2025 (9) TMI 273

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....M: This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi (hereinafter referred to as 'the CIT(A)') dated 29.02.2024, for assessment year 2010-11 confirming penalty levied u/s. 271(1)(c) of the Income Tax Act, 1961(hereinafter referred to as 'the Act'). 2. The appeal is time barred by one day as per th....

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....s of income of Rs.7,50,000/- ". 4. While levying penalty vide order dated 25.03.2022, the AO held as under: "The assessee has not furnished any evidence to the effect that the assessee has not concealed particulars of income. Accordingly it is held that penalty is leviable u/s.271(1)(c) for concealment of particulars of income." 5. The ambiguity in the mind of AO with regard to char....