ASSISTANT COMMISSIONER OF INCOME TAX, DEHRADUN vs. SEABIRD EXPLORATION FZ-LLC, NEW DELHI

In the result, appeal of the Revenue is dismissed

Bench: SHRI YOGESH KUMAR U.S (Judicial Member), SHRI MANISH AGARWAL (Accountant Member)

13) of the Act. AO further initiated penalty proceedings u/s 271(1)(c) of the Act for concealment of income. Thereafter, the AO proceeded to conclude the pending penalty proceedings and in terms of order passed u/s 271(1)(c) of the Act dated 31.10.2019 imposed a penalty of INR 7,09,14,142/- being

HOTEL SAURAB,DEHRADUN vs. DCIT CENTRAL CIRCLE, DEHRADUN

In the result, appeal of the assessee is allowed