Held that excess claim of depreciation was a bona fide mistake on the part of the assessee, hence the levy of penalty is not justified. (AY. 2017-18)(ITA No. 1923 /Mum/ 2023 dt 22-12 2023)
DCIT v. Sasan Power Ltd (2024) The Chamber’s Journal-January-P. 117 (Mum)(Trib)
S. 270A : Penalty for under-reporting and misreporting of income-Excess depreciation claimed-Bona fide mistake-Penalty is deleted. [S. 139]
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