Case Number: ITA 5378/DEL/2019
Appellant: ACIT, Circle-13(2), New Delhi
Respondent: Jubliant Oil & Gas (P) Ltd., Greater Noida
Assessment Year: 2012-13
Case Filed On: 2019-06-13
Order Type: Final Tribunal Order
Date of Order: 2023-04-24
Pronounced On: 2023-04-24
The Income Tax Appellate Tribunal, Delhi Bench, heard the case ITA 5378/DEL/2019 filed by the ACIT, Circle-13(2), New Delhi, against Jubliant Oil & Gas (P) Ltd., Greater Noida. The case revolved around disputes related to the assessment year 2012-13.
The appellant, ACIT, Circle-13(2), New Delhi, challenged the order of CIT(A)-5, New Delhi, dated 28.03.2019. The primary issue was the disallowance made by the Assessing Officer (AO) which was subsequently deleted by the CIT(A). The Revenue sought to restore the AO’s disallowance.
The grounds raised by the Revenue for the assessment year 2012-13 included:
The Senior DR argued that during the assessment proceedings, it was found that Jubliant Oil & Gas (P) Ltd. had not complied with certain tax provisions, leading to disallowances. The AO had made these disallowances based on concrete evidence. The CIT(A), however, deleted these disallowances without proper justification, according to the Revenue.
The respondent’s representative submitted that all necessary compliance and documentation were duly provided and that the disallowances made by the AO were unjustified. The CIT(A) had correctly deleted the disallowances after considering all relevant evidence and documentation.
The Tribunal observed that the CIT(A) had thoroughly examined the evidence presented by both parties. The CIT(A) found that the AO had not fully considered the explanations and evidence provided by Jubliant Oil & Gas (P) Ltd. The Tribunal agreed with the CIT(A)’s findings that the disallowances were not warranted based on the available evidence.
The Tribunal upheld the CIT(A)’s decision to delete the disallowances made by the AO for the assessment year 2012-13. The appeal filed by the Revenue was dismissed as the Tribunal found no merit in the grounds raised by the Revenue.
The order was pronounced in the open court on 24.04.2023.
-Sd/- (DR. B.R.R. KUMAR) ACCOUNTANT MEMBER -Sd/- (CHANDRA MOHAN GARG) JUDICIAL MEMBER
Dated: 24th April, 2023.
Copy forwarded to:
Asstt. Registrar, ITAT, New Delhi
ACIT Circle-13(2) vs. Jubliant Oil & Gas (P) Ltd: Dispute Over Assessment Year 2012-13
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