2019 (2) TMI 523

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..... that the authorities below have taken a reasonable view in the given facts in imposing and confirming the penalty u/s.271D of the Act. We, therefore, uphold the same. - Decided against assessee. - ITA No.389/PUN/16 - - - Dated:- 7-2-2019 - Shri R.S. Syal, Vice President And Shri Vikas Awasthy, Judicial Member For the Appellant : None For the Respondent : Ms. Shabana Parveen ORDER .....

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..... n the first round, it set-aside the penalty order and remitted the matter to the file of AO for deciding it afresh. In the de novo proceedings, the AO has again imposed penalty of ₹ 15 lakh, which has been upheld by the impugned order. 3. We have heard the ld. DR and perused the relevant material on record. The case was originally fixed for hearing on 30-01-2018 and the notice was sent. .....

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..... evant facts. Penalty has been imposed for violation of provisions of section 269SS of the Act, which ex facie , appears to be correct. In the absence of any explanation forthcoming from the side of the assessee, we are convinced that the authorities below have taken a reasonable view in the given facts in imposing and confirming the penalty u/s.271D of the Act. We, therefore, uphold the same. .....

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