https://www.taxtmi.com/caselaws?id=360923 The ITAT dismissed the assessee's appeals challenging the penalty order under Section 271FA, emphasizing that such orders are not directly appealable before ITAT. The ITAT found discrepancies in the penalty imposition, noting errors in dates and misinterpretation of the assessee's status as a Cooperative Society. It clarified that Rule 114E of the IT Rules was not applicable to the assessee, as it was not akin to Banking Companies or Cooperative Banks. The ITAT advised the assessee to follow the proper appeal procedures by appealing before the CIT(A) as directed by the DIT(I&CI). en-us Wed, 23 May 2018 00:00:00 +0530 Fri, 25 May 2018 08:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360923 The ITAT dismissed the assessee's appeals challenging the penalty order under Section 271FA, emphasizing that such orders are not directly appealable before ITAT. The ITAT found discrepancies in the penalty imposition, noting errors in dates and misinterpretation of the assessee's status as a Cooperative Society. It clarified that Rule 114E of the IT Rules was not applicable to the assessee, as it was not akin to Banking Companies or Cooperative Banks. The ITAT advised the assessee to follow the proper appeal procedures by appealing before the CIT(A) as directed by the DIT(I&CI). Case-Laws Income Tax Wed, 23 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360923