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2015 (4) TMI 1276 - AT - Income TaxLevy of penalty u/s 271(1)(b) - non furnishing of the documents - assessments proceedings were completed meaningfully under provision of section 143(3) - HELD THAT:- Penalties levied u/s 271(1)(b) r.w.s. 142(1) for non furnishing of the documents, are not sustainable, when relevant assessments were completed meaningfully after due process of scrutiny under the provision of section 153C r.w.s 143(3)/144 of the Act. Considering the same, we find the present case the assessments were computes after scrutiny. Therefore, we find that these are not fit cases for levy of penalty u/s 271(1)(b) of the Act. Accordingly ground raised by all these appeals are allowed. See Akhil Bhartiya Prathmik Shikshak Sangh Bhawan Trust Vs. Assistant Director of Income [2007 (8) TMI 386 - ITAT DELHI-G] - Decided in favour of assessee.
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