MS.KALLIYATH CYRIL RAJU,COCHIN vs. THE DCIT, COCHIN
In the result, the appeals filed by the assessee are allowed
ITA 54/COCH/2017[2010-11]Status: DisposedITAT Cochin24 May 2018AY 2010-11
Bench: S/Shri Chandra Poojari , Am & George George K., Jm
Section 132Section 139Section 153ASection 271Section 271(1)(c)Section 274
227/-
and Rs. 99,300/- for the assessment year 2010-11 and 2011-12 respectively.
3. On appeal against the levy of penalty u/s. 271(1)(c) of the Act, the CIT(A)
observed that the Assessing Officer has levied penalty u/s. 271(1)(c) of the Act
on the basis of Explanation 5A of section
