Subodh Kumar Bhargava Vs Commissioner of Income Tax (Delhi High Court)

The tribunal was not right in law in its interpretation of the provisions of Section 275(1)(c) and was wrong in holding that the penalty order passed on 17.02.2004 under Section 271B was within the period of limitation prescribed under the Act.  IN THE HIGH COURT OF DELHI AT New Delhi ITA 243/2008 SUBODH KUMAR BHARGAVA … Appellant Versus COMMISSIONER OF INCOME-TAX … Respondent  For the Appellant : Dr Rakesh Gupta with Ms Poonam Ahuja and Ms Aarti and Saini For the Respondent : Ms Prem Lata Bansal CORAM:- MR JUSTICE BADAR DURREZ AHMED and MR JUSTICE RAJIV SHAKDHER...