Punjab Metal Store - Appeal of the assessee is allowed as penalty charged has been deleted


Last updated: 09 February 2021

Court :
ITAT New Delhi

Brief :
This appeal is filed by the assessee against the order of the ld. CIT (Appeals)-20, New Delhi, dated 18.03.2019 wherein the ld. CIT (Appeals) has confirmed the levy of the penalty of Rs.6,09,970/- under Section 271(1)(c) of the Income Tax Act, 1961 (the Act) levied by the Income Tax Officer, Ward 63 (3) New Delhi, dated 29.09.2016 for the Assessment Year 2008-09.

Citation :
ITA No. 3820/Del/2019

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