Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh
273(B) of the Income Tax Act. 4. Without considering the replay furnished by the assessee society the assessing authority passed order under Section 271(B) of the Income Tax Act 1961 imposing maximum penalty of Rs.150000/-on 02.03.2022. 3 ITA Nos.667 & 879/Coch/2023. Kolloorvila Service Co-op Society Ltd. 5. Aggrieved by the order imposing penalty the assessee preferred appeal