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Case Law Details

Case Name : Vikram Sugriv Kale Vs ITO (ITAT Pune)
Related Assessment Year : 2018-19
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Vikram Sugriv Kale Vs ITO (ITAT Pune)

Penalty Cannot Survive After Deletion of Quantum Addition: ITAT Pune Cancels Penalty u/s 271AAC Despite No Appeal Against Penalty Order

The Pune Bench of the ITAT allowed the assessee’s appeal for AY 2018-19 and deleted the penalty of ₹2.67 lakh levied u/s 271AAC(1), holding that once th

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