2022 (12) TMI 1445 - HC - Income Tax

Penalty u/s 271D - HELD THAT - When the attention of learned Senior Counsel was drawn to the fact that impugned order is an appealable one and why petitioner has not filed appeal, he submits that issue involved in the matter is squarely covered by a decision of Jai Laxmi Rice Mills Ambala City 2015 (11) TMI 1453 - SUPREME COURT This aspect was specifically brought to the notice of the first respondent by making written submission on 02.06.2022. However, ignoring the above, impugned order came to be passed. Issue short notice to the respondents. Income Tax Department waives notice for both the respondents. List this matter on 23.12.2022 for admission hearing high on board when an endeavour may be made to hear the matter.

Summary

The High Court of Telangana heard a writ petition challenging an order passed by the assessing officer under Section 271D of the Income Tax Act, 1961. The petitioner's counsel cited a Supreme Court decision in Commissioner of Income-tax, Panchkula v. Jai Laxmi Rice Mills Ambala City to support their case. The court issued a short notice to the respondents and scheduled the matter for admission hearing on 23.12.2022.