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Income Tax Appellate Tribunal, ‘D‘ BENCH
आदेश / O R D E R PER AMIT SHUKLA (J.M): The aforesaid appeal has been filed by the assessee against the order dated 23/02/2023 passed by NFAC, Delhi in relation to the penalty proceedings u/s. 271(1)(C) for the A.Y.2011-12.
It has been stated before us that in the quantum appeal, the entire addition on which penalty has been set aside to the file of the CIT(A) by the Tribunal vide order dated 30/05/2022
Shri Rajiv Naresh Gadiawala in for deciding the issue afresh. Accordingly, the impugned penalty levied by the ld. AO and also confirmed by the ld. CIT (A) is set aside to the file of the ld. CIT(A) to be decided afresh after deciding the quantum appeal and in accordance with law.
In the result, appeal of the assessee is allowed for statistical purposes.
Order pronounced on 28th June, 2023.