ITA NO. 434/JP/2018 DATED 2 8/02/2020 WHEREIN IT HAS BEEN STATED THAT GROUND NO. 8 TAKEN BY THE A SSESSEE IN THE ORIGINAL APPEAL HAS NOT BEEN ADJUDICATED UPON BY TH E TRIBUNAL WHILE PASSING THE ORDER DATED 28.02.2020. 2. AFTER HEARING BOTH THE PARTIES AND PURSUING THE ORDER PASSED BY THE CO-ORDINATE BENCH DATED 28.02.2020, WE FIND THA T THE FOLLOWING GROUND NO. 8 WHICH READS AS UNDER:- M.A. NO. 53/JP/2020 SH. MORANI MOTORS PRIVATE LIMITED, JAIPUR VS. A CIT, CIRCLE-06, JAIPUR 2 8. ON THE FACTS AND IN THE CIRCUMSTANCES OF THE CA SE LD. ACIT ERRED AND LD. CIT(A) SUSTAINED, IN ADDING RS. 18,25,000/- U/S 68 OUT OF SHARE APPLICATION MONEY WITHOUT CONSIDERING EVIDENCES, WH ICH IS UNJUSTIFIED AND LIABLE TO BE QUASHED. HAS NOT BEEN ADJUDICATED UPON WHILE PASSING THE ORD ER DATED 28.02.2020. THEREFORE, THE ORDER DATED 28.02.2020 IS RECALLED FOR THE LIMITED PURPOSES OF ADJUDICATION OF GROUND NO. 8. T HE REGISTRY IS DIRECTED TO FIX THE MATTER TO HEAR THE ARGUMENTS ON MERITS IN DUE COURSE. IN THE RESULT, MISC. APPLICATION SO FILED BY THE AS SESSEE IS DISPOSED OFF ACCORDINGLY. ORDER PRONOUNCED IN THE OPEN COURT ON 20/07/2020. SD/- SD/- FOT; IKY JKO FOE FLAG ;KNO (VIJAY PAL RAO) (VIKRAM SINGH YADAV) U;KF;D LNL;@ JUDICIAL MEMBER YS[KK LNL;@ ACCOUNTANT MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 20/07/2020. * GANESH KR. VKNS'K DH IZFRFYFI VXZSFKR@ COPY OF THE ORDER FORWARDED TO: 1. VIHYKFKHZ@ THE APPELLANT- MORANI MOTORS PRIVATE LIMITED, JAIPU R 2. IZR;FKHZ@ THE RESPONDENT- ACIT, CIRCLE-06, JAIPUR 3. VK;DJ VK;QDR@ CIT 4. VK;DJ VK;QDR@ CIT(A) 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR. M.A. NO. 53/JP/2020 SH. MORANI MOTORS PRIVATE LIMITED, JAIPUR VS. A CIT, CIRCLE-06, JAIPUR 3 6. XKMZ QKBZY@ GUARD FILE {M.A NO. 53/JP/2020} VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASST. REGISTRAR