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Section 2748 Section 270A4 Section 153A4 Section 270A(2)(a)2 Section 270A(9)(a)2 Section 132(1)2 Section 132(4)2 Capital Gains2 Long Term Capital Gains2 Penalty

VIJAY KUMAR MITTAL,JAMSHEDPUR vs. ACIT CENTRAL CIRCLE, JAMSHEDPUR

In the result, this appeal filed by the assessee is allowed

ITA 141/RAN/2023[2017-18]Status: DisposedITAT Ranchi20 Feb 2025AY 2017-18

Bench: Shri Partha Sarathi Chaudhury & Shri Ratnesh Nandan Sahay

Section 132(1)Section 132(4)Section 153ASection 270ASection 270A(2)(a)Section 270A(9)(a)Section 274

capital gains to buy peace and the return of income was also accepted by the AO. Subsequently, notice was issued for initiation of penalty u/s 270A of the Act. The AO imposed the penalty accordingly and this order was upheld by the ld. CIT(A). 6. Before the ld.CIT(A),the assessee claimed that the AO in the show cause