The Commissioner of Income Tax (Central) vs. M/s Hyderabad Security and Off Set Printers Ltd.,

Bench: CHALLA KODANDA RAM,C.V.NAGARJUNA REDDY

u/s 132 of the Act and therefore such a surrender cannot amount to voluntary surrender and Date of Judgment 21-06-2018, ITA No.500/2017 The Pr. Commissioner of Income Tax CIT(A) & Another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation