Penalty cannot be levied for difference in Income with form 26AS due to TDS deduction on Service Tax Component

This appeal by assessee has been directed against the order of the Ld. CIT(A)-2, New Delhi, dated 30t^h April, 2015 for the A.Y. 2012-2013, challenging the levy of penalty under section 271(1)(c) of the I.T. Act, 1961.

2. Briefly the facts of the case are that original return of income was filed declaring income of Rs.17.27 crores, later on, assessee-company revised its return of income declaring loss of Rs.17.66 crores. The assessee-company is engaged in the business of construction of wide range of structural build

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