Penalty Imposed on PCIT and JAO for Mechanical Orders in Reassessment Proceedings

C. C. Dangi & Associates Vs ACIT (Bombay High Court)

Penalty was leviable on PCIT and JAO for mechanically passing the orders in the reassessment proceedings without application of mind

Conclusion: AO merely on the basis of the information as found from the CGST authorities that certain entities were engaged in issuing/generating/providing fake/bogus invoices to pass on a fraudulent “Input tax creditPlease become a Premium member. If you are already a Premium member, login here to access the full content.