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Income Tax Appellate Tribunal - Hyderabad

Gati Kintetsu Express Private Limited, ... vs Acit, Circle-2(2), Hyderabad, ... on 11 January, 2019

         IN THE INCOME TAX APPELLATE TRIBUNAL
            HYDERABAD BENCH 'B', HYDERABAD

      BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER
     AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER

                        ITA No. 992/Hyd/2017
                      Assessment Year: 2013-14

Gati Kintetsu Express Pvt.     vs.   Asst. Commissioner of
Ltd., Hyderabad.                     Income-tax, Circle - 2(2),
                                     Hyderabad.
PAN - AAATFA 4163D

          Appellant                          Respondent

                  Assessee by: Shri Y. Ratnakar
                   Revenue by: Shri Y.V.S.T. Sai

                Date of hearing: 07/01/2019
        Date of pronouncement: 11/01/2019

                             O RDE R

PER S. RIFAUR RAHMAN, AM:

This appeal filed by the assessee is directed against the order of CIT(A) - 2, Hyderabad, dated, 28/02/2018 for AY 2013-14.

2. In ground No. 1, the assessee contended that the CIT(A) erred in arbitrarily dismissing the appeal and confirming the assessment order dated 31/03/2016 computing the total income at Rs. 26,95,94,880/-.

3. Considered the rival submissions and perused the material on record. On perusal of order of CIT(A), we find that the CIT(A) extracted the findings of AO and submissions of assessee in his order and confirmed the order of AO. While confirming the order of AO on the additions made i.e. disallowance of depreciation on good will and disallowance of bad debts and irrecoverable balances written off, we find that 2 I.T.A. No. 992/H/17 Gati Kintetsu Express Pvt. Ltd., Hyd.

the CIT(A) without giving any finding on the issues confirmed the order of AO. The provisions of Section 250(6) of the Act require the Commissioner (Appeal) to dispose of the appeal in writing with reasoning. But, we find from the impugned order of Ld. CIT(A) who confirmed the order of AO without deciding the same on merit. Therefore, in this view of the matter, we are inclined to remit the matter ba ck to the file of Ld. CIT(A) with the direction to decide the issue s raised by assessee on merit with proper reasoning after giving reasonable opportunity of being heard to assessee. Thus, the grounds raised by the assessee are treated as allowed for statistical purposes.

4. In the result, appeal of the assessee is treated as allowed for statistical purposes.

Pronounced in the open court on 11 th January, 2019.

                Sd/-                           Sd/-
        (P. MADHAVI DEVI)              (S. RIFAUR RAHMAN)
        JUDICIAL MEMBER               ACCOUNTANT MEMBER

Hyderabad, dated 11 th January, 2019.

kv Copy forwarded to:

1. Gati Kintetsu Express Pvt. Ltd., Plot No. 20, Survey No. 12, Kothaguda, Kondapur, Hyderabad - 84
2. ACIT, Circle - 2(2), 5 th Floor, Signature Towers, Kothaguda, Kondapur, Hyderabad.
3. CIT(A) - 2, Hyderabad
4. Pr. CIT - 2, Hyderabad
5. The DR, ITAT, Hyderabad
6. Guard File 3 I.T.A. No. 992/H/17 Gati Kintetsu Express Pvt. Ltd., Hyd.
        Description                       Date           Intls
S.No.
1.      Draft dictated on                                          Sr.P.S./P.S
2.      Draft placed before author                                 Sr.P.S/PS
        Draft proposed & placed                                    JM/AM
3       before the second Member
4       Draft discussed/approved by                                JM/AM
        second Member
5       Approved Draft comes to the                                Sr.P.S./P.S
        Sr.P.S./PS
6.      Kept for pronouncement on                                  Sr.
                                                                   P.S./P.S.
7.      File sent to the Bench Clerk                               Sr.P.S./P.S
8       Date on which file goes to the
        Head Clerk
9       Date of Dispatch of order