2024 (3) TMI 1121

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....sessee's three appeals, arise against the National Faceless Appeal Centre [in short the "NFAC"] Delhi's as many Din and Order Nos.ITBA/NFAC/S/250/2022-23/1044988054(1); 1044988235(1) and 1044988211(1); all dated 27.08.2022, involving proceedings u/s. 271(1)(c) [for A.Y.2016-2017]; and sec.270A [for latter A.Ys. 2017-2018 and 2018-2019] of the Income Tax Act, 1961 (in short "the Act"); respectively....

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....er sec. 80C deduction(s) is an instance of "furnishing inaccurate particulars of income" in para-iii pages 7 to 8 in the NFAC's order. Whereas it's impugned discussion in para. 7.9 onwards holds it as a fit case for confirming the impugned penalty after having found the assessee having concealed his taxable income. I am of the view that such a deviation regarding applicability of the statutory twi....