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2016 (12) TMI 804 - ITAT COCHINPenalty levied u/s. 271(1)(c)- Held that:- Admittedly, the assessee has acted in total disregard of the statutory obligations and has not co-operated in the assessment proceedings and has driven the Assessing Officer for making the assessment u/s. 144 of the Act. The assessee had also courted the penalty u/s. 271B as well as the penalty u/s. 271(1)(e) which were also appealed against before the Ld. CIT(A) who confirmed the same. Thus there is clear and categorical finding by both the Assessing Officer as well as the Ld. CIT(A) that the assessee acted in total disregard of the statutory obligations and was callous in his approach to the statutory notices issued and there was failure to comply with such notices. In the circumstances and facts of the case, we are not inclined to interfere with the orders of both the Assessing Officer as well as of the Ld. CIT(A) and accordingly, we uphold the same as correct and in accordance with law. Thus all the grounds of the assessee are dismissed.
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