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Income Tax Appellate Tribunal, [ DELHI BENCH “A” : NEW DLEHI ]
Before: SHRI G.S. PANNUSHRI K. NARASIMHA CHARY
Assessee by : Ms. Bhoomija Verma, Adv.; Department by : Ms. Rakhi Vimal, Sr. D. R.; Date of hearing : 28/02/2020 Date of order : 02/03/2020
O R D E R PER K. NARASIMHA CHARY, J.M. :
This is an appeal filed against order dated 22/02/2019 passed by the Commissioner of Income Tax (Appeals)-27, New Delhi, in the case of M/s. G. L. Litmus Events Pvt. Ltd. (“Assessee”) for assessment year 2012-13.
At the outset, learned Authorized Representative submitted that this is a penalty appeal and the quantum addition giving rise to this penalty was allowed by the Tribunal by order dated 17.01.2020 in (Del) of 2017. He produced a copy of the same.
The learned Senior Departmental Representative does not controvert this fact.
We have perused the copy of the order of the Tribunal dated 17.01.2020. Since the quantum is deleted, penalty does not survive and accordingly the penalty is deleted.
In the result, the appeal filed by the assessee, is allowed.
Order pronounced in the open court on : 02/03/2020