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2017 (9) TMI 466 - AT - Income TaxLevy of penalty under section 271(1)(b) - non compliance to notice under section 143(2)/142(1) - Held that:- It appears that assessee has disclosed the reasonable cause for failure to comply with the statutory notice and on the same reasoning, the Ld. CIT(A), cancelled the penalty under section 271(1)(b) of the I.T. Act for two years in both the appeals. Therefore, following the rule of consistency, the Ld. CIT(A) should have cancel the penalty in this year as well. We, accordingly, set aside the orders of the Ld. CIT(A) and cancel the penalty. Accordingly, the grounds of the assessee are allowed.
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