Sec. 271(1) (c)-Penalty for false claim confirmed – Delhi HC

Brief of the Case Delhi High Court held In the case of Roger Enterprises Pvt. Ltd. vs. CIT that the finding of the ITAT that no material was placed on record by the Assessee to demonstrate the nature of service rendered by the three companies to whom the commission was paid has been concurrently upheld by this Court. The Assessee indeed failed to discharge onus on proving the genuineness of commission payments. Here the question is not mere making of a wrong claim but in making a claim that is demonstrably false. The Assessee failed to establish the genuineness to the commission payments, hen...