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]

By Aparna. M - On January 30, 2024 12:33 pm - 2 mins read

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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