Allied Aviation P. Ltd, Mumbai vs Assessee

BEFORE S/SHRI B.R.BASKARAN (AM) AND VIVEK VARMA, (JM) सव ी बी.आर.बा करन, लेखा सद य एवं ववेक वमा , या यक सद य के सम

आयकर अपील सं./I.T.A. No.3099/Mum/2010 ( नधा रण वष / Assessment Year : 2004-05 )

Allied Aviation Pvt. Ltd., बनाम/ Asstt. Commissioner of Income 60, Adarsh Industrial Estate, Vs. Tax 8(1),(Original order passed Sahar road, Andheri (E), by DCIT, CC 13, Mumbai) Mumbai-400099 Aayakar Bhavan, M K Road, Mumbai-400020 (अपीलाथ! /Appellant) .. ("#यथ! / Respondent)

थायी ले ख ा सं . /जीआइआर सं . /PAN/GIR No. :AAACA4848H

अपीलाथ! ओर से /Appellant by : Shri Madhur Agarwal "#यथ! क& ओर से/Respondent by: Shri Pavan Kumar Birla

सन ु वाई क& तार*ख / Date of Hearing : 12.2.2015 घोषणा क& तार*ख /Date of Pronouncement : 12.2.2015

आदे श / O R D E R

Per B.R.BASKARAN, Accountant Member:

The appeal filed by the assessee is directed against the order dated

12.2.2010 passed by Ld CIT(A)-16, Mumbai and it relates to the

assessment year 2004-05.

2. All the grounds urged by the assessee relate to a single issue, viz.,

disallowance of deduction claimed as bad debts.

3. The ld.Counsel appearing for the assessee submitted that the

assessee could not furnish the relevant documents which were necessary I.T.A. No.3099/Mum/2010 2

to substantiate the claim of bad debts and hence, the AO has made

impugned disallowance and the same was also confirmed by the ld.

CIT(A).

4. The ld.counsel submitted that the AO has made an identical

disallowance in the succeeding year and the same has been deleted by the

ld. CIT(A) in the appeal filed by the assessee.

5. The ld. counsel submitted that the assessee is now in possession of

the details with regard to the claim of bad debts made during the year

under consideration and accordingly prayed that the assessee may be

given one more opportunity for presenting them to the AO in support of

the said claim.

6. The ld. DR did not object to the request put forth by the ld. AR.

7. Having regard to the submissions made by the ld. AR, in the interest

of natural justice, we are of the view that the assessee should be given

one more opportunity to substantiate the claim of bad debts. Accordingly

we set aside the order of ld.CIT(A) on this issue and restore the same to

the file of the AO with a direction to examine the issue afresh by duly

considering the information and explanations that may be furnished by the

assessee.

I.T.A. No.3099/Mum/2010 3

8. In the result, the appeal filed by the assessee is allowed for

statistical purposes.

The above order was pronounced in the open court on 12th day of

Feb, 2015 in the presence of the parties.

घोषणा खुले यायालय म- .दनांकः 12th Feb,2015 को क& गई ।

sd sd

( ववेक वमा / VIVEK VARMA) (बी.आर.बा करन / B.R. BASKARAN) या यक सद य / JUDICIAL MEMBER लेखा सद य / ACCOUNTANT MEMBER

मब ंु ई Mumbai: 12th Feb,2015.

व. न.स./ SRL , Sr. PS

आदे श क !त#ल$प अ%े$षत/Copy of the Order forwarded to :

1. अपीलाथ! / The Appellant

2. "#यथ! / The Respondent.

3. आयकर आय3 ु त(अपील) / The CIT(A)- concerned

4. आयकर आय3 ु त / CIT concerned

5. वभागीय " त न5ध, आयकर अपील*य अ5धकरण, मब ुं ई / DR, ITAT, Mumbai concerned

6. गाड फाईल / Guard file.

आदे शानस ु ार/ BY ORDER, true copy सहायक पंजीकार (Asstt. Registrar) आयकर अपील*य अ5धकरण, मुंबई /ITAT, Mumbai