There cannot be second round of Section 271(1)(b) penalty for same default

Amar Bharti Vs ACIT (ITAT Jaipur)

ITAT Jaipur held that there cannot be a second round of penalty for the same defaults. Accordingly, penalty imposed u/s 271(1)(b) of the Income Tax Act for the second time is unsustainable.

Facts- The case of the assessee has been selected through CASS for the purpose of ‘Limited Scrutiny’ reasons for scrutiny selection. The assessment was completed u/s. 143(3) of the Act but since the assessee has made default in the reply to the various notices issued by the ld.

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