2017 (8) TMI 1356

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.... Counsel for Revenue. For the Respondent : Mr. Rohit Jain & Mr. Aniket D. Agarwal, Advocates. ORDER 1. This appeal by the Revenue is filed against an order dated 29th May 2015 by the Income Tax Appellate Tribunal ('ITAT') in Delhi in ITA No. 542/Del/2013 relating to the Assessment Year ('AY') 2003-04. 2. The question urged by the Revenue is whether the ITAT was justified in deleting th....

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....nclusion that this was not a case of concealment of material particulars which would warrant a levy of penalty. 6. Mr. Ashok Manchanda, learned Senior Standing counsel for the Revenue, urged that the ITAT erred in observing in para 20 in the impugned order that, in the computation of the income filed by the Assessee, the above facts were disclosed. He has produced a copy of the revised computat....