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2019 (6) TMI 1084 - AT - Income TaxPenalty imposed u/s 272A(2)(c) - non furnishing the information called for u/s 133(6) - period of limitation - HELD THAT:- As decided in M/S. KAKOOR SERVICE CO-OPERATIVE BANK LTD [2018 (1) TMI 548 - ITAT COCHIN] notice issued u/s 133(6) should be reckoned for considering the time limit u/s 275(1)( c) of the Act is de-void of any merits; because Section 275(1)( c) prescribes the time limit only from the date of initiation of penalty proceedings; namely issuance of notice u/s 274 Reasonable cause, as mentioned in section 273B of the Act for non furnishing information sought u/s 133(6) - assessee has not offered any valid reason for not furnishing the information called for u/s 133(6) of the Act. Many of the notices issued by the ITO (Intelligence) were never responded to by the assessee. In many instances the Assessing Officer has mentioned that when they had approached, the assessee Society, for seeking information u/s 133(6) of the Act, there was total lack of co-operation on the part of the assessee society as well as threat (reference order imposing penalty u/s 272A(2)(c ) - Decided against assessee.
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