ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. M/S. HITECH CONSTRUCTION, DHUBRI

In the result, the appeals filed by the Revenue in ITA Nos

Bench: Dr. Manish Borad & Sri Sonjoy Sarma

u/s 271(1)(c) of the Act for AY 2014-15 & AY 2015-16 is concerned we find that ld. CIT(A) has deleted the penalty observing as follows (relevant extract): “It has been contended by the Appellant that the impugned penalty has been imposed merely on the basis of estimated addition and that taxes were paid on the same