Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (6) TMI 307 - AT - Income TaxPenalty u/s 271(1)(c) - Advance received from Nopany & Sons Pvt l td. u/s 68, Addition on account of cessation of liability & Addition on account of debit balances written off amounting - HELD THAT:- We find that Ld.CIT(A) has relied on the findings and observations of the Hon’ble Tribunal and deleted the penalty. Considering the facts, circumstances and decisions, we do not find any infirmity in the order of the CIT(A) and uphold the same and dismiss the grounds of appeal of the revenue.
|