DCIT, CIR-3(2), , PORT BLAIR vs. ANDAMAN & NICOBAR STATE CO-OPERATIVE BANK LTD.,, PORT BLAIR
Appeal is dismissed
ITA 576/KOL/2017[2012-13]Status: DisposedITAT Kolkata30 Nov 2018AY 2012-13
Bench: Shri S.S.Godara & Shri, M. Balaganeshassessment Year :2012-13 Dcit, Circle-3(2), Mb- V/S. Andaman & Nicobar State 210, Shaidpur, Port Co-Operative Bank Ltd., Blair-74416 Ma Road, Phoenix Bay, Port Blair-744101 [Pan No.Aaajt 1043 Q] .. अपीलाथ" /Appellant ""यथ"/Respondent Shri Saurbh Kumar, Addl. Cit-Sr-Dr अपीलाथ" क" ओर से/By Appellant None ""यथ" क" ओर से/By Respondent 15-11-2018 सुनवाई क" तार"ख/Date Of Hearing 30-11-2018 घोषणा क" तार"ख/Date Of Pronouncement आदेश /O R D E R Per S.S.Godara:- This Revenue’S Appeal For Assessment Year 2012-13 Arises Against The Commissioner Of Income Tax (Appeals)-1 Kolkata’S Order Dated 09.12.2016 Passed In Case No.1775/Cia-1/Circle-3(2)P.B/2014-15 Reviving Assessing Officer’S Action Imposing Penalty Of ¤56,31,415/- In Proceeding U/S 271(1)(C) Of The Income Tax Act, 1961; In Short ‘The Act’. Case Called Twice. None Appears At Assessee’S Behest. It Is Accordingly Proceed Ex Parte Against Assessee In The Instant Case. 2. The Revenue’S Sole Substantive Ground Pleaded In This Instant Appeal Seeks To Revive The Assessing Officer’S Action Imposing Penalty U/S 271(1)(C) Of ₹56,31,415/- In His Order Dated 26.08.2015 As Reversed In The Cit(A)’S Order Under Challenge As Follows:- “I Have Considered The A.O'S Finding & Perused The Written Submission Along With The Assessment Order. The A.O. Had Impose The Penalty Under Section
Section 271(1)(c)Section 36
56,31,415/- in his order dated 26.08.2015 as reversed in the CIT(A)’s order under challenge as follows:-
“I have considered the A.O's finding and perused the written submission along with the assessment order. The A.O. had impose the penalty Under Section
ITA No.576/Kol/2017 A.Y. 2012-13
DCIT, Cir-3(2), P&B Vs. Andaman & Nicobar Stat
