2022 (1) TMI 887

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..... avi, JM This appeal by the assessee is directed against the order dated 23-07-2018 passed by the AO imposing penalty of Rs. 1,32,800/- u/s. 271FA of the Income-tax Act, 1961 (hereinafter also called 'the Act') in relation to the Assessment Year 2017-18. 2. Briefly stated, the facts of the case are that the assessee, a Cooperative Bank, was required to furnish a Statement of Financial Tra .....

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..... ntains a list of the orders appealable by the Revenue. Section 253(1) does not contain an order passed u/s. 271FA. In that view of the matter, the ld. AR was confronted with this position and required to make contention as to why the appeal should not be dismissed as not maintainable. On the next date of hearing, the ld. AR relied on an order passed by the Kolkata Bench of the Tribunal in Malda Di .....

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..... ITA No. 827/PN/2010). Vide its order dated 21-10-2011, the Tribunal dismissed the appeal as not maintainable. Similar view has been taken by various other benches. 4. It has been brought to our notice that this very issue came up for consideration before the Hon'ble Rajasthan High Court in Sub-Registrar, Suratgarh, District Sri Ganganagar Vs. DIT (CIB) (2013) 258 CTR 446 (Raj). The Hon'bl .....

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