Income Tax Appellate Tribunal - Hyderabad
The Karimnagar District Cooperative ... vs Dy. Commissioner Of Income Tax, (I & Ci), ... on 9 August, 2019
IN THE INCOME TAX APPELLATE TRIBUNAL
Hyderabad Benches, 'B' Bench, Hyderabad
Before Smt. P. Madhavi Devi, Judicial Member
AND
Shri S. Rifaur Rahman, Accountant Member
ITA Nos. 447 to 452/Hyd/2019
A.Ys: 2011-12, 2012-13, 2013-14, 2014-15, 2015-16
and 2016-17
The Karimnagar District Director of Income Tax
Co-operative Central Bank Vs (I & CI)
Limited 4th floor, Aayakar bhavan
2-6-76, Market road Basheerbagh
Opp. One Town Police Station Hyderabad
Karimnagar
PAN: AABAT0905H
(Appellant) (Respondent)
For Assessee : Shri A.V. Raghuram, AR
For Revenue : Sh. Nilanjan Dey, DR
Date of Hearing: 06/08/2019
Date of Pronouncement: ..../08/2019
ORDER
PER P.MADHAVI DEVI, J.M.
All these appeals are filed by assessee for A.Ys. 2011- 12 to 2016-17 against the order dated 30.01.2019 of the CIT(A)-2, Hyderabad holding that the appeals against the penalty order u/s 271FA are not maintainable as no appeal lies against such order u/s 246A of the I.T. Act.
2. However, Ld.Counsel for the assessee has referred to Sub-Clause 'Q' of Sec.246A of the I.T. Act which provides for an appeal against the order imposing penalty under Chapter XXI of the I.T. Act.
ITA Nos. 447 to 452/Hyd/19 AYs: 2011-12 to 2016-17 The Karimnagar District Cooperative Central Bank Ltd., Karimnagar
3. We find that the penalty u/s 271FA of the Act is a penalty imposed under Chapter XXI of the I.T. Act. Therefore, it is clearly appealable order and the CIT(A) is incorrect in holding that no appeal lies against the order u/s 271FA.
4. In the result, we set aside the matter to the file of CIT(A) for re-adjudication on merits.
5. In the result, all the appeals of the assessee are treated as 'allowed for statistical purposes'. Order pronounced in the Open Court on 09th August, 2019.
Sd/- Sd/-
(S.Rifaur Rahman) (P. Madhavi Devi)
Accountant Member Judicial Member
Dated: 09th August, 2019.
*Gmv
Copy to:
1. The Karimnagar District Cooperative Central Bank Ltd., 2-6-76, Market road, Opp. One Town Police Station, Karimnagar 505 001.
2. DIT (I&CI), Hyderabad.
3. CIT(A), Hyderabad.
4. DR, ITAT, Hyderabad.
5. Guard File.
// Copy // 2 ITA Nos. 447 to 452/Hyd/19 AYs: 2011-12 to 2016-17 The Karimnagar District Cooperative Central Bank Ltd., Karimnagar
1. Draft dictated on 06/08/19
2. Draft placed before the author 07/08/19
3. Draft placed before the second Member
4. Draft approved by second Member
5. Approved Draft comes to SrPS
6. Kept for Pronouncement 09/08/2019
7. File sent to Bench Clerk 3