In the result, the bunch of appeals are allowed
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
6 years immediately preceding the AY relevant to PY in which search/ requisition is made. 5. It is seen that Ld. CIT(A) confirmed the action of the AO in respect of penalty levied u/s 271(l)(c) and 270A on the ground that the AO has rightly framed the assessment u/s 153C. The CIT(A) has mentioned that