RAMESH CHAND BANSAL,BEAWAR vs. DCIT, AJMER

In the result, the appeals of the assessee are allowed

search and seizure cases, and the case of the assessee undisputedly falls u/s 271AAA and cannot be dealt with u/s 271(1)(c) by any stretch of imagination even. So, we are of the considered view that the very initiation of the penalty

KANHAIYALAL RAMESHWAR DAS,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

search and seizure action u/s 132(1) of the Act was carried out on 5-02-\n2015 in the case of Bundi Silica Group, Kota to which the assessee\nbelongs. It is noted that the AO issued a notice u/s 153 of the Act to the\nassessee on 13-05-2015. In response to the notice, the assessee filed