2022 (10) TMI 447

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....Sh. Amarbir Singh, CA And Sh. Utkarsa Kumar Gupta, Advocate For the Respondent : Sh. Jeetendra Chand, Senior Departmental Representative ("Sr. DR" for short) ORDER PER ANADEE NATH MISSHRA, AM (A) This appeal by Assessee is filed against the order of Learned Commissioner of Income Tax (Appeals)-31, New Delhi ["Ld. CIT(A)", for short], dated 13/05/2019 for Assessment Year 2017-18. Gro....

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....said penalty of Rs.6,62,100/-. Aggrieved again, the assessee has filed this present appeal in Income Tax Appellate Tribunal ("ITAT" for short) against the aforesaid impugned appellate order dated 13/05/2019 of the Ld. CIT(A). In the course of appellate proceedings in Income Tax Appellate Tribunal, a compilation of case laws containing copies of the following orders was filed from the assessee's si....

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....essee as well as the learned Sr. DR for the Revenue were in agreement that the issue in dispute regarding levy of penalty u/s 271C of IT Act is squarely covered in favour of the assessee and against the Revenue by aforesaid orders of Co-ordinate Benches of ITAT, Delhi in the aforesaid cases of M/s Tulip Infratech Private Limited Vs. ACIT (supra), Spaze Tower Pvt. Ltd. Vs. JCIT (supra), M/s Perfect....

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...., Spaze Tower Pvt. Ltd. Vs. JCIT (supra), M/s Perfect Constech Pvt. Ltd. Vs. Addl. CIT (supra), M/s Santure Infrastructure Pvt. Ltd. Vs. ACIT (supra), Shiv Sai Infrastructure (P) Ltd. Vs. ACIT (supra) and M/s Sarv Estate Pvt. Ltd. Vs. JCIT (supra). (B.2.1) In view of the foregoing, and respectfully following the aforesaid orders passed by Co-ordinate Benches of ITAT, Delhi; we set aside the iss....