DCIT (INTERNATIONAL TAXATION), NEW DELHI vs M/S. E'S INC., BANGALORE

Income Tax Appellate Tribunal, DELHI BENCH ‘D’, NEW DELHI

Before: SH. N. K. BILLAIYA & MS. SUCHITRA KAMBLE

Hearing: 05/01/2021Pronounced: 05/01/2021

This appeal by the revenue is preferred against the order of the CIT(A)-42, New Delhi dated 14.10.2016 pertaining to A.Y. 2012-13.

A solitary grievance of the revenue is that the CIT(A) erred in deleting the penalty of Rs. 39.47 lacs levied u/s. 271 (1)(c) of the Act.

This appeal by the revenue has to be dismissed in the light of the CBDT circular No. 17 of 2019. The appeal is accordingly dismissed.

In the result, the appeal filed by the revenue is accordingly dismissed.

Decision announced in the open court in the presence of both the representatives on 05.01.2021.

DCIT (INTERNATIONAL TAXATION), NEW DELHI vs. M/S. E'S INC., BANGALORE