9911796707
TMI Blog2022 (12) TMI 1075X X X X Extracts X X X X X X X X Extracts X X X X ..... This appeal is filed by the assessee for assessment year 2016-17 against the order of the ld. Commissioner of Income Tax (Appeals)-9, New Delhi [hereinafter referred to as CIT (Appeals)] dated 17.06.2019. 2. The assessee has raised the following grounds of appeal:- 1. "That the Ld. CIT (A) has erred in law and on facts in arbitrarily and mechanically confirming the levy of penalty by Id. AO u/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ered as good compliance and the defaults committed earlier were ignored by the AO himself. 4. That on the facts and in the circumstances of the case, the Ld. CIT(A) erred in fact and in law in upholding the penalty order under section 271(1 )(b) of the Act as valid while' the said penalty order was passed without recording mandatory satisfaction in the assessment order." 3. Brief facts of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d an appeal before the Ld. CIT(A). The Ld. CIT(A) vide order dated 17.06.2019, dismissed the appeal of the assessee by confirming the penalty order passed under section 271(1)(b) of the Act. 4. Aggrieved by the order dated 17.07.2018, passed by the Ld. CIT(A), the assessee has preferred the present appeal on the grounds mentioned above. 5. The Ld. Counsel for the assessee submitted that the Ld. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en issued, but the assessee has failed to file any reply in response to the said notice. It is also not in dispute that the assessment order has been passed under section 142(1) of the Act not under section 144 of the Act, wherein the Ld. A.O. considering the subsequent compliance made by the assessee and by considering the said compliance as good compliance, ignored the default committed earlier. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Ld. CIT(A) was not right in upholding the levy of penalty. Thus, the appeal is allowed." 9. In view of the above discussions, in our considered opinion the penalty order dated 01.08.2018 under section 271(1)(b) of the Act passed by the A.O. and the order of the Ld. CIT(A) dated 17.06.2019 deserves to be set aside by deleting the penalty. Consequently the grounds of appeal of the assessee ar ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
