Commissioner Of Income Tax, Bikaner v. Krishi Upajmandi Samiti, Gharsana(D. B. Income Tax Appeal

Commissioner of Income Tax, Bikaner Vs. Krishi UpajMandi Samiti, Gharsana(D. B. INCOME TAX APPEAL NO.153/2014) Date of Order : 10.5.16 HON'BLE MR. JUSTICE SANGEET LODHAHON'BLE MR. JUSTICE KAILASH CHANDRA SHARMA Mr. K.K. Bissa, for the appellant. 1.Heard learned counsel for the appellant. 2.This appeal is directed against the order dated 24.2.14 ofthe Income Tax Appellate Tribunal (ITAT), Jodhpur Bench,Jodhpur, whereby the order passed by the Commissioner ofIncome Tax (Appeals) [CIT (A)], deleting the penalty imposed bythe Assessing Officer under Section 271 (1)(c) of the Income TaxAct, 1961 ( for short “the Act”), has been affirmed.the Income Tax Appellate Tribunal (ITAT), Jodhpur Bench,Jodhpur, whereby the order passed by the Commissioner ofIncome Tax (Appeals) [CIT (A)], deleting the penalty imposed bythe Assessing Officer under Section 271 (1)(c) of the Income TaxAct, 1961 ( for short “the Act”), has been affirmed. 3.The appeals involving identical question preferred by theRevenue against the common order passed by the ITAT, deletingthe additions made by the Assessing Officer, stand dismissed bythis Court vide order dated 26.4.16 passed in D.B.Income TaxAppeal No.47/13 (Commissioner of Income Tax, Bikaner vs.Krishi Upaj Mandi Samiti, Raisinghnagar) & other connectedappeals, and therefore, the order impugned passed by the ITATdeleting the penalty under Section 271 (1)(c) of the Act, relatingto the addition made by the Assessing Officer, which alreadystands deleted, does not warrant any interference by this Court. 4.Accordingly, the appeal is hereby dismissed. Vij82(KAILASH CHANDRA SHARMA), J. (SANGEET LODHA), J.