2019 (3) TMI 1161

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.... ORDER PER RAJPAL YADAV, JUDICIAL MEMBER : Assessee is in appeal before the Tribunal against order of the ld.CIT(A)-7, Ahmedabad dated 22.8.2017 passed for the Asstt.Year 2010-11. 2. Though the assessee has taken three grounds of appeal, but his grievance revolves around a single issue viz. the ld.CIT(A) has erred in confirming penalty of Rs. 2,82,4323/- which was imposed by the AO unde....

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....ection 271(1)(c) of the Act is sustainable. The ld.DR on the other hand was unable to controvert this contention of the ld.counsel of the assessee. 4. After hearing both sides and considering material available on record, we find that sub-clause (iii) of section 271(1)(c) provides mechanism for quantification of penalty. It contemplates that the assessee would be directed to pay a sum in additi....