Assistant Commissioner of Income-tax, Circle -3, , Pune V. M/s. Manisha Construction Company, Pune

ITA 1558/PUN/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 0436 (ITAT-PUNE)
• Duration Of Justice: 2 year(s) 8 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 02-10-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 263; 271(1)(c); 153A

Judgement Text

आयकर अपीऱीय अधिकरण “ए” न्यायपीठ पुणे में । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI S.S.GODARA, JM AND SHRI DR. DIPAK P. RIPOTE, AM आयकर अपीऱ सं. / ITA No.1554 to 1558/PUN/2019 ननधधारण वषा / Assessment Year : 2004-05 to 2008-09 ACIT, Circle -3, Pune .......अपऩलधथी / Appellant बनधम / V/s. M/s. Manisha Construction Company, Shop No.9 & F 10, Bhosale Shinde Arcade, Deccan Gymkhana, Pune – 411004 PAN : AAOFM9416A ......प्रत्यथी / Respondent Assessee by : Shri Nikhil Pathak Revenue by : Shri S. P. Walimbe सपनवधई की तधरऩख / Date of Hearing : 06.06.2022 घोषणध की तधरऩख / Date of Pronouncement : 15.06.2022 आदेश / ORDER PER S. S. GODARA, JM : 1. These Revenue’s five appeals for A.Y. 2004-05 to 2008-09 arise against the CIT(A)-3 Pune’s common order dt. 04.07.2019 passed in case No. PN/CIT(A)-8/DCIT, Cir-3/145, 146, 147, 148,149/18-19/224; respectively, 2 ITA No.1554 to 1558/PUN/2019, A.Y. : 2004-05 to 2008-09 M/s. Manisha Construction Company, 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. Coming to the Revenue’s identical substantive grievance that the CIT(A) has erred in law and on facts in reversing the Assessing Officer’s action imposing section 271(1)(c) penalty(ies) of Rs.38,19,350/-, Rs.32,65,840/-, Rs.1,27,99,060/-, Rs.1,14,88,520/- and Rs.7,30,56,370/-; assessment yearwise, respectively, we note at the outset that there is hardly any need for us to delve deeper in the relevant factual matrix. Suffice to say, the Assessing Officer has invoked the impugned proceedings in furtherance to CIT(Central) – Pune’s section 263 revision directions dated 27.03.2017 terming the former’s order(s) dated 10.03.2015 dropping the penal action in issue after framing section 153A r.w.s.143(3) assessment(s) dated 29.12.2011; as erroneous ones causing prejudice to interest of the Revenue. 3. It next transpires with the able assistance coming from the both the parties that this tribunal’s co-ordinate bench’s common order dated 30.07.2018 passed in assessee’s appeals ITA Nos.1522 to 1526/PUN/2017 has reversed the CIT’s preceding revision directions (supra) itself. That being the case, we find force in assessee’s arguments that the impugned penalties forming subject matter of judication in all the instant five appeals have no legs to stand. We thus uphold the CIT(A)’s impugned common order deleting the same for this precise reason alone. Ordered accordingly. 3 ITA No.1554 to 1558/PUN/2019, A.Y. : 2004-05 to 2008-09 M/s. Manisha Construction Company, 4. These Revenue’s five appeals are dismissed in above terms. A copy of this common order be placed in the respective case files. Order pronounced in the Open Court on this 15 th day of June, 2022. Sd/- Sd/- (DR.DIPAK P.RIPOTE) (S.S. GODARA) लेखध सदस्य/ ACCOUNTANT MEMBER न्यधनयक सदस्य/JUDICIAL MEMBER पपणे / Pune; ददनधांक / Dated : 15 th June, 2022. Ashwini आदेश की प्रनतनलनप अग्रेनषत / Copy of the Order forwarded to : 1. अपऩलधथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The CIT(A)-3, Pune. 4. The Pr.CIT-2,Pune. 5. नवभधगऩय प्रनतनननध, आयकर अपऩलऩय अनधकरण, “ए” बेंच, पपणे / DR, ITAT, “A” Bench, Pune. 6. गधर्ा फ़धइल / Guard File. आदेशधनपसधर / BY ORDER, // True Copy // Senior Private Secretary आयकर अपऩलऩय अनधकरण, पपणे / ITAT, Pune. 4 ITA No.1554 to 1558/PUN/2019, A.Y. : 2004-05 to 2008-09 M/s. Manisha Construction Company, S.No. Details Date Initials 1 Draft dictated on 06.06.2022 2 Draft placed before author 13.06.2022 3 Draft proposed & placed before the Second Member 4 Draft discussed/approved by Second Member 5 Approved Draft comes to the Sr. PS/PS 6 Kept for pronouncement on 7 Date of uploading of Order 8 File sent to Bench Clerk 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R. 11 Date of Dispatch of order