MURARI LAL MITTAL, Jaipur V. ACIT, Jaipur

ITA 857/JPR/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 5378 (ITAT-JAIPUR)
• Duration Of Justice: 2 year(s) 5 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-04-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 14-11-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: CHANCHAL MEENA JCIT DR DHK
• Section: 153A

Judgement Text

ITA NO. 857/JP/2013 S HRI MURARI LAL MITTAL VS. ACIT, CENTRAL CIRCLE- 3, JAIPUR 1 VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES, JAIPUR JH VKJ-IH-RKSYKUH] U;KF;D LNL; ,OA JH FOE FLA G ;KNO] YS[KK LNL; DS LE{K BEFORE:SHRI R.P.TOLANI, JM & SHRI VIKRAM SINGH YADA V, AM VK;DJ VIHY LA-@ ITA NO. 857/JP/2013 FU/KZKJ.K O'K Z@ ASSESSMENT YEAR : 2007-08 SHRI MURARILAL MITTAL B-18,SARDAR PATEL MARG CHOMU HOUSE, JAIPUR CUKE VS. THE ACIT CENTRAL CIRCLE- 3 JAIPUR LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN/GIR NO .: ACCPM 1182 D VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI VIJAY GOYAL, CA JKTLO DH VKSJ LS@ REVENUE BY : MS. CHANCHAL MEENA, JCIT -DR LQUOKBZ DH RKJH[K@ DATE OF HEARING : 12/04/2016 ?KKS'K .KK DH RKJH[K@ DATE OF PRONOUNCEMENT : 27 /04/2016 VKNS'K@ ORDER PER R.P. TOLANI, JM:- THE ASSESSEE HAS FILED AN APPEAL AGAINST THE ORDER OF THE LD. CIT(A), CENTRAL, JAIPUR DATED 23-09-2013 FOR THE ASSESSEE 2 007-08 RAISING THEREIN SOLITARY GROUND AS UNDER:- ON THE FACTS AND IN THE CIRCUMSTANCES OF THE CASE AND IN LAW THE LD. CIT(A) ERRED IN CONFIRMING THE IMPOSITI ON OF PENALTY UNDER EXPLANATION 5A OF SECTION 271(1)(C ) @ 100% ON TAX EVADED ON RS. 64,24,838/- BEING THE AMOUNT DECL ARED BY THE ASSESSEE IN THE RETURN FILED U/S 153A OF THE ACT AN D ON RS. 35,436/- BEING THE AMOUNT OF THE ADDITION AND FINAL LY SUSTAINED ON ACCOUNT OF DIFFERENCE IN THE ACCOUNT OF PHARMAC EUTICAL COMPANIES MORE SO WHEN THE AO HIMSELF HAS NOT IMPOS ED PENALTY ON THIS AMOUNT OF RS. 35,436/-. ITA NO. 857/JP/2013 S HRI MURARI LAL MITTAL VS. ACIT, CENTRAL CIRCLE- 3, JAIPUR 2 2. DURING THE COURSE OF HEARING, THE LD.AR OF THE A SSESSEE VIDE HIS APPLICATION DATED 12-04-2016 HAS REQUESTED FOR WIT HDRAWAL OF THE APPEAL FOR WHICH THE LD. DR HAS NO OBJECTION. HENCE, WE ALLOW THE ASSESSEE TO WITHDRAW THE APPEAL. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 27 /04/2 016. SD/- SD/- FOE FLAG ;KNO VKJ-IH-RKSYKUH (VIKRAM SINGH YADAV) (R.P.TOLANI) YS[KK LNL;@ ACCOUNTANT MEMBER U;KF;D LNL;@ JUDICIAL MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 27 /04/ 2016 *MISHRA VKNS'K DH IZFRFYFI VXZSFKR@ COPY OF THE ORDER FORWARDED TO: 1. VIHYKFKHZ@ THE APPELLANT- SHRI MURARI LAL MITTAL, JAIPUR 2. IZR;FKHZ@ THE RESPONDENT- THE ACIT, CENTRAL CIRCLE- 3, JAIP UR 3. VK;DJ VK;QDRVIHY ) @ CIT(A) 4. VK;DJ VK;QDR@ CIT 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR 6. XKMZ QKBZY@ GUARD FILE (ITA NO.857/JP/2013) VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASSISTANT. REGISTRAR