M/S. INNOVA TIE UP PRIVATE LIMITED ,KOLKATA vs. ITO, WARD - 12(3) , KOLKATA

When the case was called for hearing, none appeared on behalf of the assessee. Notice of hearing sent by Registered Post is returned ‘un- served’. It was, therefore, decided to hear the appeal ex-parte qua the assessee with the assistance of ld. D.R.

On perusal of the impugned order, we find that the impugned order is ex-parte and the assessee did not appear on multiple occasions when the dates were fixed for hearing. However, the ld. CIT(Appeals) decided to dismiss the assessee’s appeal without adjudicating any of the issues on merit. The finding of the ld. CIT(Appeals) reads as under:- “Since there is no compliance on the part from appellant during the appellant proceedings, I have no other alternative but to complete the case on the basis of material available on record. As there is no new fact/details available for consideration and I do not find any infirmity in the AO’s order. Therefore, appeal is dismissed”.

On going through the above finding of the ld. CIT(Appeals), we find that the impugned order is not a speaking order as the ld. CIT(Appeals) has not discussed anything about the issue of share capital and share premium and other relevant issues raised in the appeal by the assessee and by giving a general observation has dismissed the appeal. Under these given facts and circumstances, we restore all the issues raised in the instant appeal to the ld. CIT(Appeals) with a direction to pass a speaking order. Further the ld. CIT(Appeals) is directed to call for the details of Company and its Directors from Ministry of Corporate Affairs so as to serve the notice of hearing to the assessee-company and its Directors. In case, assessee does not appear, the ld. CIT(Appeals) should proceed in accordance with law and decide the issues after giving finding on merits of the case.

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: 2009-2010 M/s. Innova Tie Up Private Limited Copies to : (1) M/s. Innova Tie Up Private Limited, 29B, Rabindra Sarani, 4th Floor, Room No. 433A, Kolkata-700073