V.K.SOOD ENGINEERS AND CONTRACTORS,PANCHKULA vs. DCIT, CIRCLE PANCHKULA, PANCHKULA
IN THE INCOME TAX APPELLATE TRIBUNAL
“B” BENCH, CHANDIGARH
BEFORE HON’BLE SHRI RAJ PAL YADAV, VICE PRESIDENT
AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM
आयकरअपील सं. / ITA No.820/CHANDI/2024
(िनधाŊरणवषŊ / Assessment Year: 2017-18)
M/S V. K. Sood Engineers &
Constructions
H.No.20, Sector 6
Panchkula-134109. बनाम/ Vs.
DCIT
Circle Panchkula
Panchkula
̾थायीलेखासं./जीआइआरसं./PAN/GIR No. AAHFV-7228-E
(अपीलाथŎ/Appellant)
:
(ŮȑथŎ / Respondent)
अपीलाथŎकीओरसे/ Appellant by : Shri Vineet Krishan (Advocate) – Ld. AR
ŮȑथŎकीओरसे/Respondent by :
Dr. Ranjit Kaur (Addl. CIT) – Ld. Sr. DR
सुनवाईकीतारीख/Date of Hearing
:
18-03-2025
घोषणाकीतारीख /Date of Pronouncement
:
18-03-2025
आदेश / O R D E R
Manoj Kumar Aggarwal (Accountant Member)
1. Aforesaid appeal by assessee for Assessment Year (AY) 2017-18
arises out of an order of learned Commissioner of Income Tax
(Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A)]
dated 07-06-2024 in the matter of an assessment framed by Ld.
Assessing Officer [AO] on best judgment basis u/s. 144 of the Act on 05-12-2019. In the assessment order, Ld. AO made certain additions and disallowance which were confirmed by Ld. CIT(A) for want of any effective representation from the assessee. The Ld. CIT(A) also did not admit additional evidences as furnished by the assessee. Aggrieved, the assessee is in further appeal before us. The Ld. AR has prayed for consideration of additional evidences.
2. Since additional evidences would have material bearing on the assessment, the same ought to have been admitted by Ld. CIT(A).
Nevertheless, we set aside the impugned order and restore the assessment back to the file of Ld. AO for de novo assessment after affording reasonable opportunity of hearing to the assessee. The assessee is directed to substantiate its case forthwith.
3. The appeal stand allowed for statistical purposes.
Orders pronounced on 18th March, 2025. (RAJPAL YADAV) (MANOJ KUMAR AGGARWAL)
VICE PRESIDENT लेखा सद˟ /ACCOUNTANT MEMBER
Dated: 18-03-2025
आदेश की Ůितिलिप अŤेिषत / Copy of the Order forwarded to :
1. अपीलाथŎ/Appellant
2. ŮȑथŎ/Respondent
3. आयकरआयुƅ/CIT
4. िवभागीयŮितिनिध/DR
5. गाडŊफाईल/GF