DINESH BHIKAMCHAND MEHTA,BELAGAVI vs. THE PR. COMMISSIONER OF INCOME TAX, HUBLI

This appeal by the assessee arises out of the order dated 24-03-2022 passed by the Pr.CIT, Hubli u/s.263 of the Income-tax Act, 1961 (hereinafter also called ‘the Act’) in relation to the assessment year 2017-18.

We have heard both the sides and gone through the relevant material on record. Shorn off unnecessary details, it is seen that notice u/s.263 dated 14-03-2022 was served upon the assessee on 15-03-2022. The assessee was required to furnish written submissions by 21-03-2022. The assessee, in fact, made online submissions on 22-03-2022. However, the impugned order came to be passed on 24-03-2022 without taking into consideration the online submissions made by the assessee. Considering the facts in totality, we are of the considered opinion that it would be just and fair if the impugned order is set aside and the matter is restored to the file of ld. Pr.CIT for passing a revisionary order afresh as per law after allowing opportunity of hearing to the assessee. Needless to say, the assessee’s written submissions already filed or to be filed in the fresh proceedings may be taken into consideration before passing the order.

In the result, the appeal is allowed for statistical purposes.