Dismissing the appeal of the revenue the Tribunal held that , addition on basis of which penalty levied was deleted . Penalty will not survive . (AY.2011-12, 2012 -13)
Dy. CIT v. Galderma India Pvt. Ltd. (2020) 80 ITR 452( Mum) (Trib)
S.271(1) ( c): Penalty — Concealment of income —Addition on basis of which penalty levied was deleted – Penalty will not survive .