Appeals) 31, in
relation to the penalty proceedings u/s 271C for the assessment year
2017-18. Assessee has challenged levy of penalty ... 271C mainly on
the following grounds:-
"1. That under the facts and circumstances the levy of penalty
circumstances of the case, the penalty
order dt. 11.01.2018 passed u/s 271C of the Income Tax Act,1961 by
the ld. Assessing Authority ... Under the facts and circumstances of the case, the penalty u/s
271C of the Act levied by the ld. Assessing Authority on the appellant
Appeals) 31 in
relation to the penalty proceedings u/s 271C for the assessment years
2014-15, 2015-16. Assessee has challenged levy of penalty ... 271C
mainly on the following grounds:-
I. "That the Commissioner of Income Tax Appeals ['CIT (A)'] erred on
facts
2017 was against
the levy of penalty u/s 271C of the Act. Both the appeals were
heard together and were disposed of vide common ... correct in law in assuming
jurisdiction and levying penalty u/s 271C of the Act in the light
of his clear finding that the assessee
aside.
2.That the AO erred in levying penalty under Section 271C of the
Income-tax Act, 1961 ("the Act"), although the necessary ... That the AO erred in levying penalty under Section 271C of
the Act on the ground that the Appellant had not deducted tax
as required
source. The
provisions of Sec.271-C reads thus:-
"Section: 271C.
1) If any person fails to--
ITA Nos.709 to 713/Bang/2019 ... cause for the failure to deduct tax then the penalty under Section 271C
is waived off. Sec.273-B reads thus:-
" Section 273B - Penalty
arise out of the penalty levied u/s 271C of the
Income Tax Act 1961 (the 'Act'). As common issues are involved ... confirming penalty of Rs.1,81,00,765 u/s. 271C of I. T. Act, 1961.
2. confirming the above penalty on the ground that
Bang/2019
Page 7 of 16
"Section: 271C.
1) If any person fails to--
a) deduct the whole or any part ... cause
for the failure to deduct tax then the penalty under Section 271C is waived
off. Sec.273-B reads thus:-
" Section 273B - Penalty
following grounds of appeal:-
"1. Impugned order passed u/s 250/271C is bad in law and on
facts being against the principal ... erred in levying penalty under section 271C of the
Income tax Act, 1961 amounting to Rs. 99,850/- on the appellant
University for alleged
against different orders of the
CIT(A) dated 24.09.2010 passed u/s 271C of the I.T.Act, for
assessment years ... reasons mentioned hereinabove, however, no penalty
proceedings under section 271C shall be taken in any of these cases
as the issue involved was a nascent
