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Income Tax Appellate Tribunal, KOLKATA BENCH “VIRTUAL COURT A” KOLKATA
Before: Shri J.Sudhakar Reddy & Shri S.S.Godara
M/s Dayavant Dealer Pvt. Income Tax Officer Ward- बनाम Ltd., 14, Weston Street, 2nd 2(2) Aaykar Bhawan, P-7, / Floor, Kolkata-700 013 V/s. Chowringhee Square, [PAN No.AACCD 8123 A] Kolkata-700069 .. अपीलाथ� /Appellant ��यथ� /Respondent None अपीलाथ� क� ओर से/By Appellant Shri Ram Bilash Meena-CIT-DR ��यथ� क� ओर से/By Respondent 29-09-2020 सुनवाई क� तार�ख/Date of Hearing 19-10-2020 घोषणा क� तार�ख/Date of Pronouncement आदेश /O R D E R PER S.S.Godara, Judicial Member:- This assessee’s appeal for assessment year 2012-13 arises against the Commissioner of Income Tax (Appeals)-7, Kolkata’s order dated 09.01.2018 passed in case No.312/CIT(A)-7/Kol/Ward-2(2)/16-17 involving proceedings u/s 143(3) of the Income Tax Act, 1961; in short ‘the Act’. Case called twice. None appears at the assessee’s behest. It is accordingly proceed ex parte. The case is now taken up for adjudication on merits.
It transpires at the outset with the able assistance of learned CIT-DR that the CIT(A)’s order under challenge affirming the Assessing Officer’s action treating the assessee’s share capital / premium of ₹17,18,0,000/-; has been passed ex parte without dealing with the relevant factual matrix thereof as contemplated u/s 250(6) of the Act requiring forming of points of determination followed by a detailed adjudication