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2022 (8) TMI 1188 - ITAT DELHIPenalty passed u/s 271(1)(c) - Non-deduction of the TDS of payment to sub contractor - HELD THAT:- The Hon'ble Supreme Court in the case of Reliance Petro Product Pvt. Ltd. [2010 (3) TMI 80 - SUPREME COURT] wherein it is held that “ merely because the assessee has claimed expenditure, which claim was not accepted or was not acceptable to the Revenue, that, by itself, not attract the penalty u/s 271(1)(c). We are of the opinion that there is neither concealment nor furnishing of inaccurate particulars by the assessee in the case on hand. Resultantly, the Grounds of Appeal filed by the assessee are allowed.
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