BHEL LCC SOCIETY LTD,HYDERABAD vs. DCIT., CIRCLE-8(1), HYDERABAD
In the result, appeal filed by the assessee is allowed
ITA 732/HYD/2025[2017-18]Status: DisposedITAT Hyderabad04 Sept 2025AY 2017-18
Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita No.732/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2017-18) Bhel Lcc Society Ltd Vs. Dy.Cit Hyderabad Circle 8(1) Pan:Aaatb6430D Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Ca Sri Sai Keerthana राज" व "ारा/Revenue By:: Shri Dr. Sachin Kumar, Sr.Ar सुनवाई की तारीख/Date Of Hearing: 01/09/2025 घोषणा की तारीख/Pronouncement: 04/09/2025 आदेश/Order Per Vijay Pal Raothis Appeal By The Assessee Is Directed Against The Order Dated 27/02/2025 Of The Learned Cit (A)-Nfac Delhi, Arising From The Penalty Order Passed U/S 270A Of The I.T. Act For The A.Y.2017-18. 2. The Assessee Has Raised The Following Grounds Of Appeal:
For Appellant: CA Sri Sai KeerthanaFor Respondent: : Shri Dr. Sachin Kumar, Sr.AR
Section 143(1)Section 143(1)(a)Section 143(3)Section 2Section 270ASection 36
270(A)…
“(2)A person shall be considered to have under-reported his income, if—
(a)the income assessed is greater than the income determined in the return processed under clause (a) of sub- section (1) of section 143;
(b)the income assessed is greater than the maximum amount not chargeable to tax, where no return of income has been