THE MANNARKKAD RURAL SERVICE CO OPERATIVE BANK LTD.,MANNARKKAD vs. INCOME TAX OFFICER, PALAKKAD
In the result, the assessee’s appeal and stay application are dismissed
ITA 871/COCH/2022[2013-14]Status: DisposedITAT Cochin14 Nov 2023AY 2013-14
Bench: Shri Sanjay Arora, Accountantmemberand Shri Manomohan Das, Judicialmember
For Appellant: Shri Sivadas Chettoor, CAFor Respondent: Smt. J.M. Jamuna Devi, Sr. D.R
Section 139(1)Section 271BSection 273BSection 44ASection 80P
u/s. 44AB stands delinked from the obligation to file return –a default where- under is subject to penalty under a separate provision, by Finance Act, 1995, w.e.f.
01.07.1995. Even if, therefore, the assessee is not required to – as where he has no income for the relevant year, or otherwise does not his file return of income, he is yet obliged
