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Assessee succeeded in Quantum Appeal: Penalty not imposable
Case Law Details
- Case Name
- PCIT Vs Godaddy.Com LLC (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All High Courts, Delhi High Court
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PCIT Vs Godaddy.Com LLC (Delhi High Court)
Introduction: The Delhi High Court, in the context of Assessment Year (AY) 2014-15, recently issued a significant judgment on the appeal titled “PCIT vs GoDaddy.” This appeal contested the order of the Income Tax Appellate Tribunal dated 26.05.2023. The Tribunal was tasked with evaluating the legal tenability of the Commissioner of Income Tax (Appeals)’s decision to delete penalties totaling Rs. 1,97,31,721/- and Rs. 4,95,98,366/- under Section 271(1)(c) of the Income-tax Act, 1961 for AY 2013-14 and AY 2014-15.
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