VIJAY CHIMAJI SHINDE,PUNE vs. INCOME TAX OFFICER, WARD- 4(5), PUNE
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Income Tax Appellate Tribunal, PUNE “SMC” BENCH : PUNE [VIRTUAL HEARING]
Before: SHRI SATBEER SINGH GODARA
IN THE INCOME TAX APPELLATE TRIBUNAL PUNE “SMC” BENCH : PUNE [VIRTUAL HEARING] BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER आयकर अपील सं. /ITA No.1278/PUN/2023 �नधा�रण वष� / Assessment Year : 2015-16
Vijay Chimaji Shinde, Income Tax Officer, B-12, Suryawanshi Tower, Ward-4(5), Bhekrai Nagar, Parmar Parisar, Pune Phursungi, Pune 412 307 vs. Maharashtra PAN : BSSPS8319F (Appellant) (Respondent)
For Assessee : Shri Pramod S. Shingte For Revenue : Smt. Neha Deshpande
Date of Hearing : 14.03.2024 Date of Pronouncement : 27.03.2024 ORDER PER SATBEER SINGH GODARA, J.M. :
This assessee’s appeal for assessment year 2015-16, arises against the National Faceless Appeal Centre [in short the “NFAC”] Delhi’s Din and Order No.ITBA/NFAC/S/250/2023-24/1056999742(1), dated 12.10.2023, involving proceedings u/s.147 r.w.s.144B of the Income Tax Act, 1961 (in short “the Act”). Heard both the parties at length. Case file perused.
Coming to the assessee’s sole substantive grievance herein seeking to reverse both the learned lower authorities action making section 2(22)(e) deemed dividend addition of Rs.16,84,370/- representing loans availed from M/s. Precision Agritech Pvt. Ltd., the Revenue could hardly dispute that the
2 ITA.No.1278/PUN/2023 Vijay Chimaji Shinde
learned NFAC impugned lower appellate discussion has nowhere dealt with
the merits thereof as contemplated u/s.250(6) of the Act. Faced with this
situation, the assessee’s substantive ground pleaded in the instant appeal is
hereby restored to the NFAC for fresh appropriate adjudication in accordance
with law, preferably within three effective opportunities of hearing subject to
rider that it shall be the assessee’s onus only to plead and prove all facts with
the relevant evidences in consequential proceedings.
This assessee’s appeal is allowed for statistical purposes in above terms.
Order pronounced in the open Court on 27th March, 2024.
Sd/- [SATBEER SINGH GODARA] JUDICIAL MEMBER Pune, Dated : 27th March, 2024 Satish Copy to :
The appellant 2. The respondent 3. The Pr. CIT, Pune concerned 4. D.R. ITAT, “SMC” Bench, Pune. 5. Guard File.
/ /By Order // //True Copy //
Sr. Private Secretary, ITAT, Pune Benches, Pune.
