M/S. JANA SMALL FINANCE BANK LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 4(1)(1), BANGALORE
In the result, the captioned appeals of the assessee is allowed for 10
ITA 1265/BANG/2019[2014-15]Status: DisposedITAT Bangalore28 Feb 2020AY 2014-15
Bench: Shri Pradip Kumar Kedia & Smt. Beena Pillai
For Appellant: Shri Ajit Roti, CAFor Respondent: Ms. Neera Malhotra, CIT-DR
Section 234ASection 250Section 37(1)
271F of the Act
8.1. The learned CIT(Appeals) has erred in and upholding
Assessing Officer's action in initiating penalty proceedings under section 271 B and 271 F of the Act without appreciating the fact that the Appellant had filed return of income and tax audit report for AY 2014-15 within the extended due date of November