LOTS SHIPPING LIMITED,KOCHI vs. JCIT TDS , KOCHI

Appeal are Dismissed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

1) Cases called twice. None appears at assessee’s behest. We accordingly proceed exparte against the assessee. Lots Shipping Ltd. 2. Coming to the assessee’s identical sole substantive ground challenging section 271C penalties herein of Rs.8,39, 515/- and Rs.8,84,392/-; assessment year-wise, respectively, learned Sr. DR invited our attention to the CIT(A)/NFAC’s lower

TRIO SHOPPING MALL SPACES PRIVATE LIMITED,CALICUT vs. JCIT,TDS, KOCHI

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

271C, read with Section 274, were initiated. During the proceedings, the assessee submitted its explanation along with supporting documents before the Assessing Officer/ TDS Officer citing reasonable cause for delay However, the Joint Commissioner of Income Tax (TDS) passed penalty orders imposing a penalty of Rs.12,04,735/-, alleging default in timely deposit of tax deducted at source. 3. Aggrieved

TRIO SHOPPING MALL SPACES PRIVATE LIMITED,CALICUT vs. JCIT,TDS, KOCHI

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

271C, read with Section 274, were initiated. During the proceedings, the assessee submitted its explanation along with supporting documents before the Assessing Officer/ TDS Officer citing reasonable cause for delay However, the Joint Commissioner of Income Tax (TDS) passed penalty orders imposing a penalty of Rs.12,04,735/-, alleging default in timely deposit of tax deducted at source. 3. Aggrieved

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed

M/S NOORUL ISLAM TRUST,THODUPUZHA vs. ACIT (TDS), KOCHI, KOCHI

Bench: Shri Satbeer Singh Godaraand Shri Manoj Kumar Aggarwal

Section 271C proceedings initiated by the learned lower authorities for non-deduction of TDS. Suffice to say, we adopt our foregoing reasons herein as well to restore thesecases back to the CIT(A) in very terms. Ordered accordingly. 8. To sum up, ITA Nos. 443, 444, 445, 446, 447 &448/Coch/2022 and ITA Nos.455, 456, 457, 458, 459 &460/Coch/2022 are dismissed