Sh. Hira Singh, Malerkotla V. ITO, Malerkotla

ITA 229/CHANDI/2016

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 9958 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-05-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2009-2010
• Appeal Filed On: 16-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S K MITTALDR
• Assessee Lawyers: S K CHHABRA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH,CHANDIGARH BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER ITA NO. 229/CHD/2016 ASSESSMENT YEAR : 2009-10 SHRI HIRA SINGH, VS THE ITO, VPO AMARGARH, WARD IV(3), MALERKOTLA. MALERKOTLA. PAN: BGOPS4854H (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI S.K.CHHABRA RESPONDENT BY : SHRI S.K.MITTAL,DR DATE OF HEARING : 19.05.2016 DATE OF PRONOUNCEMENT : 19.05.2016 O R D E R THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST THE ORDER OF LD. CIT(APPEALS)-2, LUDHIANA DATED 01.12.2015 FOR ASSESSMENT YEAR 2009-10, CHALLENGING THE LEVY OF PENALTY UNDER SECTION 271(1)(C) OF THE INCO ME TAX ACT. 2. IN THIS CASE, ASSESSEE DECLARED AGRICULTURAL INC OME OF RS. 3,50,000/- WHICH WAS SURRENDERED AT THE ASSESSMENT STAGE. THE ASSESSING OFFICER LEVIED PEN ALTY ON THIS ADDITION. THE LD. CIT(APPEALS) CONFIRMED THE LEVY OF PENALTY BY PASSING DETAILED ORDER. 2 3. THE LD. COUNSEL FOR THE ASSESSEE PRAYED THAT ASSESSEE MAY BE PERMITTED TO WITHDRAW THE APPEAL. 4. IN VIEW OF THE SUBMISSIONS OF LD. COUNSEL FOR TH E ASSESSEE, THIS APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- (BHAVNESH SAINI) JUDICIAL MEMBER DATED: 19 TH MAY, 2016. POONAM COPY TO: THE APPELLANT, THE RESPONDENT, THE CIT(A), THE CIT, DR ASSISTANT REGISTRAR, ITAT/CHD