DCIT, FARIDABAD vs. M/S. SPAZE TOWER PVT. LTD., GURGAON
In the result, the appeal filed by the Revenue as well as the application filed under Rule 27 of the ITAT Rules by the assessee are dismissed
ITA 2558/DEL/2012[2008-09]Status: DisposedITAT Delhi20 Nov 2018AY 2008-09
Bench: Shri O.P. Kant, Accountnat Member & Shri Kuldip Singh
For Appellant: 1. the Learned CIT(A) has erred in law & facts of the case in sustaining the pen
Section 132Section 132(4)Section 139Section 153ASection 271(1)(c)Section 4
131(1) on 5-1-2006 and offered to surrender amount attributable to him in investment in property. Hon’ble P&H High
Court held that no immunity could be claimed by assessee from levy of penalty in terms of Explanation 5 to section 271(1)(c)
2 CIT Vs Prasanna Duqar T20151 59 taxmann.com 99
(Calcutta)/T20151
