Case Law Details
Case Name : Sam India Builtwell (P) Ltd. Vs DCIT (ITAT Delhi)
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Delhi
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Sam India Builtwell (P) Ltd. Vs DCIT (ITAT Delhi)
The issue under consideration is whether the penalty levied under section 271AAA is justified in law?
In the present case, AO initiated penalty proceedings under section 271AAA for explaining the manner in which undisclosed income was derived but levied penalty
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