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Income Tax Appellate Tribunal, DIVISION BENCH, ‘A’, CHANDIGARH
Before: SHRI SANJAY GARG & Ms. ANNAPURNA GUPTA
आदेश/Order
Per Annapurna Gupta, AM:
The present appeal has been preferred by the assessee against the order dated 22.12.2016 of the Commissioner of Income Tax (Appeals), Panchkula [hereinafter referred to as CIT(A)] agitating the levy of penalty u/s 271(1)(c) of the Income-tax Act, 1961 (in short 'the Act').
At the outset, Ld. Counsel for the assessee has placed on file a copy of the order dated 7.11.2017 of the Tribunal passed in ITA No. 24/Chd/2016, whereby, the quantum additions stood deleted.
In view of this, the very basis on which the penalty was levied is ceased to exist. Accordingly, the impugned penalty levied by the lower
ITA No. 243/Chd/2017- Dharminder Pachisia, Ambala City 2
authorities is hereby set aside. The appeal of the assessee is hereby allowed. Order pronounced in the Open Court.
Sd/- Sd/- (संजय गग� /SANJAY GARG ) (अ�नपूणा� गु�ता /ANNAPURNA GUPTA) �या�यक सद�य / Judicial Member लेखा सद�य/ Accountant Member
Dated : 16.10.2018 “आर.के.” आदेश क� ��त�ल�प अ�े�षत/ Copy of the order forwarded to : 1. अपीलाथ�/ The Appellant 2. ��यथ�/ The Respondent 3. आयकर आयु�त/ CIT 4. आयकर आयु�त (अपील)/ The CIT(A) 5. �वभागीय ��त�न�ध, आयकर अपील�य आ�धकरण, च�डीगढ़/ DR, ITAT, CHANDIGARH 6. गाड� फाईल/ Guard File
आदेशानुसार/ By order, सहायक पंजीकार/ Assistant Registrar