THE ACIT 5(1), INDORE vs. KU. NISHITA SINGHAL, MHOW DISTT. INDORE
In the result, Revenue’s appeal in ITANo
ITA 935/IND/2019[2015-16]Status: DisposedITAT Indore04 Oct 2021AY 2015-16
Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2015-16 Acit-5(1) Indore : Appellant
Section 132Section 143(2)Section 143(3)Section 153CSection 271ASection 274Section 27A
153C of the Act, penalty proceedings cannot be initiated u/s 271AAB of the Act. Even otherwise in the penalty notice Ld. Assessing Officer though has levied the penalty u/s 271AAB of the Act but has not calculated the penalty under the provision of section 271AAB of the Act. In para 8 of the penalty order Ld.
Assessing Officer states that
