2017 (3) TMI 1906

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....ant has challenged correctness of the order dated 4th August 2015, passed by the learned CIT(A), upholding penalty of Rs.11,26,000/- imposed on the assessee under section 271D of the Income Tax Act, 1961, for the assessment year 2010-11. 2. When this appeal was called out for hearing, learned counsel for the assessee invited my attention to Hon'ble Supreme Court's judgement in the case of CIT vs.....