Ratna Talwar, Delhi V. ACIT, Central Circle- 4, New Delhi

ITA 5720/DEL/2019

• Counselvise Citation: [2022] 107 COUNSELVISE.COM (IT) 0695 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-07-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: F
• Assessment Year: 2011-2012
• Appeal Filed On: 30-06-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’, NEW DELHI Before Sh. Saktijit Dey, Judicial Member Dr. B. R. R. Kumar, Accountant Member ITA No. 5718/Del/2019 : Asstt. Year : 2010-11 Ratnashri Buildtech Pvt. Ltd., C/o Kapil Goel, Adv., F-26/124, Sector-7, Rohini, New Delhi-110085 Vs ACIT, Central Circle-4, New Delhi (APPELLANT) (RESPONDENT) PAN No. AADCR8863Q ITA No. 5719/Del/2019 : Asstt. Year : 2010-11 ITA No. 5720/Del/2019 : Asstt. Year : 2011-12 ITA No. 5721/Del/2019 : Asstt. Year : 2012-13 ITA No. 5722/Del/2019 : Asstt. Year : 2013-14 Ratna Talwar, C/o Kapil Goel, Adv., F-26/124, Sector-7, Rohini, New Delhi-110085 Vs ACIT, Central Circle-4, New Delhi (APPELLANT) (RESPONDENT) PAN No. ACGPT9955M Assessee by : Sh. Kapil Goel, Adv. Revenue by : Ms. Indu Bala Saini, Sr. DR Date of Hearing: 30.06.2022 Date of Pronouncement: 04.07.2022 ORDER Per Dr. B. R. R. Kumar, Accountant Member: The present appeals have been filed by the assessee against the orders ld. CIT(A)-23, New Delhi dated 07.06.2019. ITA Nos. 5718 to 5722/Del/2019 Ratnashri Buildtech Pvt. Ltd. & Ratna Talwar 2 2. Since, the issues involved in all these appeals are identical, they were heard together and being adjudicated by a common order. 3. As per its grounds of appeal, the assessee has challenged the imposition of penalty u/s 271(1)(c) of varied amounts in other captioned appeals for different Assessment Years. 4. When the matter was called for hearing, the ld. Counsel referred to the decision rendered by the Co-ordinate Bench in bunch of group cases including the captioned assessee passed in quantum proceedings vide order dated 19.01.2021 wherein the quantum addition has been deleted. 5. The ld. DR for the Revenue did not rebut any of the observations made on behalf of the assessee. 6. On consideration of rival submissions and perusal of the case records, we notice that the quantum appeals in relation to the captioned appeals have been adjudicated in favour of the assessee. Hence, the order of penalty levied is liable to be quashed. 7. In the result, all the appeals of the assessee are allowed. Order Pronounced in the Open Court on 04/07/2022. Sd/- Sd/- (Saktijit Dey) (Dr. B. R. R. Kumar) Judicial Member Accountant Member Dated: 04/07/2022 *Subodh Kumar, Sr. PS*