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TMI Blog2025 (5) TMI 1314X X X X Extracts X X X X X X X X Extracts X X X X ..... Respondent : Shri Ravindra, Sr. DR ORDER PER SIDDHARTHA NAUTIYAL - JUDICIAL MEMBER: This appeal has been filed by the Assessee against the order passed by the Ld. Commissioner of Income Tax (Appeals), (in short "Ld. CIT(A)"), National Faceless Appeal Centre (in short "NFAC"), Delhi confirming levy of penalty under Section 271(1)(c) of the Act vide order dated 30.06.2024 passed for A.Y. 2016-1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sel for the assessee submitted that the assessee had filed appeal before Ld. CIT(A) on 29.04.2021 against the assessment order dated 22.12.2018 passed by the Assessing Officer under Section 143(3) of the Act. However, till date Ld. CIT(A) has not yet passed the order in the appeal challenging the additions made in quantum proceedings before him. However, while the appeal in relation to quantum pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... considered view, in the interest of justice, the levy of penalty is set-aside to the file of Ld. CIT(A), to be taken up along with appeal filed by the assessee against quantum proceedings. The Counsel for the assessee submitted that the assessee has a good case on merits and if given an opportunity of hearing, he would be able to satisfy the Revenue Authorities that this is not a fit case for mak ..... X X X X Extracts X X X X X X X X Extracts X X X X
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