Ravi Prakash Ojha, Jamshedpur V. ACIT, C.C.-1, Ranchi

ITA 4/RAN/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7091 (ITAT-RANCHI)
• Duration Of Justice: 7 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-09-2020
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2014-2015
• Appeal Filed On: 13-01-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: N S KHALKHO JCITSRDR
• Assessee Lawyers: R R MITAL
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RANCHI BENCH E COURT AT KOLKATA BEFORE SHRI J.SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SHRI S.S.GODARA, JUDICIAL MEMBER ITA NO. 01 TO 04 / RAN / 20 20 ASSESSMENT YEARS :2011-12 TO 2014-15 RAVI PRAKASH OJHA D-3, 3 RD FLOOR, B.S APARTMENT, ROAD NO.4, CONTRACTOR AREA, BISTUPUR, JAMSHEDPUR -831001 [ PAN NO.AAGPO 7836 E ] V/S . ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, RANCHI-834001 /APPELLANT .. / RESPONDENT /BY APPELLANT SHRI R.R. MITAL, FCA /BY RESPONDENT SHRI N.S. KHALKHO. JCIT-SR-DR /DATE OF HEARING 01-09-2020 /DATE OF PRONOUNCEMENT 01-09-2020 / O R D E R PER BENCH :- THESE FOUR ASSESSEES APPEAL(S) FOR ASSESSMENT YEA R(S) 2011-12 TO 2014-15 ARISE AGAINST THE COMMISSIONER OF INCOME TA X (APPEALS)-PATNA-3S SEPARATE ORDERS ALL DATED 24.12.2019 PASSED IN CASE NOS.ITBA/ APL/S/ 250/2019-20/ 1023001748(1), 1023002190(1), 10230027 67(1) & 1023003246(1); RESPECTIVELY INVOLVING PENALTY(IES) PROCEEDINGS U/S 271(1)(C) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT. HEARD BOTH THE PARTIES. CASE FILE(S) PERUSED. 2. THE ASSESSEES IDENTICAL SOLE SUBSTANTIVE GRIEVA NCE RAISED IN ALL THESE FOUR APPEAL(S) CHALLENGES CORRECTNESS OF BOTH THE L OWER AUTHORITIES ACTION IMPOSING PENALTY(IES) 1,80,000/-, 4,80,000/-, 1,60,136/- & 10,50,000/- ITA NO.01 04/RAN/2020 A.YS. 11-12 TO14-1 5 SH. RAVI PRAKASH OJHA VS. ACIT C.C-1, RAN PAGE 2 ASSESSMENT YEAR-WISE; RESPECTIVELY. LEARNED COUNSEL INVITED OUR ATTENTION TO THE CORRESPONDING PENALTY NOTICE(ES) ALL DATED 28.1 2.2017 NOWHERE INDICATING AS TO WHETHER THE ASSESSEE HAD CONCEALED PARTICULAR S OF HIS INCOME OR FURNISHING INACCURATE PARTICULARS OF SUCH INCOME. W E FIND NO MERIT IN REVENUES INSTANT STANDS IN VIEW OF THE CASE LAWS ( 2009) 309 ITR 107 (DEL) MADHUSHREE GUPTA VS. UNION OF INDIA , (2013) 359 ITR 515 (KAR) COMMISSIONER OF INCOME TAX VS. MANJUNATHA COTTON & GRINNING FACTORY AND COMMISSIONER OF INCOME TAX VS. RAMPUR ENGINEERING C O. LTD. (2009) 309 ITR 143 (DEL) & PCIT V/S. DR. MURARI MOHAN KOLEY ITAT NO. 306 OF 2017 GA NO. 2968 OF 2017 DT. 18.7.2018 (CAL). THEIR LORDSHIPS DECIDE THE IS SUE IN ASSESSEES FAVOUR THAT SUCH A COMPLIANCE HAS TO COM E AT THE TIME OF FINALIZATION OF ASSESSMENTS PROCEEDINGS AS WELL. WE THUS REJECT THE REVENUES FOREGOING STAND RELYING ON BOTH THE LOWER AUTHORITI ES ACTION IMPOSING THE IMPUGNED PENALTY(IES). SAME ARE DIRECTED TO BE DELE TED THEREFORE. 3. THIS ASSESSEES FOUR APPEALS ITA NO. 01-04/RAN/2 019 ARE ALLOWED. A COPY OF THE INSTANT COMMON ORDER BE PLACED IN THE R ESPECTIVE CASE FILE(S) . ORDER PRONOUNCED IN OPEN COURT AT THE CLOSE OF HEAR ING ON TUESDAY 1 ST SEPTEMBER, 2020 SD/- SD/- ( ') ($% ') (J.SUDHAKAR REDDY) (S.S.GODARA) (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) *DKP SR.P.S. &- 01 / 09/ 20 20 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-RAVI PRAKASH OJHA D-3, 3 RD F, B S APARTMENT, ROAD, NO.4, CONTRACTOR AREA, BISTUPUR , JAMSHEDPUR-831001 2. /RESPONDENT-ACIT, C.C-1, RANCHI-834001 3. / 2 / CONCERNED CIT RANCHI 4. 2- / CIT (A) RANCHI 5. 5 %%/, /, / DR, ITAT, RANCHI 6. ; / GUARD FILE. BY ORDER/ , /TR UE COPY/ SR. PRIVATE SECRETARY, /,