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TMI Blog2019 (7) TMI 1002X X X X Extracts X X X X X X X X Extracts X X X X ..... see were claimed to have filed returns after a search was conducted in their premises u/s 132 - Department s case was that but for such search, the income now offered to tax by the Assessee would not have been so offered - HELD THAT:- Tribunal has correctly observed in its impugned order that the penalty notices in these cases were not issued for any specific charge, that is to say, for concealmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Income Tax Appeals challenge a Judgment and Order of the Income Tax Appellate Tribunal, Panaji Bench, which is a common order passed in three connected appeals. 2. The subject matter of Appeals concerns penalty levied by the Assessing Officer on the ground that the Assessees had not filed returns within the due date. The Assessees were claimed to have filed returns after a search was conducted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... voked for initiating the penalty proceedings. The Court took the view that the matter was covered by an earlier decision of a Division Bench of that Court and did not involve any substantial question of law. The matter, thereafter, went in an SLP before the Supreme Court, who did not find any merit in the petition. The Tribunal also noticed that the jurisdictional High Court in the case of 392 ITR ..... X X X X Extracts X X X X X X X X Extracts X X X X
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