ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending

ITO Vs Dipali Singha Roy (ITAT Kolkata) The Revenue appealed against the order dated 30.04.2025 passed by the Commissioner of Income Tax (Appeals), NFAC, Delhi, relating to penalty proceedings under Section 270A of the Income Tax Act, 1961. The Assessing Officer (AO) had levied penalty through an ex parte order dated 12.06.2023. Although the assessee did not comply with notices issued during both the assessment and appellate proceedings, the CIT(A) partly allowed relief by deleting a penalty of Rs. 73,47,400 while confirming a penalty of Rs. 4,66,462. The Revenue challenged the deletion of the...