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Quantum appeal cannot be dismissed for Opting of VSVS against Penalty order
Case Law Details
- Case Name
- Poosabban Thangaraju Vs ITO (ITAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2007-08 & 2008-09
- Courts
- All ITAT, ITAT Chennai
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Poosabban Thangaraju Vs ITO (ITAT Chennai)
On perusal of the Form 5 dated 25.03.2021 issued under VSVS by the Designated Authority for both the assessment years, we find that the Form 5 has been issued for full and final payment of ₹.6,250/- as taxes in terms of VSVS order under section 5(2) dated 05.02.2021 pertains to disputed penalty levied under section 271A of the Act, against which, vide order dated 31.03.2021 for the AY 2007-08 and dated 01.04.2021 for AY 2008-09, the ld. CIT(A) [NFAC] has passed separate orders by referring to the same Form 5, whereas, the present appeals were prefer...


