The Commissioner Of Income Tax vs M/S.Idhayam Publications Limited on 23 January, 2006
36. All these appeals relate to the penalty u/s 271D of the Act. The facts,
arguments and the legal propositions are identical, in principle, in all the five appeals
under consideration. Therefore, our findings given in the context of the appeal in
the case of Lodha Builders P Ltd (supra) are applicable to all the other five
appeals of the assessees. Accordingly, the grounds raised in these appeals under
consideration are also allowed.