Search: penalty u/s 271

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Section 271(1)(c)4 Section 54B2

SHRI. MUNINAGA REDDY,BANGALORE vs. ACIT, BANGALORE

In the result, the assessee's appeal for A

ITA 859/BANG/2012[2006-07]Status: DisposedITAT Bangalore12 Jan 2015AY 2006-07

Bench: Shri N.V. Vasudevan & Shri Jason P. Boaz

For Appellant: Shri P. Dinesh, AdvocateFor Respondent: Dr. P.K. Srihari, Addl. CIT

Section 143(3)Section 271(1)Section 271(1)(c)Section 54BSection 80C

u/s. 271(1)(c) of the Act on this issue does not warrant any interference. Consequently, Ground No.5 of the assessee's appeal is dismissed. 8. Ground No.6 : Interest on repayment of Housing Loan. 8.1 This ground of appeal is in respect of the levy of penalty with respect to the disallowance of interest claimed on repayment of housing loan