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Income Tax Appellate Tribunal - Kolkata

Mukul Roy, Siliguri vs Assessee

                आयकर अपीलीय अधीकरण, Ûयायपीठ - "वी", कोलकाता,
        IN THE INCOME TAX APPELLATE TRIBUNAL, BENCH "B", KOLKATA

       (सम¢)Before    ौी बी.
                         बी. आर.
                             आर. िमƣल
                                 िमƣल,् Ûयायीक सदःय           एवं/and
                      Shri B.R.Mittal, Judicial Member.
                      ौी सी.
                         सी.डȣ.
                            डȣ.राव, लेखा सदःय
                      Shri C.D. Rao, Accountant Member

      आयकर अपील संÉया / ITA
                         Nos. 190 & 192/Kol/2010
      िनधॉरण वषॅ/Assessment Years: 2003-04 & 2004-05
                                                            -वनाम-
                         (अपीलाथȸ/APPELLANT )               -Versus-    (ू×यथȸ/RESPONDENT)
                        Mukul Roy, Siliguri                             JCIT, Range-2, Siliguri
                      (PAN:ADEPR 8586R)

     अपीलाथȸ कȧ ओर से/   For the Appellant:                   Shri      Subash Agarwal
     ू×यथȸ कȧ ओर     से/For the Respondent:                   Shri      Piyush Kolhe


                                         आदे श/ORDER

  सी.
  सी.डȣ.
 (सी डȣ.राव)
        राव लेखा सदःय
 Per Shri C.D.Rao, A.M.

These two appeals are preferred by the Assessee against the orders of the C.I.T.(A), Siliguri both dated 20.11.2010 for the assessment years 2003-04 and 2004- 05 respectively.

2. The effective only issue involved in appeal No. 190/Kol/2010 is relating to the deletion of penalty imposed by the AO under section 271D of the I.T. Act and the effective only issue involved in appeal no. 192/Kol/2010 is relating deletion of penalty imposed by the AO under section 271E of the I.T. Act

3. At the time of hearing before us, the Ld. Counsel, appearing on behalf of the Assessee, has prayed before the Bench that the additional evidences i.e. affidavits from the lenders and the confirmation letters may be admitted and further submitted that the assessee will suffer irreparable loss, if the same are not admitted. He further requested that this matter may be set aside to the file of the AO and the assessee will be in a position to substantiate his case.

4. On the other hand, the Ld. D.R. heavily relied on the orders of the AO and further submitted that the affidavits dated 16.8.10 filed by the assessee, even if they are admitted, will not serve any purpose of the assessee, since he has taken a fresh plea and all these loan creditors are relatives of the assessee. Therefore, he requested to confirm the orders of the revenue authorities.

5. After hearing the rival submissions and on careful perusal of the materials available on record and irrespective of the fact whether the additional evidences will support the case of the assessee or not, keeping in view the above facts and in the interest of justice, we consider to give one more opportunity to the assessee to substantiate his case before the AO. Therefore, we set aside the matter to the file of the AO to re-decide the same, after considering the additional evidences and after giving proper opportunity of being heard to the assessee.

6. In the result, the appeals of the Assessee are allowed for statistical purposes..

यह आदे श Ûयायालय मɅ सुनाया गया है ORDER PRONOUNCED IN THE OPEN COURT ON 30.11.2010.

            Sd/-                                          Sd/-
 बी.
 बी. आर.
     आर. मीƣल,् Ûयायीक सदःय                          सी.
                                                     सी.डȣ.
                                                        डȣ.राव, लेखा सदःय
 B.R.Mittal, Judicial Member                         C.D. Rao, Accountant Member

             (तारȣख)
              तारȣख) Date:   30.11.2010

MST(Sr.P.S.)
          आदे श कȧ ूितिलǒप अमेǒषतः-
        Copy of the order forwarded to:

1. Mukul Roy, P.O, M/s P.M. Enterprises, Roy Bhawan, Bagdogra, Siliguri

2. JCIT, Range-2, Siliguri

3. The CIT(A),

4. The CIT

5. DR, Kolkata Benches, Kolkata स×याǒपत ूित/True Copy, आदे शानुसार/ By order, Deputy /Asst. Registrar, ITAT, Kolkata Benches 2 .

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