erred in confirming the levy of penalty u/s 270A of the Act in consequence
to the assessment completed in terms of Section 153C ... failed to appreciate that the levy of penalty u/s 270A of the Act on the facts
and in the circumstances of the case
2025
of orders of AO imposing penalties u/s.271(1)(c) / 270A / 271AA
of the Act. The relevant Assessment Years ... 1651/Chny/2025 2017-18 12.03.2025 28.09.2022 270A 62,74,154
3 1652/Chny/2025 2018-19 12.03.2025 28.09.2022 270A 92,46,838
4 1653
confirming the
penalty u/s.270A of the Income Tax Act, 1961 (hereinafter referred to as
'the Act') levied by the Assessing Officer ... outset, the Ld.AR submitted that levy of penalty
u/s.270A(9)(a) of the Act is bad in law, since the AO failed
deal with the legal issue raised against the penalty
levied u/s.270A of the Act for AY 2018-19 & AY 2019-20. Since ... permeating in the three (3) appeals against the penalty levied u/s.270A
of the Act, are identical/similar, we take up the appeal filed
appellate orders in respect of the penalty order passed u/s.270A of
the Act and the rectification order passed
confirming the action of learned assessing
officer in levying penalty under section 270A(9) of the Act .
2. The learned CIT(A) ought to have ... that the AO erred in stating in
the notice issued u/s.270A that the appellant had "under reported and
under reporting
confirming the action of learned assessing
officer in levying penalty under section 270A(9) of the Act .
2. The learned CIT(A) ought to have ... that the AO erred in stating in
the notice issued u/s.270A that the appellant had "under reported and
under reporting
appellate orders in respect of the penalty order passed u/s.270A of
the Act and the rectification order passed
appellate orders in respect of the penalty order passed u/s.270A of
the Act and the rectification order passed
deleting the penalty
levied u/s.270A(9) of the Income Tax Act, 1961 (hereinafter in short "the
ITA Nos.2097 & 2098/Chny ... under sub-clause (a) of sub- section 9 of
section 270A of the Act. Therefore, according to him, the Ld.CIT(A) erred
in deleting
