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Income Tax Appellate Tribunal, KOLKATA ‘B BENCH, KOLKATA
Before: Sri J. Sudhakar Reddy, Hon’ble & Sri Aby T. Varkey, Hon’ble
order : September 16th, 2020 ORDER Per J. Sudhakar Reddy, AM :- This appeal filed by the assessee is directed against the order of the Learned Commissioner of Income Tax (Appeals) – 4, Kolkata, (hereinafter the “ld.CIT(A)”), passed u/s. 250 of the Income Tax Act, 1961 (the ‘Act’), dt. 21/01/2019, for the Assessment Year 2013-14.
None appeared on behalf of the assessee. There is no application for adjournment either. Under these circumstances, we dispose off the case ex-parte on merits qua the assessee after hearing the ld. Departmental Representative.
Heard the ld. D/R. The only issue that the assessee agitates in this appeal is the disallowance u/s 14A of the Act. The ld. CIT(A) has not given adequate opportunity to the assessee to represent its case nor has considered the written submission on this issue of disallowance u/s 14A. Hence, we set aside this issue of disallowance u/s 14A of the Act to the file of the Assessing Officer for fresh adjudication, in accordance with law, after giving the assessee adequate opportunity of being heard.
In the result, appeal of the assessee is allowed for statistical purposes.
Kolkata, the 16th day of September, 2020.
Sd/- Sd/- [Aby T. Varkey] [J. Sudhakar Reddy] Judicial Member Accountant Member Dated : 16.09.2020 {SC SPS}
Assessment Year: 2013-14 The Indian Textiles Company Private Limited The Indian Textiles Company Copy of the order forwarded to: 1. The Indian Textiles Company Private Limited Company Private Limited No.1, Ahiripukur Road Kolkata - 700 070
2. Deputy Commissioner of Income Tax, Circle Deputy Commissioner of Income Tax, Circle-12(2), Kolkata 3. CIT(A)- 4. CIT- , 5. CIT(DR), Kolkata Benches, Kolkata. 5. CIT(DR), Kolkata Benches, Kolkata.