Search: penalty u/s 271

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Section 139(4)4 Section 271(1)(c)3 Section 143(3)2 Section 2632 Section 1442

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE, SHILLONG, SHILLONG vs. MEGHALAYA POWER TRANSMISSION CORPORATION LIMITED, LUMJINGSHAI, SHILLONG

In the result, the appeal of the Revenue is allowed

ITA 308/GTY/2025[2016-17]Status: DisposedITAT Guwahati13 Mar 2026AY 2016-17

Section 139(4)Section 139(9)Section 143(3)Section 144Section 263Section 271(1)(c)Section 72Section 80Section 80I

271(1)(c) has been imposed for furnishing of inaccurate\nparticulars of two amounts (i) an amount of Rs 6,31,275/- In respect of disallowances\nmade by the AO to the extent sustained in appeals (ii) an amount of Rs.2,98,51,729/-\nwhich the AO had held as wrongly claimed loss in the belated Return filed u/s