B.H. TRADING CO. vs. DCIT, CC-29, NEW DELHI

Parties Involved

Facts Summary

These 07 appeals by the Assessee, B.H. TRADING CO., are directed against the separate orders of the Ld. CIT(A)-30, Delhi pertaining to the assessment years 2015-16, 2014-15, 2016-17, 2017-18, 2019-20, 2020-21, and 2018-19. The appeals relate to sustaining the penalty under section 271(1)(b) for Appeal Nos. 4570, 4572 & 4573/Del/2024 and under section 272A(1)(d) for non-compliance for Appeal Nos. 4574, 4575, 4576 & 4577/Del/2024. The Assessee raised common grounds in these appeals, including the argument that the Assessing Officer (AO) imposed the penalty without appreciating the correct facts and that the proceedings were contrary to the provisions of section 153C of the Act. None appeared on behalf of the assessee despite the issue of notice of hearing.…

Legal Issues

• 1. Whether the AO was justified in imposing the penalty of Rs. 30,000/- on account of alleged non-compliances of various statutory notices issued.
• 2. Whether the proceedings were contrary to the provisions of section 153C of the Act.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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