Shri Shakun R.Batra, Surat v. The Dy.CIT.,Circle-2,, Surat

ITA 1780/AHD/2011 | 2005-2006
Pronouncement Date: 03-02-2012 | Result: Allowed

Appeal Details

RSA Number 178020514 RSA 2011
Bench Ahmedabad
Appeal Number ITA 1780/AHD/2011
Duration Of Justice 6 month(s) 22 day(s)
Appellant Shri Shakun R.Batra, Surat
Respondent The Dy.CIT.,Circle-2,, Surat
Appeal Type Income Tax Appeal
Pronouncement Date 03-02-2012
Appeal Filed By Assessee
Order Result Allowed
Bench Allotted D
Tribunal Order Date 03-02-2012
Date Of Final Hearing 03-01-2012
Next Hearing Date 03-01-2012
Assessment Year 2005-2006
Appeal Filed On 12-07-2011
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD D BENCH . .. . . .. . !! '#$ !! '#$ !! '#$ !! '#$ %& %& %& %& % %% %. .. .' '' ' . .. .() () () () '* + ' $ '* + ' $ '* + ' $ '* + ' $ BEFORE S/SHRI G.C. GUPTA VICE-PRESIDENT AND A. K. GARODIA ACCOUNTANT MEMBER) ITA NO. & ASSTT.YEAR APPELLANT RESPONDENT 1780/AHD/2011 ASSTT.YEAR : 2005-06 SHRI SHAKUN R. BATRA PROP. OF SHIVAM INTERNATIONAL G-3307 SURAT TEXTILE MARKET RING ROAD SURAT. DCIT CIR.2 SURAT. 1781/AHD/2011 ASSTT.YEAR : 2005-06 SMT. KIRAN RAMKSIHAN BATRA PROP. OF SHIVAM INTERNATIONAL G-3307 SURAT TEXTILE MARKET RING ROAD SURAT. DCIT CIR.2 SURAT. 1782/AHD/2011 ASSTT.YEAR : 2005-06 SHRI BIHARILAL K. BATRA PROP. OF KUNAL SILK MILLS G-3302 SURAT TEXTILE MARKET RING ROAD SURAT. DCIT CIR.2 SURAT. 1783/AHD/2011 ASSTT.YEAR : 2005-06 SMT. VIMLARANI BIHARILAL BATRA PROP. OF SHIVAM INTERNATIONAL G-3307 SURAT TEXTILE MARKET RING ROAD SURAT. DCIT CIR.2 SURAT. 1784/AHD/2011 ASSTT.YEAR : 2005-06 SHRI RAMKRISHAN R. BATRA PROP. OF BATRA SILK MILLS G-3307 SURAT TEXTILE MARKET RING ROAD SURAT. DCIT CIR.2 SURAT. ( (( (-. -. -. -. / APPELLANT) ( (( (/0-. /0-. /0-. /0-. / RESPONDENT) ! 12 3 4 '/ ASSESSEE BY : SHRI RASESH SHAH + 3 4 '/ REVENUE BY : SHRI B.L. YADAV !6 3 2*/ DATE OF HEARING : 3 RD JANUARY 2012 7(8 3 2*/ DATE OF PRONOUNCEMENT : 03-02-2012 '9 / O R D E R PER G.C. GUPTA VICE-PRESIDENT: THESE FIVE APPEALS OF THE ASSESSEES FOR A.Y.2005-2006 ARE DIRECTED AGAINST THE ORDERS O F THE COMMISSIONER OF INCOME-TAX (APPEALS) SURAT. THE ONLY COMMON ISSUE IN THESE APPEALS IS REGARDING VALIDITY OF PENALTY IMPOSED UNDER SECTION 271(1)(C) OF THE INCOME ITA NO.1780 TO 1784/AHD/2011 -2- TAX ACT 1961. THEREFORE WE DISPOSE OF ALL THESE APPEALS WITH THIS CONSOLIDATED ORDER FOR THE SAKE OF CONVENIENCE. 2. THE LEARNED COUNSEL FOR THE ASSESSEES SUBMITTED THAT THE ADDITION IN THE ASSESSMENTS OF THESE ASSESSEES WERE DELETED BY THE CONSOLIDATED ORDER OF THE TRIBUNAL IN THE CASE OF THE ASSESSEES FOR THE RELEV ANT ASSTT.YEAR I.E. 2005-2006 IN ITA NOS.762 TO 766/AHD/2009 ORDER DATED 16-9-2011. ACCORDINGLY THERE REMAINS NO BASIS FOR PENALTY LEVIED UNDER SECTION 2 71(1)(C) OF THE ACT. THE LEARNED DR COULD NOT CONTROVERT TO THIS SUBMISSION OF THE LEARNED COUNSEL OF THE ASSESSEES. 3. WE HAVE CONSIDERED RIVAL SUBMISSIONS AND HAVE PE RUSED THE ORDER OF THE TRIBUNAL DATED 16-9-2011 IN THE CASE OF THE ASSESSE ES FOR THE A.Y.2005-2006. WE FIND THAT THE ADDITION MADE IN THE ASSESSMENTS O F THE ASSESSEE FORMING BASIS FOR IMPOSITION OF PENALTY UNDER SECTION 271(1)(C) O F THE ACT HAVE BEEN DELETED BY THE TRIBUNAL VIDE ITS ORDER DATED 16-9-2011 (SUP RA) IN THE ASSESSEES OWN CASE AND ACCORDINGLY THE PENALTY UNDER SECTION 271( 1)(C) OF THE ACT IS LIABLE TO BE CANCELLED. ACCORDINGLY THE PENALTY LEVIED UNDER SECTION 271(1)(C) OF THE ACT IN ALL THESE APPEALS BEFORE US ARE CANCELLED AN D THE GROUNDS OF THE APPEALS OF THE ASSESSEES ARE ALLOWED. 4. IN THE RESULT ALL THE FIVE APPEALS OF THE ASSES SEES ARE ALLOWED. ORDER PRONOUNCED IN OPEN COURT ON THE DATE MENTIONE D HEREINABOVE. SD/- SD/- ( % %% %. .. .' '' ' . .. .() () () () /A.K. GARODIA) '* + /ACCOUNTANT MEMBER ( . .. . . .. . /G.C. GUPTA) '#$ '#$ '#$ '#$ /VICE-PRESIDENT C OPY OF THE ORDER FORWARDED TO: 1) : APPELLANT 2) : RESPONDENT 3) : CIT(A) 4) : CIT CONCERNED 5) : DR ITAT. BY ORDER DR/AR ITAT AHMEDABAD