No Section 271(1)(c) Penalty if Reopened Return Was Accepted Without Any Addition: ITAT Delhi

Advertisement Dinesh Kumar Vs Deputy Commissioner (ITAT Delhi) Delhi ITAT: No Penalty Under Section 271(1)(c) Where Reopened Return Was Accepted Without Any Addition The Delhi ITAT quashed the penalty levied under section 271(1)(c), holding that where the return filed in response to a notice under section 148 is accepted without any addition, levy of penalty merely because the assessee had not filed the original return is unjustified. The assessee’s appeal had initially been dismissed by the CIT(A) on the erroneous ground that Form No. 35 had not been filed. Before the Tribunal, howev...