Pr Commissioner Of Income Tax, Kota v. M/S. Chambal Fertilizers And Chemicals Ltd, Gadepan, Kota

HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR D.B. Income Tax Appeal No. 220/2018 Pr Commissioner Of Income Tax, Kota ----Appellant Versus M/s. Chambal Fertilizers And Chemicals Ltd, Gadepan, Kota ----Respondent For Appellant(s) : Ms. Parinitoo Jain, through VCFor Respondent(s): Mr. Sanjay Jhanwar (Senior Advocate)through VC HON'BLE THE CHIEF JUSTICE MR. AKIL KURESHI HON'BLE MR. JUSTICE MANOJ KUMAR VYAS 16/02/2022 Order Revenue has filed this appeal to challenge the order of theIncome Tax Appellate Tribunal dated 18.01.2018. Question relatesto deletion of penalty on the additions of Rs.3.62 crores (roundedoff) made by the assessing officer declining the assessee’s claimunder Section 80IA of the Income Tax Act, 1961. It emerges fromthe record that the quantum of additions has been deleted and thesame was also confirmed by the High Court. The second questionis in relation to penalty of disallowance of interest. Here also itappears that the issue was referred back to the assessing officer. In that view of the matter no question of law arises. Appealis dismissed. (MANOJ KUMAR VYAS),J (AKIL KURESHI),CJ BRIJ MOHAN GANDHI /36