The Commissioner Of Income Tax-V } v. A.a.sayed, J.) (S.c.dharmadhikari, J
High Court
15 Nov 2014 In favour of: Assessee
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax-V } v. A.a.sayed, J.) (S.c.dharmadhikari, J
Date of order
15 Nov 2014
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income Tax-V } v. A.a.sayed, J.) (S.c.dharmadhikari, J, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1645 OF 2012
The Commissioner of Income Tax-V}AppellantversusPrima Paper and Engg. Pvt. Ltd.}Respondent
Mr. Tejveer Singh for the Appellant.
CORAM :-S.C.DHARMADHIKARI &A.A.SAYED, JJ.DATED :-NOVEMBER 15, 2014
P.C. :-
Heard Shri. Tejveer Singh. The Revenue is in Appeal against the order of Tribunal dated 29[th] November, 2011. These are orders passed in four Appeals for the assessment years 2000-01 to 2003-04. They are on the point of deletion of the penalty. The penalty has been deleted by the Tribunal after recording a complete satisfaction that the ingredients of section 271(1)(c) of the Income Tax Act, 1961 are not fulfilled. The reasons assigned in para 9 for deletion of the penalty would denote that the necessary and requisite ingredients of this section are not attracted. The issue was debatable. In the facts and circumstances, the Tribunal's order does not raise any substantial question of law. The Appeal is dismissed. No order as to costs.
(A.A.SAYED, J.) (S.C.DHARMADHIKARI, J.)
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