CHEVRON METAL PRODUCTS P LTD., MUMBAI V. ASST. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-45, MUMBAI

MA 221/MUM/2023

AI Insights

The case involves Chevron Metal Products Pvt. Ltd., the appellant, who filed a miscellaneous application against an order of the Income Tax Appellate Tribunal concerning the assessment years 2011-12 to 2013-14. The original ITA order dated 29.11.2022 did not decide on the penalty appeal for AY 2011-12, which was a significant oversight as the assessee had challenged the penalty imposed by the Assessing Officer under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal acknowledged this oversight and recalled the order to specifically address the penalty appeal for AY 2011-12.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 125422 (ITAT-MUMBAI)
• Duration Of Justice: 3 month(s) 23 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 22-06-2023
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: C
• Next Hearing Date: 25-05-2023
• Assessment Year: 2011-2012
• Appeal Filed On: 01-03-2023
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, MUMBAI BEFORE SHRI ABY T. VARKEY, JM AND SHRI S. RIFAUR RAHMAN, AM MA. No. 221/Mum/2023 (Arising out of I.T.A. No. 999/Mum/2022 (निर्धारण वर्ा / Assessment Year: 2011-12) M/s. Chevron Metal Products Pvt. Ltd. 22-A Panton Bunder Road, Near, Britannia Darukhana, Raey Road, Mumbai- 400010. बिधम/ Vs. ACIT, Central Circle 8(2) Aayakar Bhavan, Mumbai-400020. स्थधयी लेखध सं./जीआइआर सं./PAN/GIR No. : AAACC2190E (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) सुनवाई की तारीख / Date of Hearing: 26/05/2023 घोषणा की तारीख /Date of Pronouncement: 23/06/2023 आदेश / O R D E R PER ABY T. VARKEY, JM: This Miscellaneous Application has been preferred by the assessee against the order passed by this Tribunal in ITA. Nos. 999, 1000 &1001/Mum/2022 for AY. 2011-12 to 2013-14 dated 29.11.2022. 2. On perusal of the application (MA) filed by assessee, we note that by passing the impugned order, this Tribunal has not decided the appeal preferred by the assessee for AY. 2011-12 (ITA. No. 999/Mum/2022) wherein it has challenged the action of the Ld. CIT(A) dismissing the penalty appeal of the assessee passed by the AO u/s 271(1)(c) of the Income Tax Act, 1961 (hereinafter “the Act”). We note that even though in the caption of the impugned order in ITA. No.999/Mum/2022 for AY. 2011-12 has been cited, but this Tribunal has not decided the same. Therefore, for the limited purpose, we recall Assessee by: None Revenue by: Shri Anil Gupta (Sr. AR) MA. No.221/Mum/2023 A.Y. 2011-12 Chevron Metal Products Pvt. Ltd. 2 the impugned order for adjudicating the penalty appeal for AY 2011- 12 (ITA. No.999/Mum/2022). 3. In the result, miscellaneous application of the assessee is allowed. Order pronounced in the open court on this 23/06/2023. Sd/- Sd/- (S. RIFAUR RAHMAN) (ABY T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai; Dated 23/06/2023. Vijay Pal Singh, (Sr. PS) आदेश की प्रनिनलनि अग्रेनर्ि/Copy of the Order forwarded to : 1. अपीलार्थी / The Appellant 2. प्रत्यर्थी / The Respondent. 3. आयकर आयुक्त / CIT 4. ववभागीय प्रवतवनवि, आयकर अपीलीय अविकरण, मुुंबई / DR, ITAT, Mumbai 5. गार्ड फाईल / Guard file. आदेशधिुसधर/ BY ORDER, सत्यावपत प्रवत //True Copy// उि/सहधयक िंजीकधर /(Dy./Asstt. Registrar) आयकर अिीलीय अनर्करण, मुुंबई / ITAT, Mumbai