M/S. RENTWORKS MAURITIUS LTD.,, MUMBAI ACIT(international tax) 4(1)(1),, MUMBAI


Quick Summary
This Income Tax Appellate Tribunal (ITAT) case involves an appeal by M/s. Rentworks Mauritius Ltd. against an order from the Commissioner of Income Tax (Appeals). The appeal challenges the validity and defectiveness of a penalty notice issued under Section 274 read with Section 271 of the Income Tax Act. The tribunal condoned a delay in the filing of the appeal after considering the reasons provided.

Court :
ITAT Mumbai

Brief :
The assessee has filed an appeal against theorder of Commissioner of Income Tax (Appeals) -58, Mumbai, passed u/s. 271(1)(c) and 250 of the Income Tax Act, 1961. The assessee has raised the grounds of appeal challenging the Notice issued u/sec 274 r.w.s 271 of the Act for levy of penalty as invalid and defective.

Citation :
ITA No. 1419/Mum/2019

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