M/S. CONCORDE HOUSING CORPORATION PRIVATE LIMITED,BENGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), BENGALURU

In the result, appeal of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Prakash Chand Yadav

36 laws and highlights the consequences of any deviations, thereby upholding the integrity of the taxation system. 5. We have heard the rival submissions and perused the materials available on record. In this case, the ld. AO levied penalty in this assessment year under consideration u/s 271(1)(c) of the Act by invoking the explanation (5A) to section