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Section 271B4 Section 2634 Section 143(3)2 Section 1472

KUMARSWAMY GANGASHARAISH KALLUR ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(2)(1), BANGALORE

In the result, appeal filed by the assessee is allowed

ITA 1391/BANG/2024[2014-15]Status: DisposedITAT Bangalore06 Feb 2025AY 2014-15

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan Kassessment Year : 2014-15

For Appellant: Shri. Sandeep Chalapathy, CAFor Respondent: Shri. E. Shridhar, CIT(DR)(ITAT), Bangalore

Section 119Section 139(1)Section 143(3)Section 147Section 148Section 263Section 271BSection 44A

reassessment Order. During the course of assessment under section 143(3) of the Act, the audit report was available with the AO and he was satisfied that the penalty should not be initiated in this case and hence there was no penalty levied under section 271B