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2018 (5) TMI 2108 - AT - Income TaxPenalty u/s 271(1)(b) - assessee has not complied with the notice fixing the date of hearing in assessment proceedings - assessee received notices under section 153A - HELD THAT:- As per the case of a group company in Glenasia Commodities Pvt. Ltd [2017 (10) TMI 1596 - ITAT DELHI] we are of the considered opinion that the plea taken by the assessee that because of the huge work involved in furnishing information in 12 cases for 6 years constitutes a proper and plausible explanation. Further, we find that the ratio laid down in Akhil Bharatiya Prathmik Shikshack Sangh Bhawan trust’s [2007 (8) TMI 386 - ITAT DELHI-G] case squarely applies to the facts of this batch of cases. We, therefore, find that the penalty levied under section 271(1)(b) of the act cannot be sustained. We accordingly direct the Ld. AO to delete the same. - Decided in favour of assessee.
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