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Section 271(1)(c)2 Section 153A2

M/S. CONCORDE HOUSING CORPORATION PRIVATE LIMITED,BENGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), BENGALURU

In the result, appeal of the assessee in ITA No

ITA 531/BANG/2024[2014-15]Status: DisposedITAT Bangalore29 Jul 2024AY 2014-15

Bench: Shri Chandra Poojari & Shri Prakash Chand Yadav

For Appellant: Sri V. Srinivasan, A.RFor Respondent: Ms. Neha Sahay, D.R

Section 132Section 153ASection 271(1)(c)

5A to section 271 (l)(c) is not applicable. Accordingly, the penalty was to be deleted.” 5.6 This was also supported by the order of the Jaipur Bench in the case of Smt. Indira Agarwal in ITA No.1444/JP/2018 dated 22.3.2019 wherein held as under: 6. We have considered the rival submissions as well as relevant material on record. The question