Appeal details
Counselvise Citation
[2021] 107 COUNSELVISE.COM (IT) 7044 (ITAT-HYDERABAD)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
2 year(s) 2 month(s) 19 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
30-08-2021
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
DB-B
Assessment Year
2010-2011
Appeal Filed On
11-06-2019
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER I.T.A. NO. 986/HYD/2019 ASSESSMENT YEAR: 2010-11 DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDERABAD VS SRI VENKATA RAMANA RAO MANNAM, HYDERABAD [PAN: AOUPM1547G] (APPELLANT) (RESPONDENT) FOR REVENUE : SHRI ROHIT MUJUMDAR, DR FOR ASSESSEE : SHRI P.MURALI MOHANA RAO, AR DATE OF HEARING : 25-08-2021 DATE OF PRONOUNCEMENT : 30-08-2021 O R D E R PER S.S.GODARA, J.M. : THIS REVENUES APPEAL FOR AY.2010-11 ARISES FROM THE CIT(A)-1, HYDERABADS ORDER DATED 08-03-2019 PASSED IN CASE NO.0108 / 2017-18 / DCIT, CIRCLE-1(1), HYD / CIT(A) -1 / HYD / 2018-19, INVOLVING PROCEEDINGS U/S. 271(1)(C) OF THE INCOME TAX ACT, 1961 [IN SHORT, THE ACT]. 2. WE NOW ADVERT TO THE REVENUES SOLE SUBSTANTIVE GROU ND AGAINST THE CIT(A)S ACTION DELETING SECTION U/S.271( 1)(C) PENALTY OF RS.1,06,00,000/- IMPOSED IN THE ASSESSIN G OFFICERS ORDER DT.25-09-2013. ITA NO. 986/HYD/2019 :- 2 -: 3. IT TRANSPIRES DURING THE COURSE OF HEARING AT THE OUTS ET THAT THE ASSESSING OFFICERS CORRESPONDING PENALTY SHO W CAUSE NOTICE DT.25-03-2013 (PAGE 1 IN PAPER BOOK) NOWHERE S PECIFIED AS TO WHETHER THE ASSESSEE HAD CONCEALED THE PARTICUL ARS OF INCOME OR FURNISHED INACCURATE PARTICULARS OF INCOME . WE QUOTE, HON'BLE JURISDICTIONAL HIGH COURTS DECISION P R.CIT VS. BAISETTY REVATHI [398 ITR 88] (TELANGANA & AP) AND MOHD.FARHAN A.SHAIKH VS. DCIT (2021) [125 TAXMANN.C OM 253] (BOM) (FB) THAT SUCH A FAILURE RENDERS THE ENTIRE PENAL MECHANISM AS INVALID. WE THEREFORE UPHOLD THE CIT(A) S ACTION DELETING THE IMPUGNED PENALTY ON THIS PRECISE LEGAL I SSUE ALONE. 4. THIS REVENUES APPEAL IS DISMISSED IN ABOVE TERMS . ORDER PRONOUNCED IN THE OPEN COURT ON 30 TH AUGUST, 2021 SD/- SD/- (LAXMI PRASAD SAHU) (S.S.G ODARA) ACCOUNTANT MEMBER JUDICIAL MEM BER HYDERABAD, DATED: 30-08-2021 TNMM ITA NO. 986/HYD/2019 :- 3 -: COPY TO : 1.DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDER ABAD. 2.SRI VENKATA RAMANA RAO MANNAM, NO.157, ROAD NO.72 , JUBILEE HILLS, HYDERABAD. 3.CIT(APPEALS)-1, HYDERABAD. 4.PR.CIT-1, HYDERABAD. 5.D.R. ITAT, HYDERABAD. 6.GUARD FILE.
