IN THE HIGH COURT OF DELHI AT NEW DELHI
.
.
.
ITA 288/2012
.
.
.
CIT ..... Appellant
.
Through : Ms. Suruchi Aggarwal, Advocate.
.
.
.
versus
.
.
.
SHARMILEE FURNISHING PVT LTD ..... Respondent
.
.
.
CORAM:
.
HON'BLE MR. JUSTICE SANJIV KHANNA
.
HON'BLE MR. JUSTICE R.V.EASWAR
.
.
.
O R D E R
.
14.05.2012
.
.
.
C.M. No. 7804/2012 (Delay)
.
1. This is an application for condonation of delay of 73 days in re-
filing the appeal. It is stated that the counsel for the Revenue had
undergone a surgery and, therefore, the appeal could not be re-filed
within time.
.
2. For the reasons stated in the application, the delay of 73 days in
re-filing the appeal is condoned.
.
3. C.M. stands disposed of.
.
ITA No. 288/2012
.
1. The Commissioner of Income Tax (Appeals) [CIT(A)] and the Income
Tax Appellate Tribunal (ITAT) have given concurrent findings
.
.
.
ITA 288/2012 page 1 of 3
.
as far as payment to Smt. Sharmille Chopra and Sh. Gaurav Chopra are
concerned, the same was by way of account payee instruments. There is
nothing on record to controvert or deny the said finding except for the
reliance placed by the Assessing Officer on the audit report. The Revenue
can rely upon the audit report, but once the assessee had produced
necessary documents and statements of bank of accounts to establish and
state that the transactions were through crossed bank instruments then
reliance on the audit report alone would be futile. The factual position
has to be examined and then it has to be decided, whether or not there
were violations of Section 271E read with Section 269SS/269T. We may
also note that penalty proceedings are distinct from the assessment
proceedings. It is not averred or stated that the statement of bank
account is wrong or false.
.
2. With regard to the payment to the partnership firm M/s Electric
Living it has been held by the CIT(A) and ITAT that Sharmille Chopra and
Gaurav Chopra were partners to the said firm, which stands dissolved.
.
Book entries were made with reference to the amount standing to the credit of the partners. Payments were made by four crossed cheques to
discharge the liability of Gaurav Chopra. The said factual findings are
not denied.
.
.
.
ITA 288/2012 page 2 of 3
.
3. As the factual findings recorded by the ITAT are correct and have
not been controverted, we do not find any reason to entertain the present
appeal. The same is dismissed in liminie.
.
.
.
.
.
.
.
SANJIV KHANNA, J
.
.
.
.
.
.
.
R.V.EASWAR, J
.
MAY 14, 2012/AK
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
ITA 288/2012 page 3 of 3
.
$ 4
.