Samvidha Marketing Pvt. Ltd.(Formerly Known as G S Finance and investment Pvt. Ltd.), New Delhi V. ITO ward 22(2), New Delhi

ITA 6524/DEL/2019

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 9655 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 1 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-09-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: G
• Assessment Year: 2009-2010
• Appeal Filed On: 04-08-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 27

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” DELHI BEFORE SHRI CHANDRA MOHAN GARG, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.A. No.6524/DEL/2019 Assessment Year 2009-10 Samvidha Marketing Pvt. Ltd. (Formerly Known as G.S. Finance and Investment Pvt. Ltd.), 602, D-8, Rose Apartment, Ward No.3, Mehrauli, New Delhi. v. ITO, Ward-22(2), New Delhi. TAN/PAN: AARCS2104B (Appellant) (Respondent) Appellant by: Shri Vikash Jain Adv Respondent by: Shri Jeetender Chand, Sr.DR Date of hearing: 29 09 2022 Date of pronouncement: 29 09 2022 O R D E R PER PRADIP KUMAR KEDIA, A.M.: The ca pti on ed ap pe al h as b ee n f ile d b y the a ss es se e ag ai ns t th e ord er of the C o m mi ssi on er of Inc o me Ta x (A pp ea ls ) -XXV , Ne w Del hi da ted 11 .0 6. 20 19 a ri si ng f ro m t he p en alt y o rder p a sse d b y th e As ses si ng Of f icer u/s . 27 1( 1)( c) o f the Ac t da te d 24. 11 .2 01 7 con ce rn in g As se ss me nt Y ear 20 09 - 10. Th e as ses se e is ma in l y agg ri ev ed b y l ev y o f pen al t y of R s. 8, 0 6,9 90 /- . 2. At t he o ut se t, t he l d. c ou ns el f or t he a sse ss ee su b mitt ed t hat in the q ua nt u m pro ce edi ng s, t he T ri bu na l vid e or de r date d 10. 04 .2 01 8 in I TA No .1 68 3/ De l/2 01 4 h as re sto re d the ma tt er b ack t o the f i le of the A ss es si ng Of f icer f or ad ju dic at io n o n me rit s and c o nse qu en tl y, the i mpo si ti on of p ena lt y i s d ep en den t up on t he ou tc o me of qua nt u m I.T.A. No.6524/DEL/2019 2 pro ce ed in gs pe nd in g b ef or e As se ssi ng Of f icer . 3. The L ea rne d De p art me nt R epr es en t ati ve en do rs ed th at th e qua nt u m pr oce ed in gs h as b ee n re st o red bac k t o th e file of the As ses si ng Of f ic er f or f r es h a dj ud ic at io n. 4. Af ter c on si der in g t he af or esa id s ub mi ssi on s, w e f i nd th at in the qua nt u m pr oce edi ng s, t he Tri bu na l ha s re st ore d th e mat te r ba ck to t he f il e of th e As ses si ng Of f icer . Con se qu en tl y, t he i mp ug ne d dis pu te ch al len gi n g i mp osi ti on of pe nal t y sh ou ld also be r es to re d bac k to th e f ile o f the As se ss in g O f f icer. T he i mp ug n ed p ena lt y ord er i s t hu s se t as i de. 5. The As se ss in g Of f icer s ha ll b e at li be rt y t o p ass a f res h ord er f or i mpo si ti on of pen al t y, if c on sid e red ex pe di en t, i n acc or da nce wit h la w h av in g r e gar d t o th e f in di ng s of q ua nt u m pr oc e edi ng s af t er tak in g in to ac co un t t he po si ti on of l aw an d f ac ts in t h e l ig ht of dec is io n ren de re d i n q ua nt u m p ro ce edi ng s. 6. In t he re su lt , th e app eal of the a sse ss ee i s al lo we d f or sta ti st ica l pu rp os es . Order pronounced in the open Court on 29.09.2022. Sd/- . Sd/- [CHANDRA MOHAN GARG] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: .09.2022 Prabhat