M/S FLEMMINGO TRAVEL RETAIL LTD.(FORMERLY KNOWN AS DFS INDIA P. LTD.),MUMBAI vs. DCIT - 9 (3) (2), MUMBAI
The appeal of the assessee is allowed in terms of our aforesaid observations
ITA 1197/MUM/2020[2014-15]Status: DisposedITAT Mumbai07 Aug 2020AY 2014-15
Bench: Shri G. Manjunatha & Shri Ravish Soodm/S Flemingo Travel Retail Dcit –9(3)(2) Room No. 418, 4Th Floor, Limited (Formerly Known As Dfs India Pvt. Ltd.), Chhatrapati Shivaji Aayakar Bhavan, M.K. Road, International Airport, New Vs. Mumbai 400020 Terminal 2, Csi Airport, Sahar, Mumbai. Pan – Aaccd7412N (Appellant) (Respondent)
For Appellant: Shri J.P. Bairagra, A.RFor Respondent: Shri Rahul Raman, Sr.D.R
Section 1Section 115JSection 271Section 271(1)(c)Section 274Section 40Section 43(1)
10. As the assessee has assailed the validity of the penalty imposed by the A.O u/s 271(1)(c), on the ground, that by so doing he had exceeded the scope of the jurisdiction vested with him, therefore, we shall first deal with the said contention of the assessee. It is the claim of the ld. A.R, that ‗Explanation