KARTHICK NATARAJAN,ANNA NAGAR, MADURAI vs. DCIT, INT TAXN CIRCLE, INCOME TAX OFFICE, CR BUILDING, MADURAI
आयकर अपीलीय अिधकरण, ‘ए’ ायपीठ, चेई
IN THE INCOME TAX APPELLATE TRIBUNAL , ‘A’ BENCH, CHENNAI
ी मनु कुमार िगर ,ाियक सद एवं ी अिमताभ शु#ा, लेखा सद यके सम
BEFORE SHRI MANU KUMAR GIRI, JUDICIAL MEMBER
AND SHRI AMITABH SHUKLA, ACCOUNTANT MEMBER
आयकरअपीलसं./I.T.A.No.2106/Chny/2024
(िनधारण वष / Assessment Year: 2017-18)
Shri Karthick Natarajan,
Plot No.345, Anna Nagar,
Madurai-625 020. Vs
DCIT,
International Taxation Circle,
Madurai.
PAN : ADHPN-5507-B
(अपीलाथ/Appellant)
(यथ/Respondent)
अपीलाथकओरसे/ Appellant by :
Mr. T.Vasudevan, Advocate
यथकओरसे/Respondent by :
Mr. AR.V.Sreenivasan, CIT
सुनवाईकतारीख/Date of hearing
:
07.05.2025
घोषणाकतारीख /Date of Pronouncement
:
29.05.2025
आदेश
आदेश
आदेश
आदेश / O R D E R
PER MANU KUMAR GIRI, JM:
The captioned appeal filed by the assessee is directed against the order of the Ld. Commissioner of Income Tax (Appeals)
[CIT(A)] Chennai-16 dated 21.06.2024 for Assessment Year 2017-
18. 2. The above appeal is against the levy of penalty u/s 271(1)(C) of the Act for AY 2017-18. The ld. counsel for the assessee filed a letter dated 07.05.2025 and submitted that the appeal in quantum proceeding before the Hon’ble High Court has been withdrawn vide order dated 09.01.2025 as the assessee opted for the benefit under the Direct Tax Vivad Se Vishwas Scheme (DTVSV), 2024. Before us also, the ld. counsel for the Assessee informed that Form No.4
DTVSV has been issued on 06.05.2025. Hence, he prayed that the present penalty appeal does not survive as the quantum appeal has been settled under Direct Tax Vivad Se Vishwas Scheme (DTVSV),
2024. 3. Accordingly, noting the fact that the assessee in quantum appeal is already settled dispute under Direct Tax Vivad Se Vishwas
Scheme (DTVSV), 2024 and immunity is granted from the imposition of penalty under the Act, this penalty does not survive.
In the result, the appeal filed by the assessee in ITA Nos. 2106/Chny/2024 is allowed as the immunity is granted from the imposition of penalty under the Act by the CBDT Circular No.12 of 2024 dated 15.10.2024. Order pronounced in the open court on 29th May, 2025 (अिमताभ शु#ा)
( मनु कुमार िगर)
( Amitabh Shukla )
( Manu Kumar Giri)
लेखा
लेखा
लेखा
लेखा सदय
सदय
सदय
सदय / Accountant Member ाियक सद / Judicial Member
चेई/Chennai,
दनांक/Date:29.05.2025
DS
आदेश क ितिलिप अेिषत/Copy to:
1.Appellant
2.Respondent
3. आयकर आयु/CIT Chennai/Madurai/Coimbatore
4. िवभागीय ितिनिध/DR
5. गाड फाईल/GF.