131 results for “penalty u/s 271”+ Section 183clear
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The appeals of the Revenue are dismissed and both the Rule 27 application of the assessee are allowed for A
Bench: Shri Mahavir Singh & Shri Brajesh Kumar Singh
u/s 271(1)(c) of the Act on account of furnishing of inaccurate particulars of income. However, even in such a situation also the Hon’ble Delhi High Court in the case of Pr. CIT-04 vs M/s Gragerious Projects Pvt. Ltd. & Ors(supra) agreed with the view of Hon’ble Bombay High Court (Full Bench