2024 (1) TMI 854

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....oudhary, Adv. For the Revenue : Shri Kanv Bali, Sr. DR ORDER PER M. BALAGANESH, A. M.: 1. The appeal in ITA No. 1633/Del/2022 for AY 2010-11, arises out of the order of the Commissioner of Income Tax (Appeals)-27, New Delhi [hereinafter referred to as 'ld. CIT(A)', in short] in Appeal No. 27/10073/2009-10 dated 18.05.2022 against the order of assessment passed u/s 272A(2)(k) of the Inc....

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....nvenience. 3. The only effective issue to be decided in all these appeals is as to whether the ld. CIT(A) was justified in confirming the levy of penalty u/s 272A(2)(k) of the Act in the facts and circumstances of the instant case. 4. We have heard the rival submissions and perused the materials available on record. It is not in dispute that the assessee had furnished its TDS returns on a qu....

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.... TDS with applicable interest without receiving any notice from the income tax department. Accordingly, it was pleaded that there was only a technical venial breach committed by the assessee , for which it should not be invited with the levy of penalty u/s 272A(2)(k) of the Act. The ld. AO however did not heed to the aforesaid contentions of the assessee and proceeded to levy penalty u/s 272A(2)(k....