SHRI PAWAN KUMAR,JALANDHAR CANTT vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, JALANDHAR
In the result, the bunch of appeals are allowed
ITA 20/ASR/2023[2018-19]Status: DisposedITAT Amritsar23 Aug 2023AY 2018-19
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Rohit Kapoor, CA &For Respondent: Sh. Digvijai Kumar Chaudhary, Sr. DR
Section 132Section 153ASection 153CSection 271(1)(c)
section 139(1). the assessee cannot be visited with penalty.
We allow all these appeals of the assessee and delete the penalties.
4. In view of the aforesaid judgment, it is clear and an established fact that the income offered pursuant to notice u/s 153C would replace the income offered in return filed u/s 139(1). Furthermore, the notice u/s