Section 271(1)(c) Penalty Proceedings Failed Because Levy Exceeded Scope of Notice

Corteva Agriscience Seeds Pvt. Ltd. Vs Additional/Joint/Deputy ACIT (ITAT Delhi)

ITAT Delhi quashes ₹99.77 cr penalty: Inconsistent charge of concealment vs. inaccurate particulars vitiates 271(1)(c)

Delhi Tribunal allowed the assessee’s appeal and quashed the penalty of ₹99.77 crore levied u/s 271(1)(c). The Tribunal noted that while the show-cause notice & initiation of penalty proc

Please become a Premium member. If you are already a Premium member, login here to access the full content.