HORIZONTAL VENTURES PRIVATE LIMITED,MUMBAI vs. DCIT, CIRCLE 5(1)(2), MUMBAI, MUMBAI
IN THE INCOME TAX APPELLATE TRIBUNAL, ‘E’ BENCH
MUMBAI
BEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER
&
SHRI ARUN KHODPIA, ACCOUNTANT MEMBER
&
Horizontal
Ventures
Private Limited
DB House, Yashodham
Gen A.K. Vaidya Marg
Goregaon East
Mumbai – 400 063
Vs. DCIT,
Circle
5(1)(2),
Mumbai
PAN/GIR No.AABCE8158R
(Appellant)
..
(Respondent)
Assessee by Ms. Simran Dhawan
Revenue by Shri Ritesh Misra, CIT DR
Date of Hearing
11/08/2025
Date of Pronouncement
29/08/2025
आदेश / O R D E R
PER AMIT SHUKLA (J.M):
The aforesaid appeals have been filed by the assessee against order dated 13/06/2024 passed by ld. CIT(A)-50,
Mumbai for the quantum of assessment passed u/s.143(3) for the A.Y.2017-18, 2013-14 & 2016-17. ITA No.3963/Mum/2025 and others
Horizontal Ventures Pvt Ltd.,
2
2. At the outset, it has been stated that appeals filed by the assessee are time barred by 295 days. In support, assessee has filed petition for condonation of delay alongwith Affidavit which reads as under:-
ITA No.3963/Mum/2025 and others
Horizontal Ventures Pvt Ltd.,
Horizontal Ventures Pvt Ltd.,
4
3. In view of the aforesaid facts and circumstances mentioned, we find that there was a reasonable cause in belatedly filing the appeal before the Tribunal and therefore, the delay of 295 days is condoned.
At the outset, it has been pointed out by the assessee as well as ld. DR that the ld. CIT(A) has passed an exparte order.
From the perusal of the order, it is seen that six opportunities were given and notices were sent through e- mail. However, it has been stated that the concerned individual who was looking after the matter who had an access to the e-mail on which notices and orders were sent had left the organisation and did not inform about the pending compliances in this case to anyone else in the organisaction and thus, the company was not aware of any such notices were sent through e-mail. In view of the aforesaid facts and in the interest of justice, all these appeals are set aside to the file of the ld. CIT(A) to be decided afresh and in accordance with the law after giving due opportunity of hearing to the assessee. The assessee is also directed to comply with the notices and substantiate its case.
ITA No.3963/Mum/2025 and others
Horizontal Ventures Pvt Ltd.,
5
6. In the result, all the three appeals of the assessee are allowed for statistical purposes.
Order pronounced on 29th August, 2025. (ARUN KHODPIA) (AMIT SHUKLA)
ACCOUNTANT MEMBER
JUDICIAL MEMBER
Mumbai; Dated 29/08/2025
KARUNA, sr.ps
Copy of the Order forwarded to :
BY ORDER,
(Asstt.