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1 result for “capital gains”+ Section 274clear

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Key Topics

Section 271(1)(c)6Section 2744

HARISH CHANDRA BATRA,DEHRADUN vs. ITO, WARD- 1(3), DEHRADUN

In the result, the appeal of the assessee is allowed

ITA 4082/DEL/2017[2010-11]Status: DisposedITAT Dehradun22 Nov 2021AY 2010-11

Bench: Shri Amit Shukla & Dr. B.R.R. Kumar

For Appellant: Sh. Kapil Goyal, AdvFor Respondent: Sh. N.C. Upadhyay, Sr. DR
Section 271Section 271(1)(c)Section 274

capital gain. Consequent to the addition, penalty of Rs.7,00,000 u/s 271(1)(c) has been levied by the AO. 3. We find that the page no. 11, the Assessing Officer has mentioned that “issue penalty notice u/s 271(1)(c).” 4. We also find that the para no. 5 of the penalty order dated10.02.2015 reads as under