SATE BANK OF INDIA OFFICERS MULTI PURPOSE CO-OPERATIVE SOCIETY ORISSA LIMITED,CUTTACK vs. INCOME TAX OFFICER, WARD-1(1), CUTTACK

In the result, appeal of the assessee is partly allowed

delayed by 2 days, which was condoned. The assessee argued that the penalty levied was invalid because the related quantum addition for the A.Y. 2019-20 had been restored to the Assessing Officer for readjudication.", "held": "The Tribunal noted that the quantum assessment order had been set aside, thus removing the foundation for the penalty under Section 270A

SAMASTI INFRASTRUCTURES PRIVATE LIMITED,ASHOK NAGAR vs. INCOME TAX OFFICER, WARD-1(1), BHUBANESWAR

In the result, both the appeals of the assessee are partly allowed for\nstatistical purposes