The Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently while giving relief to Price water house Coopers Pvt. Limited directs the first appellate authority to re-adjudication on income tax penalty cases. K.M. Gupta, Bikash Jain, and Pulkit Chhajer, are appeared on behalf of the assessee and Vijay Kumar,additional commissioner of income tax appeared on…
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