This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No Section 271(1)(b) Penalty if Assessment completes U/s. 143(3)
Case Law Details
- Case Name
- Ramabhai Kanjibhai Patel Vs DCIT (ITAT Surat)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14 to 2017-18
- Courts
- All ITAT, ITAT Surat
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Ramabhai Kanjibhai Patel Vs DCIT (ITAT Surat)
The case of Ramabhai Kanjibhai Patel Vs DCIT (ITAT Surat) has significant implications for the levying of penalties under section 271(1)(b) of the Income Tax Act, 1961. It examine into a critical question – can a penalty under section 271(1)(b) be applied when an assessment has been completed under section 143(3)?
In the case at hand, the assessee, Ramabhai Kanjibhai Patel, had appealed against the levying of penalty under section 271(1)(b)/272A(1)(d) of the Act for assessment years 2013-14 to 2017-18. The penalty was imposed due to the asses...
