2025 (10) TMI 1235

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....7.2024 of the Learned Assessment Unit (hereinafter referred as "the Ld. AO") under Section 271F of the Act for assessment year 2015-16. 2. Brief facts of the case are that the assessee did not file return of income for assessment year 2015-16. The Ld. AO had information that the assessee had made payment of Rs. 52,50,000/- each to Shri Hemant Joshi and Sneh Joshi for purchase of immovable property and earned interest income of Rs. 28,145/- from SBI and paid credit card bills of Rs. 8,55,500/-. The assessment in this case was completed on 29.10.2024 at a total income of Rs. 1,86,00,710/-. The Ld. AO also initiated penalty proceedings under Section 271F of the Act for not filing return of income. According to Ld. Assessing Officer, the ass....

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....he did not have taxable income during the year which may be noted from the amount of income of Rs. 1,90,110/- as declared in the return of income filed by her on 03.05.2022 in response to the notice under Section 148 of the Act dated 04.04.4022. The assessee also submitted that the details of credit card expenditure as well as the property purchased are correct but as a homemaker she had no idea that she was, in fact, required to file a return of income for the said year. The assessee also submitted that the period in question when the assessee was required to make compliance to the provisions of section 139(1) of the Act for assessment year 2015-16 i.e. between June to October, she was under severe stress dealing with failing marriage of h....

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....hter wherein it was stated that on 17.02.2016, the divorce petition was filed before the matrimonial court in Gurgaon which required considerable time and effort on assessee's part. The relevant submissions of the assessee in said para 4 are reproduced as under: "4. The Assessee's daughter was married in June 2014, and entered what was to become an abusive relationship. In May 2015, after several instances of violence and abuse, the Assessee's daughter returned to her, and the Assessee was made responsible as care giver, provider, as well as coordinator for the protracted matrimonial battle in courts. On 17.02.2016, the divorce petition was filed before the matrimonial court in Gurugram, which required considerable time and effort ....