SHRI SHAILESHBHAI KANTILAL PATEL,,AHMEDABAD vs. THE DCIT, CIRCLE 6(1),, AHMEDABAD

In the present appeal, the assessee is contesting levy of penalty of In the present appeal, the assessee is contesting levy of penalty of In the present appeal, the assessee is contesting levy of penalty of Rs.9.54 Lacs u/s 271(1)(c) for AY 2007 Rs.9.54 Lacs u/s 271(1)(c) for AY 2007-08 as confirmed by Ld. first 08 as confirmed by Ld. first appellate authority vide impugned order dated appellate authority vide impugned order dated 19/03/2018 which is an 19/03/2018 which is an ex-parte order. It is an admitted position that quantum additions against admitted position that quantum additions against admitted position that quantum additions against which the penalty has been levied has which the penalty has been levied has already been set been set-aside by the Tribunal to the file of Ld. AO for fresh adjudication vide ITA Tribunal to the file of Ld. AO for fresh adjudication vide ITA Tribunal to the file of Ld. AO for fresh adjudication vide ITA

Resultantly, the appeal stands allowed for statistical purposes. tantly, the appeal stands allowed for statistical purposes. tantly, the appeal stands allowed for statistical purposes.