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When is penalty not levied u/s 27l(l)(c) of the Income Tax Act?


Last updated: 23 July 2021

Court :
ITAT Delhi

Brief :
 This appeal is preferred by the Department against order dated 20.06.2017 passed by the Learned Commissioner of IncomeTax (Appeals)-36, New Delhi {CIT(A)} for Assessment Year 2012-13.The sole issue under challenge is deletion of penalty of Rs.87,94,892/- imposed u/s 271(1)(c) of the Income Tax Act, 1961 (hereinafter called ‘the Act’).

Citation :
ITA No.5522/Del/2017

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