2026 (5) TMI 1060

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....DER This is an appeal filed against the order dated 14-10- 2025 passed by National Faceless Appeal Centre (NFAC), Delhi for assessment year 2019-20. 2. The grounds of appeal are as under:- "1. The Commissioner of Income Tax (Appeals) has erred in law and facts by confirming a penalty of Rs. 2,31,504 under Section 270A of the Income Tax Act, alleging under-reporting in consequen....

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.... resultant tax demand to avoid prolonged litigation and maintain peace of mind. The said addition was deleted in the similar case by Ahmedabad Tribunal, hence the allowability of donation to a political party is itself a debatable issue. Hence, considering the facts of the case, the appellant has not underreported any income in consequence to misreporting of any income, penalty l....

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....equent statements provided by their officials. The Assessing Officer disallowed the donation claimed under section 80GGC. The assessee has accepted the disallowance and paid the resultant tax demand to avoid prolonged litigation and maintain peace of mind. The AO has initiated penalty proceedings u/s 270A vide notice dated 20/12/2024 and subsequent notices. The assessee had filed an application to....

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.... as the assessee was genuinely believing the deduction to that extent. The ld. A.R. relied upon the following decisions:- (i) G R Infraprojects Ltd. vs. ACIT (2024) 158 taxmann.com 80 (Rajasthan) (ii) Prem Brothers Infrastructure LLP vs. NFAC (2022) 142 taxmann.com 38 (Delhi) (iii) Abhishek Jayketu Joshi vs. AC Cir 42(2)(1) order dated 13-01-2026 6. The ld. D.R. relie....