2022 (12) TMI 63

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....ising out from the order of the ld. ITO Ward-2(4), Abohar (in brevity the AO) order passed u/s 271(1)(c) dated of order 30.08.2016. 2. The brief fact is that the order was made u/s 271(1)(c) of the Act adequate basis the tax was levied and the total evaded tax by the assessee Rs.3,38,517/-. The ld. AO initiated penalty u/s 271(1)(c) and levied penalty on basis of 100% of tax amount to Rs. 73,645/-. The aggrieved assessee filed an appeal before the ld. CIT(A) and the ld. CIT(A) uphold the order of the ld.AO. The ld. Counsel filed a written submission on dated 24/06/2022. The main grievance was that the notice initiated by the ld. AO was not determined the allegation of the assessee whether it is concealed income or furnished inaccurate part....

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....nbsp;           Dated, Abohar, the 18th Feb. 2016 To Sh. Krishan Kumar Sharma S/o Amarnath Sharma Basti Hazoor Singh, Fazilka Whereas in the course of proceedings before me for the assessment year 2009-10 it appears to me that you: - *Have without reasonable cause failed to furnish me return of income which you were required to furnish by a notice given under section 22(1/22(2)/34 of the Indian Income Tax Act, 1922 on which you were required to furnish under section l39(1) or by a notice given under section 139(2)/148 of the income tax act, 1961, No.;____________dated_______or required by the said section 139(1) or by such notice. *Have without reasonable cause failed to c....