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Income Tax Appellate Tribunal, DEHRADUN BENCH, DEHRADUN
Before: Sh. Satbeer Singh Godara & Sh. M. Balaganesh
Asstt. Year : 2007-08 Ramesh Chand and Group AOP, Vs CIT(A)/NFAC, New Mandir Lane, Main Bazar, Delhi Bhagwanpur, Tehsil Roorkee, Distt. Haridwar (APPELLANT) (RESPONDENT) PAN No. AABAR9603A Assessee by: Sh. Hemant Arora, CA & Sh. Pavitra Arora, CA Revenue by: Sh. A. S. Rana, Sr. DR Date of Hearing: 17.03.2025 Date of Pronouncement: 23.04.2025 ORDER Per Satbeer Singh Godara, Judicial Member:
This assessee’s appeal for Assessment Year 2007-08, arises against the CIT(A)/NFAC, Delhi’s DIN & order No. ITBA/NFAC/S/250/2023-24/1058782356(1) dated 15.12.2023, in proceedings u/s 271(1)(c) of the Income Tax Act, 1961 (in short “the Act”).
Heard both the parties at length. Case file perused.
It emerges during the course of hearing that so far as the assessee’s sole substantive ground seeking to reverse both the lower authorities respective findings levying section 271(1)(c) penalty is concerned, the same hardly requires our detailed adjudication as the tribunal’s earlier order dated 11.08.2017 in
This clinching factual position has gone un-rebutted from the Revenue side. That being the case, we are of the considered view that the impugned penalty has got no legs to stand once the quantum addition has been deleted by the tribunal. The impugned penalty also follows the suit in very terms.