ITAT Amritsar Deletes Penalty on Brick Kiln Firm After Govt Certificates Prove Supplies

RPK Bricks Manufactures Vs ITO (ITAT Amritsar)

In a case titled RPK Bricks Manufactures Vs ITO, the Income Tax Appellate Tribunal (ITAT) in Amritsar deleted a penalty of ₹96,010 imposed on the assessee, RPK Bricks, by the Income Tax Officer (ITO). The dispute centered on a payment of ₹1,87,786 received by the assessee from the Lining division of a government department in Faridkot. The ITO initially considered this as a bogus liability, arguing that a government entity would not make an advance payment for bricks without receiving them first. The penalty was le

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