ITA No. 944/Mum/2024 (A.Y: 2006-07)

Parties Involved

Facts Summary

This appeal is filed by the appellant/assessee against the order dated 29.12.2023 of the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, passed under section 250 of the Income Tax Act, 1961 for the A.Y. 2006-07. The department has raised grounds of appeal regarding the deletion of penalty levied under section 271(1)(c) and the non-adjudication of all grounds of appeal on merits due to non-quoting of DIN. During the arguments, it was submitted that the department's appeal has become infructuous due to the enhancement of the monetary limit for filing appeals to Rs. 60 lacs, as per circular no. 9/2024 dated 17.09.2024.…

Legal Issues

• 1. Whether the Ld. CIT(A) erred in deleting the penalty levied u/s. 271(1)(c)?
• 2. Whether the Ld. CIT(A) erred in not adjudicating all the grounds of appeals on merits?

Judgment Outcome

Decided in favour of Revenue.

Precedents Relied Upon

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