20 results for “penalty u/s 271”+ Section 10(34)clear
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Bench: Sh. Sanjay Garg & Dr. Manish Borad
34,03,098/- in the instant case works out to Rs. 11,46,037/- and therefore, the levy of penalty at Rs. 11,46,037/- under section 271(1)(c) of the Act is bad in law and liable to be deleted. 10. For that on the facts and circumstances of the case, the impugned penalty order being passed