The Sub Registrar, Haveli No. 10, Pune V. Director of Income-tax,

ITA 969/PUN/2016

• Counselvise Citation: [2018] 121 COUNSELVISE.COM (IT) 7710 (ITAT-PUNE)
• Duration Of Justice: 1 year(s) 11 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-04-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 24-04-2018
• Assessment Year: 2014-2015
• Appeal Filed On: 11-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR VIVEK AGGARWAL
• Assessee Lawyers: SWATI G KALBOR
• Section: 28

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUNE . , , , BEFORE SHRI D. KARUNAKARA RAO, AM AND SHRI VIKAS AWASTHY, JM . / ITA NO . 969 /P U N/201 6 / ASSESSMENT YEAR : 20 15 - 16 THE SUB REGISTRAR HAVELI NO. 10, PUNE, GOVERNMENT PHOTO REGISTRY OFFICE BUILDING, 5, FINANCE ROAD, PUNE 411001 PAN : AGTPM1710G ....... / APPELLANT / V/S. DIRECTOR OF INCOME TAX, INTELLIGENCE & CRIMINAL INVESTIGATION, PUNE / RESPONDENT ASSESSEE BY : S MT. SWATI G. KALBOR REVENUE BY : DR. VIVEK AGGARWAL / DATE OF HEARING : 24 - 04 - 201 8 / DATE OF PRONOUNCEMENT : 24 - 0 4 - 201 8 / ORDER PER VIKAS AWASTHY, JM : TH IS APPEAL IS DIRECTED AGAINST THE ORDER OF DIRECTOR OF INCOME TAX (INTELLIGENCE & CRIMINAL INVESTIGATION) DATED 1 6 - 03 - 2016 FOR THE ASSESSMENT YEAR 2015 - 16. 2. THE DIRECTOR OF INCOME TAX (INTELLIGENCE & CRIMINAL INVESTIGATION) HAS LEVIED PENALTY U/S. 271FA O F THE INCOME TAX ACT, 1961 (HEREINAFTER 2 ITA NO . 969/PUN/2016, A.Y. 2015 - 16 REFERRED TO AS THE ACT ) FOR NON - FURNISHING OF STATEMENT OF FINANCIAL TRANSACTIONS (AIR INFORMATION) AS ENVISAGED U/S. 28 5BA OF THE ACT. THE APPELLANT HAS DIRECTLY FILED APPEAL BEFORE THE TRIBUNAL WITHOUT EXHAUSTING THE REMEDY OF FILING FIRST APPEAL BEFORE APPROPRIATE AUTHORITY AS PRESCRIBED UNDER THE ACT. THUS, THE APPEAL IS DISMISSED BEING NON - MAINTAINABLE BEFORE THE TRI BUNAL DIRECTLY . 3. IN THE RESULT, THE APPEAL OF APPELLANT IS DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON TUESDAY, THE 24 TH DAY OF APRIL, 201 8 . SD/ - SD/ - ( . /D. KARUNAKARA RAO ) ( / VIKAS AWASTHY) / ACCOUNTANT MEMBER / JUDICIAL MEMBER / PUNE; / DATED : 24 TH APRIL, 2018 RK / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE DIRECTOR OF INCOME TAX (I&CI), PUNE 4 . , , , / DR, ITAT, B BENCH, PUNE. 5 . / GUARD FILE. / / // TRUE COPY// / BY ORDER, / PRIVATE SECRETARY, , / ITAT, PUNE