M/s Sri Jyothi Medical Hall, Hyderabad V. ITO, Hyderabad

ITA 1049/HYD/2010

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5294 (ITAT-HYDERABAD)
• Duration Of Justice: 10 year(s) 9 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-05-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB-A
• Next Hearing Date: 23-03-2021
• Assessment Year: 2004-2005
• Appeal Filed On: 26-07-2010
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 271(1)(c); 250

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER I.T.A. NOS. 1047, 1048 & 1049/HYD/2010 ASSESSMENT YEARS: 2002-03, 2003-04 & 2004-05 M/S.SRI JYOTHI MEDICAL HALL, HYDERABAD [PAN: AAWFS0494G] VS INCOME TAX OFFICER, WARD NO.5(2) HYDERABAD (APPELLANT) (RESPONDENT) FOR ASSESSEE : NONE FOR REVENUE : SHRI SUNIL KUMAR PANDEY, DR DATE OF HEARING : 23-03-2021 DATE OF PRONOUNCEMENT : 04-05-2021 O R D E R PER S.S.GODARA, J.M. : THESE THREE ASSESSEES APPEALS FOR AYS.2002-03 TO 20 04- 05 ARISE FROM THE CIT(A)-V HYDERABADS SEPARATE ORDER S, ALL DATED 07-05-2010, PASSED IN APPEAL NOS.283, 284 & 2 85/ ITO,W-5(2) / CIT(A)-V / 2007-08; IN PROCEEDINGS U/S . 271(1)(C) OF THE INCOME TAX ACT, 1961 [IN SHORT, THE ACT]. HEARD BOTH PARTIES. CASE FILES PERUSED. ITA NOS. 1047, 1048 & 1049/HYD/2010 :- 2 -: 2. IT TRANSPIRES AT THE OUTSET THAT WE NEED NOT DELVE MUCH DEEPER IN THE FACTS OF THE INSTANT CASES. SUFFICE TO S AY, BOTH THE LEARNED LOWER AUTHORITIES HAVE IMPOSED SECTION 271 (1)(C) PENALTIES ON THE ASSESSEE IN VIEW OF THE DISALLOWANCE(S)/ADDITION(S) MADE IN THE COURSE OF QUA NTUM ASSESSMENT(S) UPHELD UPTO TRIBUNAL ORDER DT.29-09-2017 IN ITA NOS.473 TO 475/HYD/2007 RESPECTIVELY. 3. COMING TO THE IMPUGNED IDENTICAL PENALTIES OF RS.9,20,000/-, RS.8,60,000/- AND RS.9,60,000/-; RES PECTIVELY, WE NOTICE FROM A PERUSAL OF THE CASE FILES AND WITH TH E ABLE ASSISTANCE COMING FROM REVENUES SIDE THAT THE ASSESSI NG OFFICERS IDENTICAL CORRESPONDING SHOW CAUSE NOTICE( S); ALL DT.23-03-2006, HAD NOWHERE SPECIFIED AS TO UNDER WHIC H LIMB HE PROPOSED TO TAKE RECOURSE TO THE PENAL MECHANISM UND ER THE PROVISIONS OF THE ACT. HON'BLE JURISDICTIONAL HIGH COURTS DECISION IN PR.CIT VS. BAISETTY REVATHI (2017) 398 IT R 88 (TELANGANA & AP) HOLDS THAT SUCH A DEFAULT RENDERS THE IMPUGNED PENALTY INVALID. 4. MR.PANDEY QUOTED (2017) 84 TAXMANN.COM 51 (MUM), SUNDARAM FINANCE LTD. (2018) 93 TAXMANN.COM 250 (MADR AS), ITA NO.1519/HYD/2019, DT.28-11-2017 JYOTHIRMOY YAMSAN I VS. DCIT UPHOLDING IDENTICAL PENALTIES AFTER CONCLUD ING THAT SUCH A FAILURE IS VERY MUCH CONDONABLE. NONE OF THE SAID DECISION COULD APPLY TO THE EXCLUSION OF THE HON'BLE JURISDICTIONAL HIGH COURTS FOREGOING JUDGMENT. WE THE REFORE ITA NOS. 1047, 1048 & 1049/HYD/2010 :- 3 -: DIRECT THE ASSESSING OFFICER TO DELETE THE IMPUGNED PEN ALTY(IES) FOR THIS PRECISE REASON ALONE. 5. THESE ASSESSEES APPEALS ARE ALLOWED IN ABOVE TER MS. A COPY OF THIS COMMON ORDER BE PLACED IN THE RESPECTIVE CASE FILES. ORDER PRONOUNCED IN THE OPEN COURT ON 4 TH MAY, 2021 SD/- SD/- (LAXMI PRASAD SAHU) (S.S.G ODARA) ACCOUNTANT MEMBER JUDICIAL MEM BER HYDERABAD, DATED: 04-05-2021 TNMM ITA NOS. 1047, 1048 & 1049/HYD/2010 :- 4 -: COPY TO : 1.M/S.SRI JYOTHI MEDICAL HALL, C/O.TEJPRAKASH TOSHN IWAL, ADVOCATE, 4-1-6/B/4, RAMKOTE, HYDERABAD. 2.THE INCOME TAX OFFICER, WARD-5(2), HYDERABAD. 3.CIT(APPEALS)-V, HYDERABAD. 4.CIT-IV, HYDERABAD. 5.D.R. ITAT, HYDERABAD. 6.GUARD FILE.