Indore dated 10.07.2018 which is arising out of the
order u/s 271AAB of the Income Tax Act 1961(In short ... penalty of Rs. 2,04,900/-
levied by the AO u/s 271AAB in respect of alleged unaccounted cash of Rs.
6,83,000/-. That
evenly dated 14.06.2019 which are arising out
of the order u/s 271AAB of the Income Tax Act 1961(In short ... appreciating that the penalty notice
issued u/s 274 r.w.s. 271AAB mechanically, mentioning irrelevant and
inapplicable charges and not mentioning the charges
Indore dated 14.08.2018 which is arising out of the
order u/s 271AAB(1)(c) of the Income Tax Act 1961(In short ... erred in confirming the penalty u/s 271AAB of the
Act of Rs.64,22,348/- levied by Assessing Officer which is not in
accordance
Jaipur dated 25.04.2019 for the Assessment Year
2014-15 passed u/s 271AAB of the Income Tax Act, 1961 (in short ... penalty of Rs.
62,70,000/- imposed by the AO u/s 271AAB(1)(c) of the I.T. Act,
1961 ignoring the fact that
Kolkat-20/12433/2015-16 involving penalty
proceedings u/s 271AAB of the Income Tax Act, 1961; in short 'the Act'.
Heard both ... instant appeal
seeks to reverse the CIT(A)' action deleting sec. 271AAB penalty of
ITA No.2224/Kol/2018 A.Y. 2013-14
DCIT
notice issued by assessing officer for initiating the penalty
u/s 271AAB of the I.T. Act, 1961 is not in accordance with ... default for which the Ld. AO sought to
impose penalty u/s 271AAB.
2. That without prejudice to the ground No. (1) above
penalty to the tune of Rs. 2,70,377 /-
under section 271AAB of the Act by the Id. AO on disclosure of additional income ... therefore appellant cannot be held guilty for levying
penalty under section 271AAB of theAct.
2.02 Your appellant prays to hold so now and delete
That as the Learned AO has not initiated penalty u/s 271AAB on
income shown suo-motto at Rs. 5,20,000/- therefore penalty ... well explained during assessment
proceedings, penalty u/s 271AAB on it amounting to Rs. 24,000/- also
being not leviable needs deletion."
2. Regarding
Udaipur arising from penalty order passed
u/s 271AAB of the Act for the Assessment Year 2014-15. The assessee
has raised the following grounds ... erred in passing the order u/s 271AAB of the I.T. Act,
1961 which is void ab inito deserves to be quashed
assessment year 2013-14 confirming the levy of penalty U/s 271AAB of
the IT Act.
2. Since all this matters are arising ... dated 06.10.2017 and separately has confirmed the levy of
penalty U/s 271AAB of the IT Act earlier vide his order dated
