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No Penalty For failure to comply with section 269SS if Reasonable cause exist
Case Law Details
- Case Name
- Commissioner of Income-tax Vs Sahara India Financial Corpn. Ltd. (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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HIGH COURT OF DELHI
Commissioner of Income-tax
Versus
Sahara India Financial Corpn. Ltd.
IT APPEAL NOS. 637, 638, 640 & 646 OF 2011
SEPTEMBER 20, 2012
JUDGMENT
R.V. Easwar, J.
These are four appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961 (‘Act’, for short). They are directed against the common order passed by the Income Tax Appellate Tribunal, New Delhi Bench-G ON 17.09.2010 in ITA No.3222-3225/Del/2009 confirming the orders passed by the CIT (Appeals) cancelling the penalty imposed on the assessee under Section 271D of the Act. The following common...
