Appeals by the Revenue against the Tribunal's order deleting penalties under Section 271(1)(c) were dismissed as unsustainable in light of the dismissal of the quantum addition appeal.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
KJ
INCOME TAX APPEAL NO.471 OF 2010 INCOME TAX APPEAL NO.4663 OF 2010 INCOME TAX APPEAL NO.4666 OF 2010 INCOME TAX APPEAL NO.4667 OF 2010 INCOME TAX APPEAL NO.6766 OF 2010
The Commissioner of Income Tax-I )..Appellant Vs.
Aerosys, Nashik )..Respondent
Mr. Vimal Gupta for the appellant.
Mr. S.N.Inamdar for the respondent.
CORAM : J. P .DEVADHAR & MRS.MRIDULA BHATKAR,JJ
DATE : 1/3/2011.
PC
1 In all these appeals, the penalties levied under Section
271(1)(c) of the Income Tax Act 1961 were deleted on account of
the deletion on the quantum addition made in the respective
Assessment Years. Appeal filed by the Revenue against the order
of the Tribunal deleting the quantum addition has been dismissed
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by us today. In these circumstances, these appeals filed by the appellant against the order of the Tribunal cannot be sustained. Accordingly, appeals are dismissed.
(MRS.MRIDULA BHATKAR,J) (J.P.DEVADHAR,J)
Commissioner of Income Tax-I
Aerosys, Nashik
J. P. Devadhar
Mridula Bhatkar
As recorded by the court registry
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