Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 3, Cited by 2]

Calcutta High Court

Commissioner Of Income-Tax-Xvi vs Shri Ram Naresh Agarwal (Huf) on 30 March, 2010

Author: Sengupta

Bench: Sengupta

                                     IN THE HIGH COURT AT CALCUTTA
                                        Special Jurisdiction (Income-tax)
                                                Original Side

       Present :
The Hon'ble Justice Sengupta
        And
The Hon'ble Justice Kalidas Mukherjee
     30.03.2010


                                                       ITA 42 of 2010
                                                Commissioner of Income-tax-XVI, Kolkata
                                                             Vs.
                                                  Shri Ram Naresh Agarwal (HUF)

        The Court :- In terms of our earlier order supplementary affidavit has been filed wherein

the proposed question of law which claimed to be substantial one has been stated. Those proposed

questions of law are as follows :-

        "I)     Whether on the facts and in the circumstances of the case of the Income Tax

Appellate Tribunal, erred in law in up-holding the order of the Commissioner of Income Tax

(Appeal) deleting/cancelling the penalty of Rs. 7,50,000/- imposed by the Assessing Officer under

section 271(1)(c ) of the Income Tax Act, 1961, without appreciating the fact and circumstances

under which the addition was made on account of unexplained cash credit under Section 68 of

Income Tax Act, 1961 ?

         II)       Whether on the facts and in the circumstances of the case of the Income Tax

                   Appellate Tribunal, erred in law in up-holding the order of the Commissioner of

                   Income Tax (Appeal) deleting/cancelling the penalty of Rs.7,50,000/- imposed

                   by the Assessing Officer under section 271(1)(c ) of the Income Tax Act, 1961

                   on the ground that the same is not leviable as the respondent/assessee had
2

voluntarily offered the amount of gift for taxation, thereby ignoring the detailed investigations which forced the assessee to surrender ?"

On reading of the judgment of the learned Tribunal and the Commissioner we are of the view that no question of law involved in this matter since the Commissioner and the learned Tribunal after appreciating the facts and circumstances felt that imposition of penalty of Rs. 7,50,000/- was not warranted as it was held that the same was not leviable because respondent/assessee has voluntarily offered the amount of gift for taxation. According to us imposition of penalty is levied only when there is wilful, deliberate attempt to evade tax and/or concealment of income. Penalty is a measure when there is some wilful default, and where there is no element of mensrea in technical sense question of taking penal measure does not arise. Both the authorities below on the fact found that there is no element of mensrea. We think that the decision of deleting of amount of penalty was just and proper. The questions sought to be raised herein therefore do not need any scrutiny of this Court. We, therefore, dismiss the appeal.
All parties shall act on a xerox signed copy of this order on usual undertakings.
(Sengupta, J.) (Kalidas Mukherjee, J.) ANC.
3