Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (3) TMI 133 - AT - Income TaxLevying penalty u/s 271(1)(c) - enhancement of income - HELD THAT:- As decided in assessee's own case [2018 (11) TMI 641 - ITAT DELHI] for assessment years 2012-13 and 2014-15 as doubted the surplus without examining each and every item of income. Therefore, restore this issue to the file of the Assessing Officer. The order of the Tribunal came after the penalty was levied by the CIT(A) u/s 271(1)(c) for both the years. Since the Tribunal has set aside the order of the CIT(A), therefore, the very basis on which the penalty was levied by the CIT(A) does not survive. Therefore, the penalty levied by the CIT(A) is directed to be deleted. Thus hold and direct accordingly. The grounds raised by the assessee are accordingly allowed.
|