R. G. SUNDAR & CO,ERODE vs. DCIT, CENTRAL CIRCLE-2 , COIMBATORE
In the result, the appeals filed by the assessee in ITA Nos
ITA 1599/CHNY/2023[2014-15]Status: DisposedITAT Chennai30 Apr 2024AY 2014-15
Bench: Shri Mahavir Singhand Shri S.R. Raghunathaआयकर अपील सं./Ita Nos.: 1599 & 1600/Chny/2023 िनधा"रण वष"/Assessment Years: 2014-15 & 2015-16 M/S. R.G. Sundar & Co., The Deputy Commissioner Erode Feeds Producers, Vs. Of Income Tax, 82, Perundurai Road, Central Circle-2, Perundurai – 638 001. Coimbatore Pan: Aaffr 3771C (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri T. Banusekar, Advocate Shri Suraj Nahar, Ca ""यथ" क" ओर से/Respondent By : Shri D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 25.04.2024 घोषणा क" तारीख/Date Of Pronouncement : 30.04.2024
For Appellant: Shri T. Banusekar, AdvocateFor Respondent: Shri D. Hema Bhupal, JCIT
Section 133ASection 139(1)Section 143Section 143(3)Section 147Section 148Section 271(1)(c)
2. The only common issue in these two appeals of assessee is as regards to the orders of the CIT(A) confirming the action of the AO in levying penalties u/s.271(1)(c) of the Act for the assessment year
2014-15 at Rs.7,59,677/- and for assessment year 2015-16 at Rs.7,11,900/- for concealment of particulars