RANA RAVI SINGH & SONS (HUF),DHANBAD V. ITO, WARD-2(10, DHANBAD

ITA 93/RAN/2025

AI Insights

The case involves two appeals filed by Rana Ravi Singh & Sons (HUF) against the orders of the CIT(A), National Faceless Appeal Centre, Delhi, which confirmed the penalties levied under sections 271AA and 270A for the assessment year 2017-2018. The primary contention was that the quantum assessment issues had been restored to the AO by the CIT(A) for re-evaluation, which the assessee argued rendered the penalties irrelevant. The Senior Departmental Representative supported the original orders. However, the Tribunal agreed with the assessee, leading to the quashing of the penalties.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 827224 (ITAT-RANCHI)
• Duration Of Justice: 8 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-01-2026
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2017-2018
• Appeal Filed On: 11-04-2025
• Laws Referred To: Income Tax Act
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RAM CHANDRA MARNDI
• Assessee Lawyers: DE V E P O D D; O T E

Judgement Text

" आयकर अपीलीय अधिकरण, र ाँची न्य यपीठ, र ाँची IN THE INCOME TAX APPELLATE TRIBUNAL RANCHI BENCH, RANCHI BEFORE SHRI GEORGE MATHAN, JM & SHRI RATNESH NANDAN SAHAY, AM आयकर अपील सं./ITA No.93 & 94/RAN/2025 (निि ारण वर्ा / Assessment Year :2017-2018) Rana Ravi Singh & Sons (HUF), Karmatand, Damodarpur, Dhanbad, Jharkhand-826001 Vs. ITO Ward-2(1), Dhanbad स्थायी लेखा सं./PAN No. : AAPHR 7525 G (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) निर्ाारिती की ओर से /Assessee by : Shri Devesh Poddar, Advocate राजस्व की ओर से /Revenue by : Shri Ram Chandra Marndi, Sr. DR सुनवाई की तारीख / Date of Hearing : 06/01/2026 घोषणा की तारीख/Date of Pronouncement : 06/01/2026 आदेश / O R D E R Per Bench : These two appeals are filed by the assessee against the separate orders passed by the ld.CIT(A), National Faceless Appeal Centre (NFAC), Delhi, dated 14.02.2025 for the assessment year 2017-2018, thereby confirming the penalty levied u/s.271AA and 270A of the Act. 2. It was submitted by the ld.AR that in the quantum assessment. The ld. CIT(A), NFAC has vide his order dated 21.01.2025 restored the issues to the appeal of the AO for readjudication. It was the submission that as the penalties no more survive, therefore, the penalties levied u/s.271AA and 270A of the Act are liable to be quashed. 3. In reply, ld.Sr. DR vehemently supported the orders of the authorities below. 4. We have considered the rival submissions. As it is noticed that the quantum assessment in the case of the assessee has been restored to the Printed from counselvise.com ITA No.93&94/Ran/25 2 file of the ld. AO by the ld.CIT(A) vide his order dated 21.01.2025 for readjudication, the very legs for levy of penalty nor more survive. Consequently, the penalties levied u/s.271AA and 270A of the Act in both the appeals of the assessee stands quashed. Liberty is available with the AO to initiate fresh penalty proceedings, if the AO is so satisfied. 5. In the result, both appeals of the assessee are allowed. Order dictated and pronounced in the open court on 06/01/2026. Sd/- (RATNESH NANDAN SAHAY) Sd/- (GEORGE MATHAN) लेख सदस्य / ACCOUNTANT MEMBER न्य नयक सदस्य / JUDICIAL MEMBER र ाँची Ranchi; दिनांक Dated 06/01/2026 Prakash Kumar Mishra, Sr.P.S. आदेश की प्रनिललपप अग्रेपर्ि/Copy of the Order forwarded to : आदेश िुस र/ BY ORDER, (Senior Private Secretary) आयकर अपीलीय अधिकरण, र ाँची / ITAT, Ranchi 1. अपीलार्थी / The Appellant- . 2. प्रत्यर्थी / The Respondent- 3. आयकि आयुक्त(अपील) / The CIT(A), 4. आयकर आयुक्त / CIT 5. निभागीय प्रनतनिनर्, आयकि अपीलीय अनर्किण, र ाँची / DR, ITAT, Ranchi 6. गार्ड फाईल / Guard file. सत्यापपत प्रतत //True Copy// Printed from counselvise.com "