SH. KRISHAN KUMAR MODI,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeals of the assessee are allowed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

2. That on the facts and circumstances of the case and in law, the penalty levied under section 271(1)(b) of the Act on account of alleged non-compliance in proceedings under section 143(3) r.w.s. 153A I of the Act, is illegal and bad in law.” 5. Admission of the additional ground has been opposed in principle