Section 272A(1)(d) penalty not leviable if AO not acted on adjournment request of assessee

B. U. Bhandari Auto Pvt. Ltd. Vs ACIT (ITAT Pune) ITAT find that on receipt of notice u/s 142(1) dated 05.09.2019, the appellant sought time for 15 days to file the required details and the requisite details were filed on 04.11.2019. From the material on record, it appears that when the appellant sought time to file the details, the said application was not disposed of by the Assessing Officer either rejecting the said application or granting time. We also find that ultimately the assessment was completed by the Assessing Officer u/s 143(3) of the Act accepting the returned income. Thus, it wi...