JERMELS ACCADEMY,DARJEELING vs. ITO, WARD 2(2), EXEMP,, SILIGURI
In the result, all the 3 appeals filed by the Assessee are partly
ITA 2748/KOL/2025[2017-2018]Status: DisposedITAT Kolkata26 Feb 2026AY 2017-2018
Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra
Section 10Section 11Section 12ASection 12A(1)(ac)Section 12A(1)(ba)Section 12A(2)Section 139Section 144Section 2(15)Section 250
section 271B of the Income Tax Act, 1961.
3. For that on the facts and in the circumstances of the case, has erred in
confirming the penalty of ₹1,50,000/- levied u/s 271B of the Act, without
appreciating that the appellant is a charitable trust
