The Sub Registrar, Khed No. 2, Pune V. Director of Income-tax,

ITA 970/PUN/2016

• Counselvise Citation: [2018] 121 COUNSELVISE.COM (IT) 7707 (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: 2015-2016
• Appeal Filed On: 11-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIVEK AGGARWAL
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUNE . , , , BEFORE SHRI D. KARUNAKARA RAO, AM AND SHRI VIKAS AWASTHY, JM . / ITA NO .970/PUN/2016 / ASSESSMENT YEAR : 2015 - 16 THE SUB REGISTRAR, KHED NO. 2, VISHAL MARKET, CHAKAN SHIKRAPUR ROAD, KHED, PUNE 410501 PAN : ADNPN7689L ....... / APPELLANT / V/S. DIRECTOR OF INCOME TAX, INTELLIGENCE & CRIMINAL INVESTIGATION, PUNE / RESPONDENT ASSESSEE BY : N O N E 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 7 - 02 - 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 . 9 70 /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. 285BA OF THE ACT. THE APPELLANT HAS DIRECTLY FILED APPEAL BEFORE THE TRIBUNAL WITHOUT EXHAUSTIN G THE REMEDY OF FILING FIRST APPEAL BEFORE APPROPRIATE AUTHORITY AS PRESCRIBED UNDER THE ACT. THUS, THE APPEAL IS DISMISSED BEING NON - MAINTAINABLE BEFORE THE TRIBUNAL 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, 2018 . 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