Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (5) TMI 293 - AT - Income TaxPenalty u/s.271(1)(c) - quantum additions have been set aside to the file of AO - HELD THAT:- In so far as the quantum additions in both these appeals are concerned for assessment years 2007-08 and 2008-09 [2019 (4) TMI 857 - ITAT PUNE] , the Pune Bench of the Tribunal has remitted the matter back to the file of Assessing Officer. DR fairly submitted that since quantum addition has been remitted back to the file of Assessing Officer for readjudication, similarly penalty issue should also be restored back to the file of Assessing Officer in the interest of justice. We set aside the orders of the CIT(Appeals) for both the years and remit the matters back to the file of AO to adjudicate in view of the quantum matter already in front of him as per law and after providing reasonable opportunity of hearing to the assessee. Both the appeals of the Revenue are allowed for statistical purposes.
|