JAYGANGA EXIM INDIA PRIVATE LIMITED ,INDORE vs ACIT CENTRAL-2 , BHOPAL

Income Tax Appellate Tribunal, INDORE BENCH, INDORE

Before: DR. MANISH BORAD & SHRI PARESH M JOSHI

For Appellant: Shri Harsh Vijayvargiya, AR

For Respondent: Ms. Ila Parmar, CIT-DR with Shri Nihar Sahu

Hearing: 23.10.2025Pronounced: 30.10.2025

In the result “Impugned Order” is set aside and penalty at Rs.10,000/- u/s 271(1)(b) upheld in the impugned order is deleted.

Both the parties fairly submitted that the facts and circumstances of other one appeal i.e. ITANo.213/Ind/2025 are exactly identical to the Appeal in ITANo.212/Ind/2025 and similar contentions raised therein may be considered, therefore & 213/Ind/2025 A.Y. 2015-16 & 2018-19 our findings and directions given in ITANo.212/Ind/2025 shall apply mutatis mutandis to this appeal which is accordingly allowed .

5.2 In view of the aforesaid both the appeals of the assessee are allowed.

Order pronounced by putting on notice board in terms of Rule 34 of ITAT, Rules, 1963, on 30.10.2025.

JAYGANGA EXIM INDIA PRIVATE LIMITED ,INDORE vs. ACIT CENTRAL-2 , BHOPAL