Search: penalty u/s 271

1 result for “penalty u/s 271”+ Section 153(2)clear

Sorted by relevance

Key Topics

Section 153A5 Section 271(1)(c)2 Section 139(1)2 Section 682

ASHOKA TUBEWELL BORING ENGINEERING & CONSTRUCTION,KOLKATA vs. DCIT, CC-2, PATNA

In the result, the appeal of the Revenue in ITA No

ITA 90/PAT/2025[2016-17]Status: HeardITAT Patna18 Jul 2025AY 2016-17

Section 132(1)Section 132(4)Section 139(1)Section 153ASection 271(1)(c)Section 68

2,01,83,642/-. The assessee submitted before the Id.\nAO that the penalty proceedings may be dropped as it was suo motto\ndeclared in the return filed u/s 153A of the Act and there was no\nseizure of any incriminating material qua the said income during\nsearch. The plea of the assessee did not find favor with