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Section 2744 Section 271(1)(c)2

M/S RAM SWARUP RUNGTA & BROTHERS,RANCHI vs. DCIT, RANCHI

In the result, the appeals of assessee in ITA

ITA 118/RAN/2016[2007-08]Status: DisposedITAT Ranchi01 Mar 2018AY 2007-08

For Appellant: Shri Devesh Poddar, Advocate, ld.ARFor Respondent: Shri Sanjay Mallik, JCIT, ld. DR

Section 271Section 271(1)(c)Section 274

Delay condoned. We do not find any merit in this petition. The special leave petition is , accordingly dismissed. Pending application, if any, stands disposed of. 9. Respectfully following the aforesaid judicial precedents, we cancel the penalty levied of Rs. 11,24,721/- by the AO U/Sec.271(1)( c) of the Act and confirmed by the CIT-A. Accordingly, the grounds