2013 (7) TMI 935

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....R D E R PER B.R.MITTAL JM: The assessee has filed this appeal for the assessment year 2005-06 against the order of ld. CIT(A) dated 28.3.2012 vide which the ld. CIT(A) has confirmed the levy of penalty of Rs. 8,40,000/- under section 271(1)( c ) of the Income Tax Act, 1961. 2. At the time of hearing, it was submitted that the Tribunal vide its order dated 24.9.2009 has restored the matter....