THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

section 271(1)(c). The Assessing officer however levied penalty of Rs.7,34,291/-u/s 271(1) by taking the above income assessed of Rs. 23,76,348/-. ITA Nos.2740 to 2743 /Chny/2024 11 Firstly, the appellant submits that it has furnished all the particulars of income in the return of income and claimed exemption u/s 80P

THE GOVT. TELE COMMUNICATION EMPOLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

section 271(1)(c). The Assessing officer however levied penalty of Rs.7,34,291/-u/s 271(1) by taking the above income assessed of Rs. 23,76,348/-. ITA Nos.2740 to 2743 /Chny/2024 11 Firstly, the appellant submits that it has furnished all the particulars of income in the return of income and claimed exemption u/s 80P

AA522 KUNNATHUR VELAMPALAYAM PRIMARY AGRICULTURAL COOP CREDIT SOCIETY LTD,TIRUPUR vs. THE INCOME TAX OFFICER, WARD 1(2) TIRUPUR, TIRUPUR

The appeal of the assessee is allowed

Bench: Shri George George Kand Ms. Padmavathy.Sआयकर अपील सं./Ita No.3133/Chny/2025 िनधा"रण वष" /Assessment Year: 2019-20

80P of the Act. The A.O initiated penalty proceedings u/s. 272A(1)(d) of the Act for the reason that the assessee did not respond to the notices issued. The A.O passed AA522 Kunnathur Velampalayam Primary Agricultural Co-op. Credit Society Ltd. :- 3 -: the penalty order levying a penalty of Rs.50,000/- (Rs.10,000/- for each of the default). Aggrieved