2019 (1) TMI 1529

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....a, A.R. For the Responden : Shri Sumeet Kumar Verma, Sr.D.R. ORDER PER PRADIP KUMAR KEDIA - AM: The captioned appeal has been filed at the instance of the Assessee against the order of the CIT(A)-6, Ahmedabad ('CIT(A)' in short), dated 28.02.2017 arising in the penalty order dated 23.02.2016 passed by the Assessing Officer (AO) under S. 271(1)(c) of the Income Tax Act, 1961 (the Act) c....

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.... in mechanical manner. 4. The Ld. CIT(A) erred on facts and in law in confirming action of Assessing Officer in levying penalty u/s 271(1)(c) on disallowance of interest of Rs. 28,33,624/- for furnishing of inaccurate particulars of income and concealment of income." 3. When the matter was called for hearing, the learned AR for the assessee submitted that the quantum additions/disallow....