A2Z MAINTENANCE & ENGINEERING SERVICES LTD.,GURGAON vs. DCIT, CENTRAL CIRCLE-II, FARIDABAD
In the result, the appeal of the assessee is allowed
ITA 2631/DEL/2018[2008-09]Status: DisposedITAT Delhi28 Mar 2023AY 2008-09
Bench: Shri Pradip Kumar Kedia & Shri Anubhav Sharma
For Appellant: Ms. Ritu Kamal KishoreFor Respondent: Shri P. Praveen Sidharth, CIT-DR
Section 132Section 132(4)Section 153ASection 271(1)(c)Section 274
Section 271(1)(c) of the Act shows that satisfaction of the concerned tax authority to the effect that the assessee has either ‘concealed the particulars of income’ or ‘furnished inaccurate particulars of income’ is the condition precedent for levy of penalty and such satisfaction must be arrived it in the course of any proceedings under the Act. These
