INCOME TAX OFFICER WARD 7 1, PUNE vs. SARSAN DEVELOPERS, PUNE
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Income Tax Appellate Tribunal, PUNE
Before: DR. MANISH BORAD & SHRI PAVAN KUMAR GADALE
PER PAVAN KUMAR GADALE, JUDICIAL MEMBER
The appeal is filed by the Revenue against the order of the NFAC/CIT(A),Delhi passed u/sec 271(1)(C) and u/sec 250 of the Act. The revenue has raised the following grounds of appeal:- “1. Whether on the facts and circumstances of the case, the Ld. CIT(A) has erred in deleting the penalty of ₹. 1,73,26,556/- was levied for furnishing inaccurate particulars of the income by relying on the decision of the Hon'ble supreme court of India in the case of CIT Vs. Reliance Petroproduct in spite of the fact of the case is diffe
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