Facts of the Case
The
assessee, Anurag Jaiswal, filed an appeal before the Income Tax Appellate
Tribunal, Allahabad Bench, against the order passed by the Commissioner of
Income Tax (Appeals), which confirmed a penalty of ₹1,18,203 levied under
Section 270A of the Income-tax Act for Assessment Year 2020-21.
The penalty originated from an assessment order passed under Section 147 read
with Section 144B. Subsequently, the quantum additions forming the basis of the
penalty were set aside by the ITAT and remanded to the Assessing Officer for
fresh adjudication. Despite this, the CIT(A) confirmed the penalty solely on
the ground that the quantum appeal had been decided against the assessee.
Issues Involved
- Whether a
penalty under Section 270A can be confirmed when the original quantum
assessment has been set aside and restored for fresh consideration.
- Whether the
confirmation of penalty without considering the status of the remanded
quantum proceedings is legally sustainable.
Petitioner’s Arguments
The
assessee contended that the order passed by the CIT(A) was defective and
unsustainable in law, as the penalty was confirmed despite the fact that the
original assessment order had already been set aside by the ITAT.
It was argued that once the quantum assessment no longer survives in its
original form, the penalty proceedings, being consequential in nature, cannot
independently stand. The assessee also raised concerns regarding violation of
principles of natural justice.
Respondent’s Arguments
The
Revenue relied on the reasoning adopted by the CIT(A), asserting that since the
quantum appeal had been decided against the assessee at the appellate stage,
the penalty levied under Section 270A was justified and rightly confirmed.
Court Order
The
ITAT observed that the CIT(A) confirmed the penalty on an erroneous premise
that the quantum additions had attained finality. The Tribunal noted that the
quantum assessment had already been set aside by the ITAT and restored to the
Assessing Officer for fresh consideration.
Accordingly, the Tribunal held that the impugned order of the CIT(A) could not
be sustained. The penalty matter was restored to the file of the Assessing
Officer with a direction to pass a de novo order in accordance with law,
after granting reasonable opportunity to the assessee and after considering the
outcome of the consequential assessment proceedings.
Important Clarification
The
Tribunal categorically reaffirmed that penalty proceedings are consequential
and dependent on the final determination of quantum additions. Where the
quantum assessment itself is unsettled or remanded for fresh adjudication, the
penalty cannot be mechanically confirmed and must be revisited in light of the
final assessment outcome.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1770875395_ANURAGJAISWALLUCKNOWVS.ITO21ALLAHABADALLAHABAD.pdf
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