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Income Tax Appellate Tribunal, “B” BENCH, AHMEDABAD
Before: SHRI WASEEM AHMED&
PER Ms. MADHUMITA ROY - JM: Both the appeals filed by the assessee are directed against the order passed by the Commissioner of Income Tax (Appeals)-6, Ahmedabad both dated 28.04.2017 under section 271(1)(c) of the Income Tax Act, 1961 (hereinafter referred as to “the Act”) arising out of the order dated 29.12.2015 and 24.11.2015 passed by the ACIT, Circle-1(1)(2), Baroda for the Assessment Years 2010-11 & 2011-12.
Since both the appeals relate to the same assessee, the same are heard analogously and are being disposed of by a common order.
& Late Shri Sajid R. Dhanani vs. ACIT Asst.Years –2010-11 & 2011-12 - 2 -
It appears that in the quantum appeals arising out of the assessment order dated 31.03.2013 u/s 153A r.w.s. 143(3) of the Act passed by the ACIT, Circle – 1(1)(2), Baroda, have been allowed in favour of the assessee by quashing the said assessment order u/s 153A r.w.s. 143(3) of the Act. Hence, the penalty proceedings initiated against the assessee become infructuous. The appeals are also thus dismissed as infructuous.