ALPESH UMESHCHANDRA,SURAT vs. ITO WARD-1(2) (1), SURAT
The appeal of the assessee is allowed
ITA 816/SRT/2025[2016-2017]Status: DisposedITAT Surat06 Apr 2026AY 2016-2017
Bench: Dr. Brr Kumar & Ms. Suchitra Kamble
For Respondent: Shri Mukesh Jain, CIT-DR
Section 147Section 246Section 246ASection 253Section 263Section 270(1)(c)Section 270ASection 271(1)(c)Section 275Section 68
68 of the Act. The PCIT observed that the Assessing Officer has not initiated penalty under Section 271(1)(c) and initiated penalty under Section 270A of the Act. The show cause notice under Section 263 dated 05.03.2024 was issued and served upon the assessee. The assessee has not filed any reply, therefore, the PCIT directed
