KERALA STATE CO-OPERATIVE BANK LTD,THIRUVANANTHAPURAM vs. DCIT,CIRCLE-1(1), THIRUVANANHAPURAM
ITA 171/COCH/2024[2018-2019]Status: DisposedITAT Cochin11 Dec 2024AY 2018-2019
Bench: Shri Waseem Ahmed & Shri Soundararajan K.Assessment Year : 2018-19
For Appellant: Shri Dijo Mathew, AdvocateFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 143(2)Section 270ASection 270A(1)Section 270A(2)Section 36(1)(viia)Section 40
section 270A which means that the AO has the discretion to impose or not to impose penalty based on the facts and circumstances of the case. The Ld.AR also submitted that the word “may” has been interpreted by the various High Courts as well as by the Hon’ble Supreme Court and explained the circumstances under which the TDS
