Penalty Notice issued without deleting or striking off  inapplicable part: ITAT Deletes Penalty levied u/s 271(1)(c)  of Income Tax Act [Read Order]

itat mumbai - ITAT Penalty Deletion - Inapplicable Penalty Notice - Incorrect Penalty Notice Deletion - ITAT Decisions on Tax Penalties - Taxscan

Mumbai bench  of  Income Tax Appellate Tribunal (ITAT), while deleting the penalty levied under Section 271(1)(c) of the Income Tax Act, 1961 the bench held that penalty notice was issued without deleting or striking off inapplicable parts. Supertech Construction Company, the Appellant  filed the appeal against the levy of penalty under Section 271(1)(c) of the…

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