ITA Nos.103, 105, 107/Coch/2024

Parties Involved

Facts Summary

The assessee, Sri.Koikkara Pappu Roy, a contractor, filed his return of income on 28.01.2014. The Assessing Officer added a sum of Rs.5,12,500 u/s.40(a)(ia) of the Act, Rs.12,54,462 u/s.14A of the Act, and Rs.21,39,079 on the interest claimed on the borrowed funds. The assessee filed an appeal before the CIT(A) against the assessment order, but did not appear on the hearing dates. The CIT(A) dismissed the appeals ex parte. The DR argued that the assessee had not produced any documents in support of their contention. The Tribunal found that the assessee had some explanations against the various disallowances made by the authorities below. The assessee was not able to appear before the CIT(A), and the CIT(A) dismissed the appeals without adjudicating the issue in detail. The Tribunal set aside the order of the CIT(A) and remitted the issue back to the file of the CIT(A) to decide afresh the appeals on merits after hearing the assessee in person.…

Legal Issues

• 1. Disallowance of income by the Assessing Officer

Judgment Outcome

Decided in favour of Assessee.

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