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Income Tax Appellate Tribunal, DELHIBENCH ‘D’, NEW DELHI
Before: Sh. Saktijit DeyDr. B. R. R. Kumar
Per Dr. B. R. R. Kumar, Accountant Member:
The present appeal has been filed by the Revenue against the order of ld. CIT(A)-43, New Delhi dated 11.11.2021.
It has been brought to our notice that the quantum addition stands deleted by the order of the ld. CIT(A) in CIT(A)- 43/10475/2019-20 and hence the ld. CIT(A) has deleted the penalty levied u/s 271(1)(c) of the Income Tax Act, 1961. Since, the revenue could not bring on record any order reversing the decision of the ld. CIT(A) in the quantum proceedings till today, we hereby decline to interfere with the order of the ld. CIT(A).
2 Rajiv Kumar 3. In the result, the appeal of the Revenue is dismissed. Order Pronounced in the Open Court on 24/01/2023.