M/S. New Delhi Television Ltd., New ... vs Dcit, New Delhi on 14 July, 2017
order of the DIT (I&CI), Hyderabad, passed u/s
271FA of the Act, dated 11.4.2017.
2. It is seen that these appeals ... does not specify
the order of penalty u/s. 271FA as an appealable order before the
ITAT, the assessee was asked to show cause
assessee against the penalty of
Rs. 55,700/- levied u/s. 271FA of the Income Tax Act [Act] by the
DIT(I&CI), Hyderabad ... does not specify
the order of penalty u/s. 271FA as an appealable order before the
ITAT, the assessee was asked to show cause
penalty of Rs. 10,37,000/-
10,37,000/ under
section 271FA of the Income tax Act, 1961, for the alleged delay
in filing Form ... note of the delay, the Assessing Officer
initiated penalty proceedings under Section 271FA of the Act on
29.04.2024
4.3 The assessee, invoking Section 273B
following grounds of appeal :-
1. The impugned penalty order u/s 271FA dated 20.10.2020 as well as
the notice u/s 271FA ... case in confirming the penalty of Rs. 1,50,000/-
u/s 271FA imposed by the ld. AO i.e. Adl./ADIT
Commissioner of Income-tax (Appeals), against penalty levied under
section 271FA of the Income Tax Act, 1961 (in short 'the Act'). The
year ... Asstt. Year Date of order of CIT(A) Penalty levied u/s 271FA
against the penalt y levied under section 271FA of the Income Tax
Act, 1961 ( 'the Act' for short ). All these appeals relating ... action of the A.O. in upholding the penalty levied u/s 271FA of
the Income Tax Act, 1961 without passing a speaking order
Income-tax (CIB),
Chandigarh, are as under:
2
"Order u/s 271FA of the Income-tax Act, 1961
The Manager, the Gurdaspur Central ... event of failure to furnish the Air, penalty is leviable
u/s 271FA which is reproduced as under:-
"If a person who is required
show cause notice dated 26.09.2018 was issued for imposing
penalty under section 271FA of the Act since assessee had not filed ... Rules, 1962. The assessee filed objections to the notice issued under section
271FA of the Act. The AO not being satisfied with the explanation submitted
Income Tax (Appeals) - 1, Guntur
dated 26.07.2018 involving proceedings under section 271FA
r.w.s. 274 of Income Tax Act, 1961 (in short ... Income Tax(Appeals) could have
dropped the levy of penalty u/s 271FA for Rs. 1,28,700/-."
2. The brief facts