Section 272B of the Income Tax Act

Income-tax Act, 2025: s.467

Section 272B of the Income-tax Act, 1961 corresponds to section 467 (Penalty for failure to comply with the provisions of section 262) of the Income-tax Act, 2025.

Read section 467 of the 2025 Act

Correspondence checked against the ICAI tabular mapping of the two Acts and the BharatTax.co section commentary.

32 judgments on BharatTax turn on Section 272B.

Judgments on Section 272B

Prakash Ramjibhai Nanda, Valsad vs. ITO, Ward-7, Vapi

The appeal of the assessee is partly allowed for statistical purpose

ITA 826/SRT/2024[2014-15]Status: DisposedITAT Surat25 Aug 2026AY 2014-15

Bench: Ms. Suchitra Kamble & Shri B.M. Biyaniprakash Ramjibhai Nanda, Income Tax Officer, Plot No.9 Nanda Villa, Ward - 7, Gurudev Nagar, Vs. Vapi Bhilad, Valsad Pan: Abypn3360K (Appellant) : (Respondent) Assessee By : Shri Hardik Vora, Ar Respondent By : Shri Ashish Pophare, Cit (Dr) Date Of Hearing : 18.06.2026 Date Of Pronouncement : 25.08.2026 O R D E R Per : Suchitra Kamble, J M: The Appeal Filed By The Assessee Is Against The Order Passed By The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [In Short “Cit(A)”] Dated 04.07.2024 For The Assessment Year (In Short “Ay”) 2014-15. 2. The Assessee Has Raised The Following Grounds Of Appeal: “1. On The Facts & Circumstances Of The Case As Well As Law On The Subject, The Learned Cit (Appeals) Has Erred In Confirming Reassessment Proceedings U/S 147 Of The It Act, 1961. 2. On The Facts & Circumstances Of The Case As Well As Law On The Subject, The Learned Cit (Appeals) Has Erred In Passing Order Without Providing Enough Opportunities. 3. On The Facts & Circumstances Of The Case As Well As Law On The Subject, The Learned Cit (Appeals) Has Erred In Not Passing Speaking Order. Prakash Ramjibhai Nanda

For Appellant: Shri Hardik Vora, ARFor Respondent: Shri Ashish Pophare, CIT (DR)
Section 147Section 148Section 272B

M/S P.N. Gadgil & Sons, Pune vs. DCIT, Circle 6, Pune

In the result, the appeal filed by the assesse is partly allowed

ITA 1921/PUN/2024[2017-18]Status: DisposedITAT Pune05 Mar 2025AY 2017-18

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1921/Pun/2024 िनधा"रण वष" / Assessment Year : 2017-18 M/S. P. N. Gadgil & Sons, Vs. Dcit, Circle-6, Pune. Abhiruchi Mall, 4Th Floor, 59C Sinhagad Road, Pune- 411041. Pan : Aanfp4476C Appellant Respondent Assessee By : Shri M. R. Bhagwat Revenue By : Shri Arvind Desai Date Of Hearing : 15.01.2025 Date Of Pronouncement : 05.03.2025 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Assessee Is Directed Against The Order Dated 02.08.2024 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2017-18. 2. The Appellant Has Raised The Following Grounds Of Appeal :- “1) The Learned Cit (A) Nfac Delhi Erred In Confirming Penalty Of Rs.23,20,000/- Levied Under Section 272B(2). 2) The Learned Cit (A) Nfac Delhi Erred In Sustaining The Penalty At Rs.23,20,000/- When There Was Only One Default & As Such Penalty Could At The Must Be Sustained At Rs.10,000/- Only. 3) The Learned Cit (A) Nfac Delhi Erred In Sustaining The Penalty Even Though There Was A Reasonable Cause For Assessee'S Failure To Obtain Pan Of Its Retail Customers. 4) The Penalty Levied Be Cancelled Or Reduced To Rs. 10,000/-.

For Appellant: Shri M. R. BhagwatFor Respondent: Shri Arvind Desai
Section 133ASection 139ASection 139A(5)(c)Section 272Section 272BSection 272B(2)

Nileshkumar Ramlaxman Upadhyay, Surat vs. Income Tax Officer, Ward - 2, Bardoli

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 172/SRT/2023[2010-11]Status: DisposedITAT Surat31 Aug 2023AY 2010-11

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.171 & 172/Srt/2023 ("नधा"रणवष" / Assessment Years: (2010-11) (Virtual Court Hearing) Nileshkumar Ramlaxman Income Tax Officer Ward-2 Bardoli, 2Nd Floor, Bsnl Tower, Upadhyay Vs. 123, Bajar Faliyu, Raniamba Main Road, Bardoli-394601 Tapi, Surat-394365 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaopu 5931 C (अपीलाथ"/Appellant) (""थ" /Respondent) "नधा"रती क" ओर से/ Assessee By : Shri Rakesh R. Shah, Ca राज"व क" ओर से /Revenue By : Shri Vinod Kumar, Sr. Dr सुनवाई क" तार"ख/ Date Of Hearing : 07/08/2023 घोषणा क" तार"ख/Date Of Pronouncement : 31/08/2023 आदेश / O R D E R Per Dr. A. L. Saini: Captioned Two Appeals Filed By The Assessee, Pertaining To Same Assessment Year (Ay) 2010-11, Are Directed Against The Separate Orders Passed By The National Faceless Appeal Centre, Delhi (For Short To As “Nfac” / Cit(A), Which In Turn Arise Out Of Separate Penalty Orders Passed By The Assessing Officer U/S 272B R.W.S 271B Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”] Dated 11.06.2018 & 13.06.2018 Respectively.

For Appellant: Shri Rakesh R. Shah, CAFor Respondent: Shri Vinod Kumar, Sr. DR
Section 272BSection 44A

Nileshkumar Ramlaxman Upadhyay, Surat vs. Income Tax Officer, Ward - 2, Bardoli

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 171/SRT/2023[2010-11]Status: DisposedITAT Surat31 Aug 2023AY 2010-11

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.171 & 172/Srt/2023 ("नधा"रणवष" / Assessment Years: (2010-11) (Virtual Court Hearing) Nileshkumar Ramlaxman Income Tax Officer Ward-2 Bardoli, 2Nd Floor, Bsnl Tower, Upadhyay Vs. 123, Bajar Faliyu, Raniamba Main Road, Bardoli-394601 Tapi, Surat-394365 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaopu 5931 C (अपीलाथ"/Appellant) (""थ" /Respondent) "नधा"रती क" ओर से/ Assessee By : Shri Rakesh R. Shah, Ca राज"व क" ओर से /Revenue By : Shri Vinod Kumar, Sr. Dr सुनवाई क" तार"ख/ Date Of Hearing : 07/08/2023 घोषणा क" तार"ख/Date Of Pronouncement : 31/08/2023 आदेश / O R D E R Per Dr. A. L. Saini: Captioned Two Appeals Filed By The Assessee, Pertaining To Same Assessment Year (Ay) 2010-11, Are Directed Against The Separate Orders Passed By The National Faceless Appeal Centre, Delhi (For Short To As “Nfac” / Cit(A), Which In Turn Arise Out Of Separate Penalty Orders Passed By The Assessing Officer U/S 272B R.W.S 271B Of The Income Tax Act, 1961 [Hereinafter Referred To As The “Act”] Dated 11.06.2018 & 13.06.2018 Respectively.

For Appellant: Shri Rakesh R. Shah, CAFor Respondent: Shri Vinod Kumar, Sr. DR
Section 272BSection 44A