IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER And SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER Assessment Years: 2014-15 Ram Garhia Cooperative Bank Vs Assistant Commissioner of Ltd. Income Tax, Central Circle-63(1), 1/4 , Desh Bandhu Gupta Road, New Delhi Pahar Ganj, Delhi-110055 (APPELLANT) (RESPONDENT)

PAN No.AAAJR0315H Assessee by Shri Bhupender Jeet Kumar, Adv. &

Shri Tushar, Adv. & Ms. Megha, Adv.

Revenue by Ms. Harpreet Kaur Hansra, Sr. DR Date of Hearing 16.02.2026 Date of Pronouncement 16.02.2026

ORDER

PER NAVEEN CHANDRA [A. M]:

The above captioned appeal is preferred by the assessee against the order dated 21.11.2019, passed by Learned Commissioner of Income Tax(Appeals)-33, New Delhi (hereinafter referred to as ‘ld. CIT(A)), under section 250 of the Income Tax Act, 1961 [hereinafter referred to as, “Act”] for Assessment Year 2014-15. The penalty order in this appeal is passed by the Assessing Officer [for short, AO] under section 274 r.w.s. 271(1)(c) of the Act.

2. The appeal pertains to penalty levied on the assessee under section 271(1)(c), the penalty proceedings were initiated on account of non-deduction of tax