2025 (5) TMI 1783

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.... The present appeal is filed by the Assessee against the order of the Commissioner of Income Tax (Appeals)-2, Laxmi Nagar District Centre, New Delhi dated 17/07/2015 pertaining to Assessment Year 2005-06. 2. The Grounds of Appeal are as under:- "1) The Ld. AO has erred in the spirit of law and the principles of natural justice by ignoring the following facts: a. Age and ill health of the asse....

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....re ignored. g. Therefore, holding the assessee liable for default in not paying the tax due together with interest is unjust. 2) It is also prayed that the Ld. AO may be directed to cancel the demand in the absence of serving any valid notice u/s 143(3)/147 before 31.03.2012 and the original order u/s 148 being unlawful and void-ab-initio, the penalty could not be levied for AY 2005-06. 3) T....

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....to passed on 27/09/2013 for Assessment Year 2005-06 by imposing penalty of Rs. 17,74,931/- which is at 10% of undisclosed income. Aggrieved by the order of the penalty dated 27/09/2013, the Assessee preferred an Appeal before the Ld. CIT(A). The Ld. CIT(A) vide order dated 17/07/2015, dismissed the Appeal filed by the Assessee, which has been called in question before us on the grounds mentioned a....