FLUX OVERSEAS PVT. LTD., ,KOLKATA vs. ITO, WARD - 12(1), , KOLKATA

At the outset, ld. counsel for the assessee submitted that the impugned order is ex-parte and the assessee could not get reasonable opportunity to plead before the ld. 1st Appellate Authority and, therefore, Assessment Year: 2011-2012 Flux Overseas Pvt. Limited requested for restoring the issue raised in the instant appeal to the ld. CIT(Appeals) for fresh adjudication.

Ld. D.R. has raised no objection if the issues raised in the instant appeal are restored to the ld. CIT(Appeals).

We have heard the rival submissions and perused the relevant material placed before us. The assessee has raised four grounds of appeal of which Ground No. 1 states that the ld. CIT(Appeals) erred in dismissing the appeal of the assessee without allowing reasonable opportunity of hearing. Grounds No. 2 & 3 are challenging the addition made by the ld. Assessing Officer under section 68 of the Act at Rs.4,03,65,000/-.

On perusal of the impugned order, we find that the impugned order is ex-parte. The ld. CIT(Appeals) has not discussed anything on merits of the case except giving general remark. Prima facie, it seems that the assessee did not get reasonable opportunity of being heard. We, therefore, in the interest of justice and being fair to both the parties restore the issues raised on merit to the ld. CIT(Appeals) for fresh adjudication after considering the submissions of the assessee and pass a speaking order. The assessee is also directed not to take any adjournment unless otherwise required for reasonable cause.

In the result, the appeal of the assessee is allowed for statistical purposes. Order pronounced in the open Court on August 11, 2022.

Sd/- Sd/- (Sonjoy Sarma) (Manish Borad) Judicial Member Accountant Member Kolkata, the 11th day of August, 2022 Assessment Year: 2011-2012 Flux Overseas Pvt. Limited Copies to : (1) Flux Overseas Pvt. Limited, C/o. N.S.A. & Co., P-17, New CIT Road, 1st Floor, Room No. 7, Near Central Metro, Kolkata-700073