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Assessee appeals that order under section 27ID of the Income Tax Act was barred by limitation and therefore, deserved to be quashed


Last updated: 07 August 2021

Court :
INCOME TAX APPELLATE TRIBUNAL DELHI BENCH

Brief :
This appeal is filed by the assessee against the order of the ld CIT(A)-8, New Delhi [ The ld CIT (A)] dated 15.01.2020 wherein, the appeal filed by the assessee against the order passed u/s 271D of the Income Tax Act, 1961 [ The Act] by the Joint Commissioner of Income Tax, Range-23, Delhi,[The ld Adjudicating Authority ] levying penalty of Rs. 1,58,00,000/- was confirmed.

Citation :
ITA No. 783/Del/2020

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