Delhi HC Quashes Penalty Order for Failure to Consider Email of Assessee

Prateek Chitkara Vs JCIT (Delhi High Court)

In a recent judgement, the Delhi High Court has overturned a penalty order issued under the Black Money Act (BMA). The case, Prateek Chitkara Vs Joint Commissioner of Income Tax Central, highlights the importance of thorough record-keeping and consideration of all relevant documents, including electronic communications, when issuing penalties.

The penalty order, dated 29.03.2023, was issued for Assessment Year 2019-20 under Section 41 of the BMA.

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