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No Section 271FA penalty for delay in filing SFT return for genuine reasons
Case Law Details
- Case Name
- Jhalawar Kendriya Sahakari Bank Ltd., Vs ADIT (I&CI) (ITAT Jaipur)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2019-20
- Courts
- All ITAT, ITAT Jaipur
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Jhalawar Kendriya Sahakari Bank Ltd., Vs ADIT (I&CI) (ITAT Jaipur)
Introduction: The case of Jhalawar Kendriya Sahakari Bank Ltd. vs. ADIT (I&CI) revolves around a penalty imposed for non-compliance with tax filing regulations. This article provides a comprehensive analysis of the legal proceedings and the verdict of the ITAT Jaipur.
Detailed Analysis: The appellant, Jhalawar Kendriya Sahakari Bank Ltd., challenged the penalty order issued by the ld. CIT (Appeals), NFAC Delhi, dated 24.06.2022, concerning the assessment year 2019-20. The grounds of appeal primarily que...
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