THE PRINCIPAL COMMISSIONER OF INCOME TAX FARIDABAD vs. M/S PIYUSH COLONIZERS LTD.
The appeal is dismissed
ITA/300/2019HC Punjab & Haryana10 Feb 2020
Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN
Section 260ASection 271(1)(c)
u/s 271(1)(c) of the Act disregarding the facts that the
penalty is leviable on contravention of the provisions of a
civil statute like Income Tax Act, there being so many
judgments that breach of a civil obligation attracts levy of
penalty whether the contravention was made by the
defaulters with any guilty intentions
