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2019 (9) TMI 263 - HC - Income TaxPenalty u/s 271(1) (c) - Addition u/s 14A r.w.r. 8D - MAT computation for disallowance u/s.14A - Administrative expenditure disallowance u/s.14A - HELD THAT:- The Tribunal took notice of the fact that the contempt proceedings came to be dropped by the ITAT in [2018 (4) TMI 872 - ITAT AHMEDABAD] . Having regard to the fact that the ITAT had given relief to the assessee herein in the contempt proceedings, the Tribunal thought fit to delete the penalty. As further brought to our notice that the order passed by the Appellate Tribunal so far as the contempt proceedings is concerned, was a subject matter of challenge at the instance of the Revenue before this Court in [2019 (6) TMI 709 - GUJARAT HIGH COURT] preferred by the Revenue. The Tax Appeal No. 1225/2018 was ordered to be dismissed.This Appeal fails and is hereby dismissed.
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