MAMMON CONCAST PRIVATE LIMITED,AGRA vs. INCOME TAX OFFICER, WARD-2(1)(1), AGRA

In the result, the appeal of the assessee is allowed

Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2012-13]

271(1)(c) of the Income Tax Act, 1961 (hereinafter referred to ‘the Act’) dated 16.03.2024. 2. At the outset in this case, the ld. Counsel for the assessee submitted that the quantum appeal in this case has already been quashed vide order dated 12.02.2025 in ITA No.77/Del/2023. Hence, he submitted that the penalty does not survive