Yati Tradelink Pvt. Ltd., , Howrah V. ITO, Ward - 13(4), Kolkata , Kolkata

MA 57/KOL/2019

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 2932 (ITAT-KOLKATA)
• Duration Of Justice: 5 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 30-08-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: D
• Assessment Year: 2012-2013
• Appeal Filed On: 11-03-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: APPLICANT SHRI MIRAJ D SHAH SH
• Keywords: Unexplained cash credit

Judgement Text

, D , IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH D KOLKATA BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND DR. A.L. SAINI, ACCOUNTANT MEMBER (MISC. APPLICATION) M.ANO.57/KOL/2019 (ARISING OUT ITA NO.522/KOL/2018) / ASSESSMENT YEAR:2012-13 YATI TRADELINK PVT. LTD., 3/2 BANSTOLLAGHAT ROAD, RAMKRISHNAPUR, HOWRAH- 711101 [ PAN NO.AAACY 4269 L ] / V/S . INCOME TAX OFFICE WARD-13(4), AAYAKAR BHAWAN, POORVA, 110, SHANTIPALLY, 9 TH FLOOR, R.NO.906, E.M. BYEPASS, KOLKATA-107 (ORIGINAL APPELLANT) (ORIGINAL R ESPONDENT) (APPLICANT) .. (RESPONDENT) / BY APPLICANT SHRI, MIRAJ D SHAH, ADVOCATE !' / BY RESPONDENT SHRI ROBIN CHOUDHURY, ADDL. CIT-SR-DR / DATE OF HEARING 21 -06-2019 / DATE OF PRONOUNCEMENT 30-08-2019 / ORDER PER S.S.GODARA, JUDICIAL MEMBER:- THIS ASSESSEES MISCELLANEOUS APPLICATION FILED U/S . 254(2) OF THE INCOME TAX ACT, 1961, IN SHORT THE ACT SEEKS TO R E-CALL TRIBUNALS ORDER DATED 28.12.2018 PASSED EX PARTE CONFIRMING BOTH THE LOWE R AUTHORITIES ACTION ADDING UNEXPLAINED CASH CREDITS OF 195,91,000/- U/S 68 OF THE ACT. HEARD BOTH THE PARTIES. CASE FILE PERUSED. MA NO57/KOL/2019 YATI TRADELINK. PVT. LTD. VS. ITO, WD-13(4),KOL. PA GE 2 2. LEARNED COUNSEL INVITES OUR ATTENTION TO THE AS SESSEE PLEADINGS IN THE INSTANT APPLICATION THAT THERE WAS A COMMUNICATION GAP ON ACCOUNT OF NO NOTICE RECEIVED FROM THE TRIBUNAL. LEARNED DEPARTME NTAL REPRESENTATIVE IS FAIR ENOUGH IN NOT DISPUTING ALL THESE AVERMENTS. WE THE REFORE RE-CALL OUR ORDER DATED 28.12.2018 AND ADMIT THE APPEAL FOR FRESH HEA RING. REGISTRY IS DIRECTED TO FIX THE APPEAL IN DUE COURSE UNDER INTIMATION TO BOTH THE PARTIES. 3. THIS ASSESSEES MISCELLANEOUS APPLICATION IS AL LOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 30/08/2019 SD/- SD/- ( () ( () (DR. A.L. SAINI) (S.S. GODARA) (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) KOLKATA, *DKP *- 30/08 /201 9 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-YATI TRADELINK PVT.LTD. 3/2, BANSTOLLAGHAT ROAD, RAMKRISHNAPUR, HOWRAH-711101 2. !' /RESPONDENT-ITO WARD-13(4), AAYAKARBHAVAN POORVA,110, SHANTIPALLY, 9 TH FL, R.NO.906 KOLKATA-107 3. 5 6 / CONCERNED CIT 4. 6- / CIT (A) 5. !5, 5, KOLKATA / DR, ITAT, KOLKATA 6. / GUARD FILE. BY ORDER/ , /TRUE COPY/ 5,