JAY KISHAN MANDAL,NAGAON vs. INCOME TAX OFFICER, WARD-1, NAGAON
In the result, both the appeals of the assessee are allowed
ITA 52/GTY/2021[2013-14]Status: DisposedITAT Guwahati25 May 2023AY 2013-14
Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Bleita Nos.51 & 52/Gty/2021 Assessment Year: 2012-13 & 2013-14 Jay Kishan Mandal Ito, Ward-1, Nagaon C/O. Rahul Raj Jain & Co., H. No. 15, 1St Floor, Bye Lane-2, Vs Shaktigarh Path, Bhangagarh, G.S. Road, Assam-781005. Pan: Ajupm 6794 L (Appellant) (Respondent) Present For: Appellant By : None Respondent By : Shri N.T. Sherpa, Jcit Date Of Hearing : 16.05.2023 Date Of Pronouncement : 25.05.2023 O R D E R Per Sonjoy Sarma, Jm: The Captioned Appeals Are Filed By The Assessee Against Two Separate Orders Of Ld. Cit(A), Nfac Both Dated 26.08.2021 In Respect Of Assessment Year 2012-13 & 2013-14 Respectively. The Assessee Has Raised Common Grounds Of Appeal For Each Of The Assessment Years Under Consideration: “I. That The Ld. Cit(Appeals) Was Not Justified While Confirming The Penalty Imposed U/S 271(1)(C) Of The Income Tax Act, 1961. Ii. That The Appellant Prays Leave To Add, Amend, Alter, Delete Or Forego Any Of The Grounds Either Before Or During The Course Of Hearing.”
For Appellant: NoneFor Respondent: Shri N.T. Sherpa, JCIT
Section 144Section 148Section 271Section 271(1)(c)
148 of the Act. In response to such query made by the AO, the assessee submitted that the income filed by him was due to mistake in taking salary income correctly and he surrendered the difference amount for taxation. The Assessing
Officer has also initiated penalty proceedings u/s 271(1)(c) of the Act and imposed penalty
