2017 (3) TMI 1739

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..... laced on record. The ld. DR could not point out any distinguishing feature for this year vis-à-vis the immediately preceding year which has been considered and decided by the Tribunal. Respectfully following the precedent, we uphold the impugned order in deleting the penalty. - Decided in favour of assessee. - ITA No.149/Del/2014 Assessment Year : 2008-09 - - - Dated:- 28-3-2017 - Shri R.S. Sya .....

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..... oice was disputed by the assessee by claiming that it was not a marginal cost as agreed upon, but, higher than the marginal cost. The differential amount of ₹ 22.93 crore was claimed as deduction. The Assessing Officer made addition for this sum and also imposed penalty. The ld. CIT(A) deleted the penalty. 3. After considering the rival submissions and perusing the relevant material on re .....

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