No Penalty for Expenses Disallowed Ad Hoc or Due to some Missing Vouchers

Sanjeev Kumar Goyal Vs ITO (ITAT Delhi) The case of Sanjeev Kumar Goyal versus the Income Tax Officer (ITO) before the Income Tax Appellate Tribunal (ITAT) Delhi pertains to the assessment year 2013-14 and concerns the imposition of a penalty under Section 271(1)(c) of the Income Tax Act. The appeal was filed by the assessee against the order of the Commissioner of Income Tax (Appeals) [CIT(A)] confirming the penalty. The grounds of appeal raised by the assessee primarily revolved around contesting the imposition of penalty and asserting that all additions made in the assessment order were on ...