DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. JAYAPRIYA COMPANY, CHENNAI

In the result, appeal filed by the Revenue is dismissed and the\nCross-Objection filed by the assessee is allowed

u/s 271D to the assessee after\nexpiry of 6 months from the end of the month in which penalty was\ninitiated through assessment order and passed penalty order within 6\nmonths from date of such notice. Having regard to the provisions of\nsections 271D and 271E, the order was held to be barred by limitation\nand penalty imposed was quashed

DCIT, CENTRALCIRCLE-2(2), CHENNAI vs. SUBRAMANIAM THANU, CHENNAI

In the result, all the appeals filed by the Revenue as well as Cross