Search: penalty u/s 271

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Section 271(1)(c)3

M/S MODERN AGENCIES,,JHANSI vs. DCIT., CIRCLE-2(3)(1), JHANSI

Appeal is allowed

ITA 236/AGR/2018[2010-11]Status: DisposedITAT Agra06 Feb 2025AY 2010-11

Bench: Sh. Satbeer Singh Godara & Sh. M. Balaganesh

For Appellant: Sh. Rakesh Aggarwal, CAFor Respondent: Sh. Shailener Shrivastava, Sr. DR

Section 271(1)(c)

section 271(1)(c) penalty in question amounting to 10,00,000/- 2 ITA No. 236/Agr./2018 Modern Agencies vide Assessing Officer’s order dated 26.03.2013 which stands upheld in the CIT(A)’s detailed discussion. 4. The assessee has first of all sought to raise the additional ground(s) that once the learned Assessing Officer had admittedly issued