PRESIDENCY KID LEATHER PVT. LTD.,CHENNAI vs. DCIT, CHENNAI
In the result, the appeal filed by the assessee is partly allowed
ITA 765/CHNY/2017[2013-14]Status: DisposedITAT Chennai19 Apr 2021AY 2013-14
Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaramanआयकर अपील सं./I.T.A. No. 765/Chny/2017 िनधा"रण वष"/Assessment Year:2013-14 Presidency Kid Leather Pvt. Ltd., The Deputy Commissioner Of 21, Spartan Nagar, 1St Floor, Vs. Income Tax, Mogappair East, Chennai 600 037. Corporate Circle 5(2), [Pan:Aaacp1952D] Chennai 34. (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri D. Anand, Advocate ""थ" की ओर से/Respondent By : Shri Abani Kanta Nayak, Cit सुनवाई की तारीख/ Date Of Hearing : 16.03.2021 घोषणा की तारीख /Date Of Pronouncement : 19.04.2021 आदेश /O R D E R Per Duvvuru Rl Reddy: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) 3, Chennai, Dated 31.01.2017 Relevant To The Assessment Year 2013-14 Challenging The Appellate Order Of Confirming The Levy Of Penalty Under Section 271(1)(C) Of The Income Tax Act, 1961 [“Act” In Short].
For Appellant: Shri D. Anand, AdvocateFor Respondent: Shri Abani Kanta Nayak, CIT
Section 143(3)Section 271(1)(c)Section 274
71,220/- under section 271(1)(c) of the Act. On appeal challenging the notice issued under section 274 r.w.s. 271(1)(c) of the Act, after considering the submissions of the assessee, the ld. CIT(A) confirming the penalty levied under section 271(1)(c) of the Act.
4. On being aggrieved, the assessee is in appeal before
