Bench: Ms. Suchitra Kambledr. B. R. R. Kumarita No. 2819/Del/2018 : Asstt. Year : 2011-12 Sushil Kumar Bhati, Vs Income Tax Officer, H.No. 591, Sector-21B, Ward-2(4), Faridabad, Haryana Faridabad (Appellant) (Respondent) Pan No. Ahfpb0420P Assessee By : Ms. Vanshika Taneja, Adv. Revenue By : Sh. Pradeep Singh Gautam, Sr. Dr Date Of Hearing: 27.02.2020 Date Of Pronouncement: 08.05.2020

80L. Therefore, initiation of penalty u/s 271(1)(c) is not applicable as the Hon. AO was convinced with the facts, of the situation at the time of assessment. As mentioned in your notice, wherein A) "Such person fails to offer an explanation or offers an explanation which is found by the Assessing Officer to be false" Ans:- Question