2011 (10) TMI 761

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.... Per I.C. Sudhir, JM The appellant has questioned the validity of penalty u/s. 271FA of the Act levied by the Ld. Director of Income Tax (CIB), Pune on several grounds. 2. The Ld. A.R. cited the decision of Pune Bench of the Tribunal in similar appeal in the case of The Shahada Peoples Co-op. Bank, Nandurbar Vs. The Director of Income-tax (CIB), Pune, ITA No. 1159/PN/2010, A.Y. 2009-10, order da....