DCIT CIRCLE-7, PUNE vs. THAKUR HASARAM MULCHANDANI, PUNE
Appeal is dismissed in above terms
ITA 55/PUN/2020[2015-16]Status: DisposedITAT Pune20 Jun 2022AY 2015-16
Bench: Shri S. S. Godara & Shri Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.55/Pun/2020 िनधा"रण वष" / Assessment Year: 2015-16 Dcit, Circle-7, Pune. Vs. Thakur Hasaram Mulchandani, Flat No.1, Building No.1, Sukhasagar Terrace, Sadhu Vaswani Chowk, Opp. Gpo, Pune- 411001. Pan : Aaxpm9871G Appellant Respondent Revenue By : Shri Arvind Desai Assessee By : Shri Hari Krishan Date Of Hearing : 13.06.2022 Date Of Pronouncement : 20.06.2022 आदेश / Order Per S. S. Godara, Jm: This Revenue’S Appeal For Assessment Year 2015-16 Arises Against The Cit(A)-5, Pune’S Order Dated 15.10.2019 Passed In Case No. Pn/Cit(A)-5/Dcit, Cir. 7, Pune/10020/2018-19 Involving Proceedings U/S 271(1)(C) Of The Income Tax Act, 1961; In Short The Act. Heard Both The Parties. Case Files Perused. 2. The Revenue’S Sole Substantive Grievance Raised Herein Challenges Correctness Of The Cit(A)’S Action Reversing The Penalty
For Appellant: Shri Hari KrishanFor Respondent: Shri Arvind Desai
Section 143(3)Section 271(1)(c)Section 54
253, 254 & 259/ PNJ/ 2013 (ITAT- Panaji; (v) M/s. NSE IT Ltd.
Vs. DCIT, ITA No. 5935/Mum/2014 (ITAT-Mumbai); (vi) Amruta
Organics Pvt. Ltd. Vs. DCIT, ITA No. 1121/PN/2011 (ITAT-Pune); (vii)
DCIT Vs. National Textile Corporation, ITA No.5757/Del/2015. In all the above cases, the penalty levied was held to be bad-in-law and hence deleted either holding that
