VECTUS INDUSTRIES LTD.,GWALIOR vs. DCIT/ACIT 1(1), GWALIOR
In the result, the appeal of the assessee is allowed
ITA 6/AGR/2023[2012-13]Status: DisposedITAT Agra06 Feb 2025AY 2012-13
Bench: Shri M. Balaganesh(Through Virtual Hearing)
For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274
271(1)(c ) of the Act, the same analogy could be drawn for the penalty under section 270A of the Act also.
11. In view of our aforesaid observations, we direct the Learned AO to cancel the levy of penalty under section 270A of the Act for the Assessment
Year 2017-18. The grounds raised by the assessee are hereby
