2024 (12) TMI 776

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....l for Income Tax Department, appears on behalf of respondent-Income Tax Department. 2. With the consent finally heard. 3. Regard being had to the similitude of the questions involved, on the joint request of the parties, the matters were analogously heard. 4. W.P.Nos.29393 and 29447 of 2024 are the petitions, wherein, the Assessment Orders for the Assessment Year 2015-16 and 2016- 17 respectively are subject matter of challenge. W.P.Nos.29466 and 29428 of 2024 are the petitions, wherein, the consequential Penalty orders passed on the aforesaid Assessment orders are the subject matter of challenge. 5. The bone of contention of learned counsel for the petitioner is that previously, a Firm namely Sri Annapurna Chemical Industries w....

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....er and the impugned Assessment orders and Penalty orders were wrongly passed. 6. Learned Standing Counsel for Income Tax Department submits that information about the dissolution of the Firm was not communicated to the present Department. The Firm through prescribed form provided E-mail (page No.17) with I.A.No.2 of 2024 and communication about the orders of Assessment were sent to the said E-mail address. Thus, there is no procedural infirmity in the matter and the petitioner has remedy of appeal against the impugned orders. 7. The parties confined their arguments to the extent indicated above. 8. We have heard the parties and perused the record. 9. The Form-C aforesaid shows that the Firm stood dissolved way back in 2008. Ther....