ACIT, Central Circle-18, New Delhi V. Aerens Buildwell Ltd., New Delhi

ITA 2181/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 5564 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-03-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 11-03-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: SUMAN MALIK
• Section: 27; 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “A” DELHI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.As. No.2180/DEL/2019 & 2181/DEL/2019 Assessment Years 2009-10 & 2008-09 Asst. Commissioner of Income Tax, Central Circle-18, New Delhi. v. M/s. Aerens Buildwell Ltd., G-56, Green Park Main, New Delhi. TAN/PAN: AACCA3045N (Appellant) (Respondent) Appellant by: Shri Vivek Bansal, Adv. Shri Mayank Banga, Adv. Respondent by: Mrs. Suman Malik, Sr.D.R. Date of hearing: 31 03 2022 Date of pronouncement: 31 03 2022 O R D E R PER PRADIP KUMAR KEDIA, A.M.: The ca pt io ne d a ppe als ha ve be en f il ed b y t he Re ve nue a g ain st the or de rs of th e Co mmi s si on er of Inco me Ta x ( A ppe als) -X XV II , Ne w Del hi [ ‘C IT (A )’ in s ho rt ], of e ve n da te 2 4. 12 .201 8 ar isi ng f ro m the r es pec ti ve o rd e rs of t he A sse ss in g Of f icer (A O) w he re b y pe na lt y un der Se cti on s 2 7 1(1 )( c) of th e In c o me Ta x Ac t, 19 61 (t he A ct ) a mou nti ng to R s. 74, 37 ,6 68 /- ( A. Y. 200 8- 09 ) an d Rs .34 ,9 8, 13 6/ - (A. Y. 2 00 9- 10 ) we r e d el ete d b y t he C I T( A). 2. Fr o m t he g ro un ds of appe al r ai se d b y the R ev en ue i ts elf , it i s ad mit te d po si ti on tha t th e ad di ti o ns/ di sa ll ow an ce s ma de i n th e qua nt u m a ss es s men ts gi vi ng ri se to t he pe nal t y i n que s tio n in th e res pe ct ive a pp ea ls stoo d re ve rs ed b y t he C o- or di na te Benc h of Tri bu na l in I T A s No .5 03 7/ De l/ 20 16 a nd 5 07 5/ De l /20 16 f or I.T.As. No.2180 & 2181/Del/2019 2 As ses s me nt Y ea rs 20 08- 09 an d 2 00 9- 10, re sp ect iv el y. T hu s, i n vi ew of th e f ac t t ha t q uan tu m ad di ti on s/d isa ll ow an ce s i ts elf ha ve be en ad mit te dl y de le ted , the ve r y b as is f or i mp os iti on of pena lt y c ea se s to exi st an d d oe s not su rvi ve an y mo re. He nce , t he co nc lu sio n dra wn b y th e CI T( A) de le t ing t he p ena lt y c a n not d is tu rb ed. 3. The a pp ea l mo ve d b y t he R eve nu e on the g ro un d that q ua ntu m app ea l i n f a vo ur of th e a ss es se e i s su b jec te d t o chall en ge bef o re th e Jur is di ct io nal H ig h Co ur t a nd t hu s n ot ye t a tt ai ned f in ali t y i s d ev oi d of an y me rit . A s n oti ce d, t he Tr ib un a l in th e qu an tu m p roc ee di ng s has r ev er se d th e ac tio n of the Rev en u e. It i s tr it e th at pe nal t y u nd er Sec ti on 27 1( 1)( c) i s no t a ut o mat ica ll y att rac te d mer el y b eca us e it is lawf u l to do s o. T he pe na lt y is not o rdi na ri l y t o be i mp ose d u nle ss ass es se e o bl ig ed in la w, e it he r a cte d d eli be rat el y i n d ef ia nce of la w or gu il t y of d is ho n est c on du ct or ac te d i n co nsc io us d is r ega rd of i ts obl ig at io n. Th e d e cis io n of the T rib u nal in f avo ur of t h e a sse ss ee i mpli es ab se nc e of su ch po ss ib ili ti es . We th us de cli ne t o i nte rf ere wit h th e or der of th e C IT (A ). 3. In th e res ul t, b ot h t he ap pe al s of th e R eve nu e are d is mi ss ed. Order was pronounced in the open Court on 31/03/2022. Sd/- Sd/- [SAKTIJIT DEY] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER Prabhat