ABIRAKHAM RAJASEKAR,COIMBATORE vs. ACIT, CENTRAL CIRCLE-2, COIMBATORE
In the result, the appeals filed by the assessee for A
ITA 1410/CHNY/2023[2019-2020]Status: DisposedITAT Chennai26 Feb 2025AY 2019-2020
Bench: Shri Ss Viswanethra Ravi & Shri Jagadishआयकर अपील सं./Ita Nos.1408, 1409 & 1410/Chny/2023 िनधा(रण वष( /Assessment Years: 2017-18, 2018-19 & 2019-20
For Appellant: NoneFor Respondent: Shri K. Rohan Raj, Addl. CIT
Section 132Section 139Section 139(1)Section 153ASection 270ASection 271A
However this does not absolve the
assessee from penalty liability if the income disclosed in the return was
previously undisclosed or underreported. The section 270(9)(e) of the
Act clearly states that failure to record any receipt in books of account
having bearing on total income is a case