2016 (12) TMI 1634

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....h, A.R. O R D E R PER SHRI MAHAVIR PRASAD, JUDICIAL MEMBER : This appeal filed by the department is directed against the order of the Commissioner of Income Tax(Appeals)-XVI, /Ahmedabad dated 31/07/2013 for the Assessment Year (AY) 2007-08 and following ground has been taken:- The Ld.CIT(A) has erred in facts and deleted the penalty u/s 271(1)(C) of the IT Act of Rs. 22,44,000/- levied in r....

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....aggrieved by the order passed by the Assessing Officer, the assessee preferred appeal before the Ld.CIT(A). The Ld.CIT(A)-XVI, Ahmedabad vide his order in appeal No.CIT(A)XVI/DCIT.Cir.10/121/09-10 dated 17/05/2010 dismissed the appeal of the assessee. 3. We have gone through the relevant record and impugned order during the hearing Ld. A.R. Ms. Ridhi Shah shown and filed an order of the ITAT, whe....