SAMPATH RAJ CHENNAI,CHENNAI vs. DCIT NON CORPORATE CIRCLE- 4(1), CHENNAI

The sole grievance of the assessee in captioned appeal is confirmation of addition of Rs.898.12 Lacs as made by Ld. Assessing Officer while framing an assessment u/s 143(3) on 30-12-2019. Though the assessee preferred further appeal, it failed to make any representation during appellate proceedings. Accordingly, the addition was sustained against which the assessee is in further appeal before us.

The Ld. AR, appearing for assessee, placed on record various documents and sought another opportunity of hearing before lower authorities. The Ld. AR also undertook to substantiate its case in case another opportunity was given. The Ld. Sr. DR opposed the same. Keeping in mind the principle of natural justice, the bench deems it fit to grant another opportunity of hearing to the assessee. However, this would come at a cost of Rs.25,000/- which shall be deposited by the assessee within 30 days from the date of receipt of the order to ‘Tamil Nadu State Legal Services Authority’ at Hon’ble High Court of Madras. The proof of the same shall be furnished by the assessee to learned CIT(A) who shall proceed to dispose-off the appeal de novo. The assessee is directed to substantiate its case. 3. The appeal stand allowed for statistical purpose. The connected stay application stand dismissed as infructuous. Order pronounced on 5th February, 2024. Sd/- Sd/- (MAHAVIR SINGH) (MANOJ KUMAR AGGARWAL) उपा23 / VICE PRESIDENT लेखा सद5 / ACCOUNTANT MEMBER चे7ई Chennai; िदनांक Dated : 05-02-2024 DS आदेशकीDितिलिपअ&ेिषत/Copy of the Order forwarded to : 1. अपीलाथ�/Appellant 2. � थ�/Respondent 3. आयकरआयु?/CIT 4. िवभागीय�ितिनिध/DR 5. गाडDफाईल/GF