2025 (10) TMI 135

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Kumar Keshari - CIT(DR) ORDER PER BENCH : This is an appeal filed by the assessee against the order of ld.Commissioner of Income Tax (Appeal)[NFAC], dated 17.05.2024 for A.Y.2013-14 passed under section 250 of the Income Tax Act, 1961; emanating from penalty order under section 271(1)(b) of the Act, 1961. The Assessee has raised the following grounds of appeal : "1. On facts and ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....omply the notices. Hence, ld.AR pleaded that penalty may be dropped. Submission of ld.DR: 3. Ld.Departmental Representative(ld.DR) for the Revenue relied on the order of Assessing Officer (AO) and ld.CIT(A). Findings and Analysis : 4. We have heard both the parties and perused the records. It is observed that Assessing Officer had levied penalty under section 271(1)(b) of the Act for n....