Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “C” BENCH, MUMBAI
Before: SHRI SAKTIJIT DEY, JM & SHRI MANOJ KUMAR AGGARWAL, AM
आदेश / O R D E R
Per Manoj Kumar Aggarwal (Accountant Member):- 1. Aforesaid appeal by assessee for Assessment Year [in short referred to as ‘AY’] 2012-13 contest the order of Ld. Commissioner of Income-Tax (Appeals)-16, Mumbai [in short referred to as ‘CIT(A)’], Appeal No. CIT(A)- 16/ITO-9(3)(1)/IT0260/2015-16 dated 29/12/2017 qua confirmation of certain additions on account of alleged bogus purchases. None has appeared for assessee and no adjournment application is on record. Left with no option, we proceed to dispose-off the same on the basis of material on record and after hearing Ld. DR, who justified the impugned additions.
Facts on record reveal that the assessee has been saddled with certain additions of Rs.163 Lacs on account of alleged bogus purchases in an assessment u/s 143(3) framed on 26/03/2015. The same was agitated before Ld. first appellate authority without any success vide impugned order dated 29/12/2017 wherein the assessee did not make effective representative despite being provided with several opportunity of being heard. Aggrieved, the assessee is before us.
Upon careful consideration, the overall conduct of the assessee reveal that the assessee has remained negligent in attending the hearing before us as well as before Ld. first appellate authority. However, keeping in view the principle of natural justice, we deem it fit to provide another opportunity of being heard to the assessee and accordingly, restore the matter before Ld. first appellate authority. The assessee is directed to substantiate its stand failing which Ld. first appellate authority shall be at liberty to adjudicate the same on the basis of material on record.
The appeal stands allowed for statistical purposes. Order pronounced in the open court on 16/05/2019. Sd/- Sd/- (Saktijit Dey) (Manoj Kumar Aggarwal) �ाियक सद� / Judicial Member लेखा सद� / Accountant Member मुंबई Mumbai; िदनांकDated : 16/05/2019 Sr.PS:-Jaisy Varghese