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Income Tax Appellate Tribunal, MUMBAI BENCHES “F”, MUMBAI
Before: SHRI SHAMIM YAHYA & BEFORE SHRI SAKTIJIT DEY
O R D E R
PER SAKTIJIT DEY, JM
This is an appeal by the assessee against order dated 26.09.2019 of learned Commissioner of Income Tax (Appeals)-37, Mumbai confirming the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 on the addition sustained in the quantum proceeding for the assessment year 2008- 09.
When the appeal was taken up for hearing, none appeared on behalf of the assessee. Therefore, the appeal is decided ex–parte qua the assessee after hearing the learned Departmental Representative and based on materials on record.