2017 (3) TMI 1756

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....ome Tax Act, 1961(hereinafter referred to as "the Act") by the DCIT (Central)-1 Bhopal [hereinafter referred to as the AO], for the above assessment years. 2. In the grounds of appeals, the assessee has assailed the order of Ld. CIT(A) in confirming the penalty of Rs. 10,000/- levied under section 271(1)(b) of the Income-tax Act, 1961, for assessment years 2008-09 to 2014-15. 3. The facts of the case are that a search in the case of the assessee had taken place on 29.01.2014. Consequently, proceedings u/s 153A were initiated. After that notices were issued by the AO u/s 142(1) of the Income-tax Act, 1961, on 30.09.2015 fixing the date of hearing for 15.10.2015 to submit the required information/documents as per the questionnaire along w....

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.... that no compliance was made by the assesse on that date. The case laws relied upon by the assessee are contradictory in nature and do not support the case of the assessee. Hence the Ld. CIT(A) confirmed the penalty levied by the AO. 5. Being aggrieved, the assessee filed this appeal before the Tribunal. The Ld. AR contended before the AO that Sheri D.S. Tiwari, counsel of the assessee attended on 15.10.2015 before AO to seek further extension of time. Further, the ld. Authorized Representative of the assessee attended before AO on 17.12.2015 and filed the replies in all the cases including the case of the assessee. He further contended that the penalty u/s 271(1)(b) has been levied for default in not making the compliance on 15.10.2015 o....