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Income Tax Appellate Tribunal, COCHIN BENCH, COCHIN
Before: Shri Satbeer Singh Godara & Shri Amarjit Singh
O R D E R Per Bench These assessee’s twin appeals arise against orders of the National Faceless Appeal Centre , Delhi [CIT(A)] in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act) as under : - DIN & Order No. Date No. 1 482/Coch/2023 2018-19 ITBA/NFAC/S/250/2022- 28.02.2023 23/1050184490(1) 2 483/Coch/2023 2019-20 ITBA/NFAC/S/250/2022- 28.02.2023 22/1050185513(1)
Cases called twice. None appears at assessee’s behest. We accordingly proceed exparte.
& 483/Coch/2023 Kalkunnel Mar Geevarthese Sasada Trust 2. It emerges at the outset with the able assistance coming from both the parties that the CIT(A)/NFAC has affirmed the CPC’s action in it’s twin “processing(s)” dated 17.10.2019 and 26.05.2020; assessment year-wise; respectively; denying sec.10(23C)(vi) exemption(s); on account of belated submission of Form 10B audit report(s) not filed with the returns herein.
Learned CIT-DR could hardly dispute that case law CIT vs. Xavier Kelavani Mandal (P.) Ltd., [2014] 41 taxmann.com 184 (Guj.) has already settled the issue that such a compliance is directory only than being mandatory in nature. And that an audit report prescribed in Form 10B could even be filed in appellate proceedings as well.
Faced with this situation, we hereby restore the assessee’s instant twin appeals back to the CIT(A)-NFAC for it’s afresh adjudication as per law, preferably within three effective opportunities of hearing, subject to the rider that it shall be the taxpayer’s onus and responsibility only to plead and prove all the relevant facts in consequential proceedings. Ordered accordingly.
These assessee’s twin appeals ITA.Nos.482 & 483/Coch/2023 are allowed for statistical purposes in above terms. A copy of this common order be placed in the respective case files.