The ACIT, Circle-2, Surat V. M/s. Jhawar International, Surat

ITA 1755/AHD/2011

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 89677 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 11 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-06-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 23-06-2015
• Assessment Year: 2005-2006
• Appeal Filed On: 04-07-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SONIA KUMAR

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, AHMEDABAD BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT AND SHRI RAJPAL YADAV, JUDICIAL MEMBER ./ ././ ./ ITA NO. 1755/AHD/2011 / ASSESSMENT YEAR: 2005-06 DCIT, CIRCLE-2, SURAT V/S. M/S. JHAWAR INTERNATIONAL, 823/2, SACHIN GIDC, ROAD NO.8, NR. SAGAR HOTEL, SURAT PAN : AACFJ 2540 E / // / (APPELLANT) !' !' !' !' / // / (RESPONDENT) REVENUE BY : SMT. SONIA KUMAR, SR. DR. ASSESSEE(S) BY : NONE (WRITTEN SUBMISSION) #$ % &'/ // / DATE OF HEARING : 23/06/2015 () % &' / // / DATE OF PRONOUNCEMENT: 25/06/2015 *+ *+ *+ *+/ // / O R D E R PER G.D. AGRAWAL, VICE PRESIDENT: THIS IS AN APPEAL FILED BY THE REVENUE AND IS DIREC TED AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME-TAX (APPEAL S)-II, SURAT DATED 18.04.2011, PERTAINING TO ASSESSMENT YEAR 2005-06. 2. THE ONLY GROUND RAISED IN THIS APPEAL BY THE REV ENUE IS AGAINST THE CANCELLATION OF THE PENALTY OF RS. 4,47,761/- U/S. 271(1)(C). 3. THE ASSESSING OFFICER HAD LEVIED THE PENALTY IN RESPECT OF ADDITION OF RS.11,63,521/-; HOWEVER, ON QUANTUM APPEAL SUCH ADD ITION IS DELETED BY THE ITAT VIDE ITA NO.561/AHD/2009. WHEN THE ADDITION I N RESPECT OF WHICH PENALTY WAS LEVIED HAS BEEN DELETED, THE PENALTY BA SED UPON SUCH ADDITION ITA NO.1755/AHD/2011 DCIT VS. JHAWAR INTERNATIONAL FOR AY 2005-06 2 CANNOT SUSTAIN. IN VIEW OF ABOVE, WE UPHOLD THE OR DER OF THE CIT(A) AND DISMISS THE APPEAL FILED BY THE REVENUE. 4. IN THE RESULT, THE REVENUES APPEAL IS DISMISSED . ORDER PRONOUNCED IN THE COURT ON 25 TH JUNE, 2015 AT AHMEDABAD. SD/- SD/- (RAJPAL YADAV) JUDICIAL MEMBER (G.D. AGRAWAL) VICE-PRESIDENT AHMEDABAD; DATED 25/06/2015 BIJU T., PS *+ % !&, -*,& *+ % !&, -*,& *+ % !&, -*,& *+ % !&, -*,&/ COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. !' / THE RESPONDENT. 3. & #. / CONCERNED CIT 4. #. ( ) / THE CIT(A) 5. ,12 !& , , / DR, ITAT, AHMEDABAD 6. 2 4$ / GUARD FILE . *+# *+# *+# *+# / BY ORDER, TRUE COPY 5 55 5/ // / 6 6 6 6 ( DY./ASSTT.REGISTRAR) , , , , / ITAT, AHMEDABAD