Is penalty u/s 271(1)(c) sustainable when the AO has rejected book results and adopted a higher profit ratio on estimate basis?


Last updated: 11 August 2021

Court :
ITAT Delhi

Brief :
This appeal filed by the assessee is directed against the order dated 31st January, 2018 of the CIT(A), Ghaziabad, relating to assessment year 2013-14.

Citation :
ITA No.2059/Del/2018

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