AMIT JAIN,KOTA, RAJASTHAN vs. CIRCLE (INTL TAX), JAIPUR, JAIPUR

The appeal of the assessee is allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

Section 272A(1)(d) is excessive and arbitrary, particularly in light of the appellant’s full compliance with other statutory notices and submissions during the assessment proceedings. The penalty ought to be quashed in the interest of justice. 5. The appellant reserves the right to amend, alter, modify, or withdraw any grounds of appeal and to submit additional grounds