PATODIA FORGINGS GEARS LIMITED,PUNE vs. THE DCIT CIRCLE-8 , PUNE
आयकर अपीलीय अधिकरण “बी” न्यायपीठ पुणे में ।
IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, PUNE
BEFORE SHRI R.K. PANDA, VICE PRESIDENT
AND MS. ASTHA CHANDRA, JUDICIAL MEMBER
आयकर अपील सं. / ITA No.2745/PUN/2024
धििाारण वर्ा / Assessment Year: 2018-19
Patodia Forgings and Gears
Limited, Gat No.150/2, Village
Mahalunge, Chakan Talegaon
Road, Chakan, Pune – 410501. PAN: AAECP 9266 C
Vs.
The DCIT, Circle-8,
Pune.
अपीलार्थी / Appellant
प्रत्यर्थी / Respondent
Assessee by :
Shri Sarvesh Khandelwal
Department by :
Shri Arvind Desai-Addl.CIT(DR)
Date of hearing :
20-02-2025
Date of Pronouncement :
20-05-2025
आदेश / ORDER
PER ASTHA CHANDRA, JM :
The appeal filed by the assessee is directed against the order dated
25.10.2024 of the Ld. Commissioner of Income Tax(Appeals)/NFAC, [“CIT(A)”]
whereby he confirmed the penalty of Rs. 8,82,096/- levied by the Ld. Assessing
Officer (“AO”) u/s 270A of the Income Tax Act, 1961 (the “Act”) pertaining to Assessment Year (“AY”) 2018-19. 2. The assessee has raised the following grounds of appeal :-
“1. On the facts & circumstances prevailing in the case & as per the provisions of the Act, the imposition of penalty u/s 270A amounting to Rs. 8,82,096/- against the assessee is unlawful, not tenable in law and without following the rules of natural justice. It be held that penalty so imposed is bad in law and it should be deleted. Just and proper relief be granted
The appellant prays to be allowed to add, amend, modify, rectify, delete and raise any grounds of appeal at the time of hearing. “
At the outset, Ld. Counsel for the assessee submitted that the coordinate Bench of Pune Tribunal has set aside the quantum assessment in the 2 assessee’s case for A.Y. 2018-19 to the file of the Ld. CIT(A)/NFAC to decide the matter afresh on merits of the case. He, therefore, requested the Bench that the impugned penalty order passed by the Ld. CIT(A)/NFAC may also be set aside and the matter be restored to the file of the Ld. CIT(A)/NFAC for adjudication afresh on merits of the case in light of the outcome of the quantum appeal of the assessee.
The Ld. DR had no objection to the above proposition of the Ld. AR.
We have heard the Ld. Representatives of the parties and perused the material available on records. We have also perused the order of the Pune Bench of the Tribunal in the quantum appeal of the assessee in the case of Patodia Forgings and Gears Ltd. vs. ACIT , ITA No. 368/PUN/2024 for A.Y. 2018-19 dated 22/05/2024 and find that the Tribunal has set aside the order of the Ld. CIT(A)/NFAC for A.Y. 2018-19 on quantum with a direction to Ld. CIT(A)/NFAC to decide the issues afresh by passing a speaking order on merits of the case. In this view of the matter, we deem it fit to set aside the impugned penalty order of the Ld. CIT(A)/NFAC and restore the matter back to his file for decision afresh on merits in accordance with law taking into account the outcome of the assessee’s appeal on quantum after allowing reasonable opportunity of being heard to the parties. We order accordingly.
In the result, appeal of the assessee is allowed for statistical purposes.
Order pronounced in the open court on 20th May, 2025. (R.K. Panda)
JUDICIAL MEMBER
पुणे / Pune; दिन ांक / Dated : 20th May, 2025. 3
आदेश की प्रधिधलधप अग्रेधर्ि / Copy of the Order forwarded to :
अपील र्थी / The Appellant. 2. प्रत्यर्थी / The Respondent. 3. The Pr. CIT concerned. 4. दिभ गीय प्रदिदनदि, आयकर अपीलीय अदिकरण, “बी” बेंच, पुणे / DR, ITAT, “B” Bench, Pune. 5. ग र्ड फ़ इल / Guard File. //सत्य दपि प्रदि//// आिेश नुस र / BY ORDER,
/ // /
िररष्ठ दनजी सदचि / Sr. Private Secretary
आयकर अपीलीय अदिकरण ,पुणे / ITAT, Pune