22 results for “penalty u/s 271”+ Section 149(1)(c)clear
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In the result, appeal is allowed for statistical purposes
Bench: Shri Udayan Das Gupta & Shri Krinwant Sahayaftfrcf ^T./Ita No. 348/Asr/2023 / Assessment Year : 2014-15 Surya Automobiles Pvt The Dcit, <Shh Circle Ii, Ltd., Near Dav Campus, Bhatinda Hanumangarh Road, Abohar ^|41<^H./Pan No: Aafcs271 In Ul^^Ff/Respondent Appellant
penalty proceedings are independent of assessment proceedings and no pl u/s Section 271 (1) (c) can be imposed only because no appeal has been filed against addition / disallowance. The reliance is placed on following judgements: CIT vs, Ralblr Singh (2008 3014ITR 125 (P&H) I. CIT vs.Kamla Chemicals Industries (2005) 277ITR 150 (P&H) ii. CIT vs. Agro Chemicals India