9911796707
TMI Blog2021 (3) TMI 72X X X X Extracts X X X X X X X X Extracts X X X X ..... file of the AO for verification and reconsideration of the issue. Assessee's appeal is treated as allowed for statistical purposes. - ITA No. 1046/Hyd/2019 - - - Dated:- 22-2-2021 - P. Madhavi Devi, Member (J) For the Appellant : Mohd. Afzal For the Respondents : Kanika Agarwal, DR ORDER P. Madhavi Devi, Member (J) 1. This is assessee's appeal for the A.Y. 2015-16 against the order of the CIT(A)-1, Hyderabad, dated 15.01.2018. 2. Brief facts of the case are that the assessee individual running two business units i.e. (1) Vishnu Polymers in Uttarakhand and (2) M/s. Padma Industries in Hyderabad, filed her return of income for the A.Y. 2015-16 on 15.8.2015 admitting an income of ₹ 4,85,450/-. The as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s dismissed for non-appearance of the assessee before the CIT(A). The assessee is in second appeal before the Tribunal by raising the following grounds of appeal: 1.) The appeal dismissed by the learned Commissioner of Income Tax (Appeals)-1 is not justified in law or in facts or in both, for the additions made by the by the learned ITO of ward 11(4) to the extent of ₹ 10,51,971/- be deleted. 2.) Without prejudice to the above contention your humble petitioner further submits that the Commissioner of Income Tax (Appeals)-1 has erred in dismissing the appeal. He did not observe the principles of the natural justice. He has not observed our contentions against the disallowance made by the learned ITO of ward 11 (4) while compl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... et for the eligible unit, but the AO has erroneously recorded that the assessee has not filed the same. In support of this contention that the relevant details which were to be filed along with the return of income can also be filed during the course of hearing and that the same should be considered if they are so filed, the learned Counsel for the assessee relied upon the decision of the Hon'ble Supreme Court of India in the case of CIT vs. G.M. Knitting Industries Pvt. Ltd. reported in 376 ITR 456 (S.C.). 6. The learned DR, on the other hand, supported the orders of the authorities below and submitted that the assessee ought to have filed the audited accounts in Form 10CCB along with the return of income and since they have not bee ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
