under sub-section (3) of
Section 92D of the Act.
8.If the assessee fails to furnish the information called for, Section
271G provides ... required
under sub-section (3) of Section 92D , the Assessing Officer or the TPO, as
referred to in Section 92CA , or the Commissioner (Appeals
pertinent to refer Section 273B of the Income-tax Act, which provides for penalty not imposable in certain cases. The Section reads thus:
Penalty ... section 271A , section 271AA , section 271B , section 271BA , section 271BB , section 271C , section 271D , section 271E , section 271F , section 271FA , section 271FB , section 271G , clause
same was
in contravention of Section 269SS of the Act.
5. In this regard, it is apt to refer section 273B of the Act, which ... section 271A , section 271AA , section 271B ,
section 271BA , section 271BB , section 271C , section 271D , section 271E ,
section 271F , section 271FA , section 271FB , section 271G , clause
pertinent to refer Section 273B of the Income-tax Act, which provides for penalty not imposable in certain cases. The Section reads thus:
Penalty ... Section 271A , Section 271AA , Section 271B , Section 271BA , Section 271BB , Section 271C , Section 271D , Section 271E , Section 271F , Section 271FA , Section 271FB , Section 271G , Clause
invoking the provisions of Section 273-B of the Act. In this context, it would be useful to refer to Section ... section 271AA , section 271B , section 271BA , section 271BB , section 271C , section 271CA , section 271D , section 271E , section 271F , section 271FA , section 271FB , section 271G clause
deleting the penalty under Section 271B ?
5.1. To decide the above question of law, it is apt to refer Section 271B of the Act, which ... Section 271 , Section 271A , Section 271AA , Section 271B , Section 271BA , Section 271BB , Section 271C , Section 271D , Section 271E , Section 271F , Section 271FA , Section 271G , Clause
required by or under-
(i) sub-section (2) of section
115-O; or
(ii) the second proviso to
section 194B ,
then, such person shall ... section 271A , section 271AA , section 271B , section 271BA , section 271BB , section 271C , section 271D , section 271E , section 271F , section 271FA , section 271FB , section 271G , clause
under Section 139 of the Income Tax Act, 1961, the petitioner was issued
with a notice dated 23.09.2019 under Section 143(2) of the Income ... Therefore, a notice
dated 02.07.2021 was issued to the petitioner under Section 271G of the
Income Tax Act,1961 on 02.07.2021 by the Transfer Pricing
section 144C(2) of the Act, failing which
the final assessment order u/s. 143(3)
r.w.s 144C(13) read with section 144B ... Section 92CA(2) of the Income Tax Act, 1961.
28. The petitioner was thereafter issued with another notice of
penalty dated 02.07.2021 under Section 271G
belatedly. Section 273B of the Income-tax Act, reads as under:
"Notwithstanding anything contained in the provisions of clause (b) of sub-section ... section 271A , section 271AA , section 271B , section 271BA , section 271BB , section 271C , section 271D , section 271E , section 271F , section 271FA , section 271FB , section 271G , clause
