Facts of the Case
The
assessee, Shri Ravindra Nath Patel, is engaged in the business of wholesale
grain trading and rice manufacturing. For Assessment Year 2008-09, the
assessment was completed under Section 143(3) of the Income Tax Act determining
total income at ₹15,39,490 as against the returned income of ₹1,49,140. The
Assessing Officer initiated penalty proceedings and imposed penalty under
Section 271(1)(c) vide order dated 19.03.2015.
The
assessee filed appeals against both the quantum assessment and the penalty
order. The quantum appeal was earlier remanded by the ITAT Circuit Bench,
Varanasi, vide order dated 17.07.2018 to the Commissioner of Income Tax
(Appeals) for fresh adjudication. However, the CIT(A) proceeded to dismiss the
penalty appeal and confirmed the levy of penalty.
Aggrieved
by the confirmation of penalty, the assessee filed the present appeal before
the Income Tax Appellate Tribunal. The appeal was delayed by 60 days, for which
condonation was sought and granted.
Issues Involved
- Whether
penalty under Section 271(1)(c) can be sustained when the quantum appeal
is pending adjudication.
- Whether
the CIT(A) was justified in confirming the penalty without deciding the
quantum appeal first.
- Whether
confirmation of penalty without proper adjudication violates principles of
natural justice.
Petitioner’s (Assessee’s) Arguments
The
assessee submitted that the quantum appeal had already been remanded by the
ITAT and was still pending adjudication before the CIT(A). It was contended
that penalty proceedings are dependent upon the outcome of the quantum
proceedings and, therefore, confirmation of penalty prior to finalization of
the quantum appeal was premature and unsustainable in law.
It
was further submitted that the CIT(A) dismissed the penalty appeal ex-parte
without deciding the matter on merits.
Respondent’s (Revenue’s) Arguments
The
learned Departmental Representative raised no objection to restoration of the
penalty matter and agreed that the penalty issue may be reconsidered after
disposal of the quantum appeal.
Court Order / Findings
The
ITAT observed that the quantum appeal arising from the same assessment was
pending adjudication before the CIT(A) pursuant to the remand order dated
17.07.2018 passed by the ITAT. Since the existence and extent of penalty under
Section 271(1)(c) depends upon the final outcome of the quantum proceedings,
the Tribunal held that confirmation of penalty at this stage was not justified.
Accordingly,
the ITAT set aside the order confirming penalty and restored the matter
relating to penalty under Section 271(1)(c) to the file of the CIT(A), with a
direction to pass a de novo order in accordance with law after deciding the
quantum appeal and after providing reasonable opportunity of hearing to both
parties.
The
appeal was partly allowed for statistical purposes.
Important Clarification / Legal Principle
Penalty
proceedings under Section 271(1)(c) are consequential in nature and cannot be
finalized independently when the corresponding quantum additions are pending
adjudication. Confirmation of penalty before disposal of quantum appeal is
premature and violates principles of natural justice.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1770872310_RAVINDRANATHPATELMAHARAJGANJVS.INCOMETAXOFFICERGORKHPURGORKHPUR.pdf
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