The
present appeal was filed by the assessee, Marut Paper Products Pvt. Ltd.,
for the Assessment Year 2016-17, challenging the appellate order dated
03.10.2023 passed by the Commissioner of Income Tax (Appeals). The appeal
arises from the confirmation of a penalty levied by the Assessing Officer under
section 271(1)(c) of the Income-tax Act, 1961, amounting to ₹47,21,400.
The
penalty imposed by the Assessing Officer was upheld by the learned CIT(A)
through the impugned appellate order. Aggrieved by the said confirmation of
penalty, the assessee preferred the present appeal before the Income Tax
Appellate Tribunal.
During
the course of hearing, the learned authorised counsel for the assessee
submitted that the impugned appellate order was not a speaking order passed on
merits. It was contended that the learned CIT(A) dismissed the appeal in limine
for non-prosecution without adjudicating the issues involved. The counsel
submitted that such dismissal was contrary to law and prayed that the matter
relating to the levy of penalty under section 271(1)(c) be restored to the file
of the CIT(A) for fresh adjudication after granting reasonable opportunity of
being heard.
The
learned Departmental Representative relied upon the orders passed by the
Assessing Officer and the CIT(A), but left the matter to the discretion of the
Bench.
Upon
consideration of the material available on record and after hearing both
parties, the Tribunal observed that the order passed by the learned CIT(A) was
merely a summary dismissal and did not deal with the merits of the case. The
Tribunal noted that such an order failed to comply with the mandatory
requirement of section 250(6) of the Income-tax Act, which obligates the
appellate authority to pass a reasoned and speaking order.
In view
of the above, the Tribunal set aside the impugned appellate order and restored
the matter relating to the levy of penalty under section 271(1)(c) to the file
of the learned CIT(A). The CIT(A) was directed to pass a de novo appellate
order in accordance with law, after providing reasonable opportunity to the
assessee and by strictly adhering to the statutory requirement of passing a
speaking order on merits.
Accordingly, the appeal filed by the assessee was partly allowed for statistical purposes.
Source Link:
https://itat.gov.in/public/files/upload/1767607995-JTKwfd-1-TO.pdf
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