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2017 (9) TMI 1923 - AT - Income TaxPenalty u/s 271(1)(b) - Delay in furnishing required details - as submitted that the assessment was completed u/s 143(3) of the Act which was proof enough that the assessee had duly cooperated during the course of assessment proceedings - HELD THAT:- We find that the instant appeal is squarely covered by the decision of Akhil Bhartiya Prathmik Shikshak Sangh Bhawan trust [2007 (8) TMI 386 - ITAT DELHI-G] - we hold that the imposition of penalty u/s 271(1)(b) of the Act was patently wrong, especially in view of the fact that the impugned assessment order has been passed u/s 143(3). While setting aside the impugned order, we direct the Assessing Officer to delete the penalty. Appeal of the assessee is allowed.
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