आयकर अपील(cid:547)य अ(cid:876)धकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘B’ Bench, Hyderabad BEFORE SHRI VIJAY PAL RAO, VICE PRESIDENT AND SHRI MANJUNATHA G. ACCOUNTANT MEMBER आ.अपी.सं /ITA No.2309/Hyd./2025 Assessment Year 2017-2018 Nithyananda Rao Volimineni, KARIMNAGAR The Income Tax Officer, vs.

PIN – 505 302. Ward-2, State of Telangana. KARIMNAGAR – 505 001.

PAN AAHPV1397E (Appellant) (Respondent)

For Assessee : Sri AV Raghuram, Advocate For Revenue : Dr. Sachin Kumar, Sr. AR Date of Hearing : 23.04.2026 Date of Pronouncement : 30.04.2026 आदेश/ORDER PER VIJAY PAL RAO, VICE PRESIDENT :

This appeal by the Assessee is directed against the Order dated 19.11.2025 of the learned CIT(A)--National Faceless Appeal Centre [in short “NFAC], Delhi, arising from the penalty Order passed u/sec.271D of the Income Tax Act [in short "the Act"], 1961 for the assessment year 2017-2018.

2. The assessee has raised the following grounds of appeal:

1. “On the facts and in the circumstances of the case, the order of the Id. CIT(A) is erroneous both on facts and in law.

2. The Id. CIT(A) erred in sustaining the penalty of Rs.63,74,600 levied by the AO u/s.271D of the Act.

3. The autho