2019 (1) TMI 1529

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....umeet 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) concerning AY 2009-10. 2. The grounds of ap....

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....aw 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/disallowances giving rise to the imposition of penalty in appeal has been set aside....