2024 (8) TMI 1123

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..... ER SINGH GODARA, J.M. This assessee's appeal, for the assessment year 2008- 2009, arise against the CIT(A)-National Faceless Appeal Centre [in short the "NFAC"], Delhi, Delhi's DIN & Order no.ITBA/NFAC/ S/250/2021-22/1040972497(1), dated 17.03.2022, in proceedings u/sec. 271(1)(c) of the Income Tax Act, 1961 (in short the "Act"). Heard both the parties. Case file perused. 2. It emerges at the o .....

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..... e does not attracts the impugned penal provision automatically. We find force in learned counsel's vehement submissions for deleting the impugned penalty of Rs. 75 lakhs. Ordered accordingly. 4. Delay of 02 days is condoned by considering the assessee's condonation petitions explaining the delay(s) as well as going by the decision in the case of Collector Land Acquisition vs. Mst. Katiji & Ors(19 .....

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