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

penalty of Rs 75,56,113/-imposed u/s 271(l)(c) of the IT Act, 1961 hereby disregarding the provision contained in explanation 5A to clause (c) of sub-section