M/S. FOUR SEASONS WINES LIMITED,BANGALORE vs. COMMISSIONER OF INCOME TAX (APPEALS) -3, BANGALORE

The assessee has filed this appeal challenging the order dated 04-12- 2018 passed by Ld CIT(A)-3, Bengaluru and it relates to the assessment year 2014-15. The assessee is aggrieved by the decision of Ld CIT(A) in confirming the penalty of Rs.25.00 lakhs levied by the assessing officer u/s 271(1)(c) of the Act.

There is a delay of 313 days in preferring this appeal before the Tribunal. The appellant has filed an affidavit stating the reasons for the delay for filing appeal before the Tribunal. Having regard to the submissions