Addition of expenses on account of non-production of books

Last updated: 07 August 2021

Court :
INCOME TAX APPELLATE TRIBUNAL DELHI

Brief :
This appeal filed by the Assessee is directed against the Order dated 02.01.2018 of the Ld. CIT(A)-7, New Delhi, relevant to the A.Y. 2013-2014.

Citation :
ITA.No.3554/Del./2018

THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCHES “F” : DELHI
[THROUGH VIDEO CONFERENCING]
BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER
AND
Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER
ITA.No.3554/Del./2018
Assessment Year 2013-2014

M/s. Reliance Dotcom
Ltd., H-23A, Office
No.201, Kamal Tower,
Vijay Chowk, Laxmi
Nagar, New Delhi.
PAN AAACN3116F

Appellant

vs.

The Income Tax Officer,
Ward – 21 (2),
New Delhi.

Respondent

For Assessee : -None-
For Revenue : Smt. Sushma Singh, CIT-D.R.
Date of Hearing : 26.07.2021
Date of Pronouncement : 26.07.2021
ORDER

This appeal filed by the Assessee is directed against the Order dated 02.01.2018 of the Ld. CIT(A)-7, New
Delhi, relevant to the A.Y. 2013-2014.
2. The facts of the case, in brief are that the assessee company filed its return of income on 31.03.2015 declaring total income of Rs.23,36,930/- which was processed under section 143(1) of the I.T. Act, 1961. Subsequently, the case was selected for scrutiny under CASS.

3. Since the assessee was non-cooperative in furnishing even basic details like audit report, Profit & Loss
A/c, balance-sheet and copy of return of income etc., a letter written to Registrar of Companies on 01.02.2016 to furnish audit report etc., and present communication address, contact number etc., of the assessee company. The Registrar of Companies vide letter dated 03.03.2016 submitted the details.

4. Despite issue of notice by the Registry, none appeared on behalf of the assessee. Therefore, this appeal is being decided on the basis of the material available on record and after hearing the Ld. D.R.

5. In the result, appeal of the Assessee is allowed for statistical purposes.
Order pronounced in the open Court at the time of virtual hearing i.e., on 26.07.2021.

Please find attached the enclosed file for the full judgement