Bombay H.C : Whether the Income Tax Appellate Tribunal was justified in deleting the penalty levied under Section 271(1)(c) of the Income Tax Act, 1961 is the question raised in this appeal

High Court Of Bombay CIT vs. Celetronix Power India P. Ltd. Section 271(1)(c), 80HHC J. P. Devadhar & M. S. Sanklecha, JJ. ITA No. 349 of 2011 5th November, 2012 Counsel appeared Arvind Pinto for the Petitioner.: Sanjiv M Shah for the Respondent PC. Whether the Income Tax Appellate Tribunal was justified in deleting the…

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