ADIMOOLAM RADHAKRISHNAN,CHENNAI vs. ITO, NCW-12(1), CHENNAI
आयकर अपीलीय अिधकरण “ए” ायपीठ चेई म।
IN THE INCOME TAX APPELLATE TRIBUNAL
“A” BENCH, CHENNAI
माननीय ी एस. एस. िव ने रिव, ाियक सद! एवं
माननीय ी मनोज कुमार अ&वाल ,लेखा सद! के सम(।
BEFORE HON’BLE SHRI S.S. VISWANETHRA RAVI, JM AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM
आयकरअपील सं./ ITA No.2583/Chny/2024
(िनधा)रण वष) / Assessment Year: 2014-15)
Shri Adimoolam Radhakrishnan
#9/5, Masilamani Road,
Balaji Nagar, Royapettah,
Chennai-600 014. बनाम
/ Vs.
ITO
Non-Corporate Ward-12(1),
Chennai.
थायीलेखासं./जीआइआरसं./PAN/GIR No. AAAPR-8170-L
(अपीलाथ /Appellant)
:
( थ / Respondent)
अपीलाथ कीओरसे/ Appellant by :
Shri V. Balaji (Advocate)- Ld.AR
थ कीओरसे/Respondent by :
Shri R. Raghupathy (Addl.CIT) - Ld. Sr. DR
सुनवाईकीतारीख/Date of Hearing
:
18-12-2024
घोषणाकीतारीख/Date of Pronouncement
:
02-01-2025
आदेश / O R D E R
Manoj Kumar Aggarwal (Accountant Member)
Aforesaid appeal by assessee for Assessment Year (AY) 2014-15 arises out of an order of learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A)] dated 31-05- 2024 in the matter of an assessment framed by Ld. Assessing Officer [AO] on best judgment basis u/s. 147 r.w.s. 144 r.w.s. 144B of the Act on 27-03-2022. The registry has noted delay of 70 days in the appeal. The delay has been attributed to the fact the impugned order was served on wrong email-ID and thus, there was delay. The Ld. AR pleaded for 2
condonation of delay. Since there was sufficient cause, we deem it fit to condone the delay and we proceed with disposal of appeal. The grievance of the assessee is two-fold – (i) Addition of cash deposits of Rs.135.37 Lacs and (ii) Computation of income under the head Income from house property.
2. Upon perusal of assessment order as well as appellate order, it could be seen that the assessee has failed to make any representation therein. The Ld. AR has prayed for another opportunity of hearing which has been opposed by revenue.
3. Though the assessee has remained negligent, however, keeping in mind the principles of natural justice, we accept the prayer of Ld. AR.
Accordingly, the impugned order is set aside and the assessment is restored back to the file of Ld. AO for de novo assessment with a direction to the assessee to substantiate its case.
4. The appeal stand allowed for statistical purposes.
Order pronounced on 2nd January, 2025 (S. S. VISWANETHRA RAVI) (MANOJ KUMAR AGGARWAL)
ाियक सद! / JUDICIAL MEMBER लेखा सद! / ACCOUNTANT MEMBER
चे4ई Chennai; िदनांक Dated : 02-01-2025
DS
आदेशकीSितिलिपअ&ेिषत/Copy of the Order forwarded to :
1. अपीलाथ /Appellant
2. थ /Respondent
3. आयकरआयु=/CIT Chennai
4. िवभागीय ितिनिध/DR
5. गाडBफाईल/GF