In the result, appeal filed by the assessee is allowed
Bench: Shri Dr. A. L. Sainiआयकर अपील सं./Ita No.146/Srt/2023 Assessment Year: (2012-13) (Virtual Hearing) Raj Kishore Prasad, Vs. The Ito, 201, 2Nd Floor, Devashish Complex, Ward-3, Nr. Regenta Central Antarim Hotel, Valsad Off Cg Road, Ahmedabad "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aitpp0535A (Assessee) (Respondent)
2,20,518/-, does not have any leg to stand, hence penalty under section 271(1) (c ) of the Act of Rs. 65,060/- should be deleted. ITA.146/SRT/2023/AY.2012-13 Raj Kishore Prasad 14. I note that for AY.2012-13 to 2014-15 in ITA No.1660 to 1666/Ahd/2017 for AYs.2012-13 to 2014-15, in case of State Bank of India vs ITO (TDS