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Income Tax Appellate Tribunal, PANAJI BENCH :: PANAJI
(A.Y. 2009-10) M/s. Trimurty Industry, vs DCIT, Circle-1, Plot No. M-20, Cuncolim Margao, Goa. Industrial Estate, Cuncolim, Salcette, Goa. PAN: AADFT 1136 F Appellant Respondent Assessee by : Shri Nagraj Kale, FCA Revenue by : Shri N. Shrikanth, DR Date of hearing : 18/08/2023 Date of pronouncement : 23/08/2023 O R D E R
Per PARTHA SARATHI CHAUDHURY, JM:
This appeal preferred by the assessee emanates from the order of Commissioner of Income Tax [Appeals]-1, Panaji, dated 02.07.2018 for A.Y.2009-10 as per the grounds of appeal on record.
Brief facts of the case are that the assessee is engaged in manufacturing of iron and steel products, filed its return of income on 28/09/2009, declaring total income of Rs. 93,35,758/- after claiming deduction u/sec. 80IB of Rs. 33,96,767/-. The return was processed u/sec. 143(1) and statutory notices u/sec. 142(1) & 143(1) were issued. The assessee submitted explanation, which did not find favour with the AO and accordingly assessment was completed u/sec. 143(3)
M/s. Trimurty Industry making the additions on account of difference in income as per return and computation of income, disallowance of excess claim of depreciation and withdrawal of excess deduction claimed u/sec. 80IB.
Aggrieved by the order of the AO, the assessee filed appeal before the ld. CIT(A). In spite of repeated notices, none appeared on behalf of the assessee and it was rather requested by the assessee that the ld.CIT(A) that issues may be decided on the basis of written submissions. The ld.CIT(A) after considering the documents/materials available on record, had dismissed the appeal of the assessee. Further aggrieved, assessee is in appeal before this Tribunal.
Ld.AR for the assessee submitted that ld.CIT(A) while passing the impugned order has not fully considered the written submissions filed by the assessee and prayed for remanding the matter back to the file of the ld.CIT(A) for re-adjudication as per law.
Ld.DR has submitted that ld.CIT(A) has passed the impugned order by considering all the facts and written submissions filed by the assessee, therefore, the submission of the ld.AR for remanding the matter back to the file of ld.CIT(A) is not warranted in this case and he prayed for dismissal of the instant appeal.
We have perused the facts and circumstances and heard the submissions of the parties herein. We have given a considerable thought going through the findings of the ld.CIT(A) in his order. That, after going through the documents/materials placed on record, 2
M/s. Trimurty Industry specifically the written submissions filed by the assessee, we find that the ld.CIT(A) has not given his findings specifically regarding the contents of the assessee’s written submissions. There is no iota of evidence provided by the ld.CIT(A) that the decision, that has been taken, has been based considering the submissions filed on record by the assessee. That, even the ld.DR could not substantiate from the order of the ld.CIT(A) that the written submissions of the assessee was considered in totality. The process of judicial adjudication requires Quasi-Judicial authority to adjudicate the submissions of the assessee has to be dealt with specifically with appropriate reasons after conducting due verification. This has not been done by the ld.CIT(A) in his order. In view thereof, in the interest of justice, we set aside the order of the ld.CIT(A) and remand the matter back to his file to adjudicate as per law dealing with the submissions of the assessee specifically and come out with a speaking order complying with the principles of natural justice. The grounds stands allowed for statistical purposes.
In the result, appeal of the assessee is allowed for statistical purposes.
Order pronounced in open Court on 23rd August, 2023.