Dey'S Medical Stroes (Mfg.) Ltd., ... vs Department Of Income Tax

I . T. A . N o. 2 24 / Kol./ 2 01 2 As ses sm e nt y e ar : 20 07 - 20 0 8

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IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA 'A' BENCH, KOLKATA

Before Shri N.K. Saini (Accountant M ember), and Shri Ge orge M atha n (Judicia l Member)

I.T .A. No . 224 /Ko l./ 2 012 Assess ment year : 2007 -2 00 8

A ssista nt Commissi one r of Inc ome Ta x,........... ....... ........A pp e lla nt Circle-10 , Kolka ta, P-7, C howring hee Squa re, 3 r d Floor, Kol ka ta -700 069

-Vs.-

Dey 's Med ic a l S tores ( Mfg .) Ltd .,.................... .................Resp ond e nt 20A , N elly S engu p ta Sa ra ni, Kol ka ta -700 087 [PA N : AA BC D 1608 D]

Appeara nces by : Shri R aj endr a Pr as ad , JCIT, for the Depar tment Shri Sa njay Bha ttacharya, FCA, for the asses see

Dat e of concluding t he hearin g : J anuary 30, 2 015 Dat e of pr onouncing th e order : J anuary 30, 2 015

Per N.K. Saini :

This is an appeal filed by the Revenue again st the o rder p assed by the ld. Commissio ner of Inco me Tax ( A ppeals )-XII, Kolkata in Appeal No. 926/CIT(A) /XI I/ R-10/09-10 dated 30.11.201 1 for the as sessm ent yea r 2007-08.

2. The g rou nds raised by the Revenu e re ad as under:-

(1) Wh eth er on th e facts a nd in the cir cumstances o f the case, th e ld. CIT(A) is justified in deleting the addition under th e head travelling and conveya nce tho ugh the assess ee failed to prove tha t the exp ens es were I . T. A . N o. 2 24 / Kol./ 2 01 2 As ses sm e nt y e ar : 20 07 - 20 0 8

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exclusively fo r th e purp ose of bu siness and the discr epan cies th er ein.

(2) Wh eth er on th e facts a nd in the cir cumstances o f the case, th e ld. CIT(A) is justified in deleting the addition under th e h ead of repair to building and mach inery in spite of the fact that the amo unt o f exp enses was high er than the value of asset.

(3) Wh eth er on th e facts a nd in the cir cumstances o f the case, th e ld. CIT (A) is justifi ed in deleting the addition on accou nt o f o ne time settl em ent mon ey for superannuation fund amou ntin g to Rs.20,00,000 /- treating the sa me as add itional sala ry.

3. Sh ri Raje ndra Prasad, JCIT, Sr. D.R., represent ed on behalf of the Revenue and Sh ri Sanjay Bh attacharya, F.C. A., represent ed o n behalf of the a sse ss ee.

4. The ass essee has fu rni shed t wo pap er books and m entioned in those pap e r boo ks as unde r:-

"2. This is to certify that the pa per book su bmitt ed by me/us co ntains the following new d ocument (s) which was/were no t filed befor e the authoriti es below. Thes e new d ocum en ts go to th e root of the case, for which investigation of fu rther facts do no t r equ ire a nd as such, the T ribunal may be pleas ed to accept the sa me in app reciation of th e facts o f th e case, in order to r ender justice".

5. Durin g th e co u rs e of hea rin g, ld. Counsel for the assessee submitted that new evidenc es furnish ed fi rst time by the as se ssee go to the ro ot of the matter and due to ce rt ain reasons the ass essee was unable to p rodu ce those documen ts either befo re the A ssess ing Of ficer o r before th e ld. CIT(App eals). He reque sted that th e m atte r may be sent back to the file of Assessing Officer to be d ecided af resh a fte r con side rin g the se do cuments.

6. Ld. Sr. D.R. in his rival submis sion did n ot object if th e matte r i s sent back to the A ssessin g Officer to be d ecided af resh.

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7. After consid eri ng the afo res aid submiss ions of both the p a rties, we dee m it app rop riat e to re mand thi s case back to the file of the A ss essin g Officer to be decided af re sh in accord ance with law afte r p ro viding due and reasonable opportunity of bein g heard to the asses see and by co nsiderin g th e ne w documen ts furni shed by the assessee fi rst ti me before the I.T.A.T.

8. In the result, the appeal of the Dep art ment is allowed fo r st atisti cal purpose s.

Orde r p ronounced in th e open Co urt on 30 t h Jan uary , 2015.

Sd/- Sd/- George Mathan N.K. Saini (Judicial M emb er) (Account ant Me mber)

Kolkata, th e 30 t h day of January, 2015

Co pies to : (1) A ssista nt Commissi one r of Inc ome Ta x, Circle-10 , Kolka ta, P-7, C howring hee Squa re, 3 r d Floor, Kol ka ta -700 069

(2) Dey 's Med ic a l S tores ( Mfg .) Ltd .

20A , N elly S engu p ta Sa ra ni, Kol ka ta -700 087

(3) Comm iss ioner of Income-tax (Appeal s) (4) Com mis sioner of Incom e Tax (5) The Depar tmental R epr es entative (6) Guard Fil e By order

Assistant Registrar Income Tax App ellate Tribunal Kolkata Ben ch es, Kolkata Laha/Sr. P.S.