2017 (11) TMI 806

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s. Rano Jain, Mr. Pranjal Srivastava & Ms. Devina Sharma, Advs. for respondent. S. RAVINDRA BHAT, J.(ORAL) 1. The question of law urged in these two appeals is with respect to the correctness of the ITAT's order, holding that the penalty imposed under Section 271AAA of the Income Tax Act, 1961 (hereafter referred to as 'the Act') was on an incorrect appreciation of law. 2. For A.Y. 2010-11, sea....