Allowing the appeal of the assessee the Tribunal held that merely because assessee agreed to addition in respect of difference in TDS levy of penalty is not justified in respect of agreed difference in TDS. MAK Data Pvt Ltd v. CIT (2013)) 358 ITR 593 (SC) is considered. (AY. 2013-14)
Heritage Marketing v. ITO (2018) 171 DTR 402 / 196 TTJ 379 (Chd.)(Trib.)
S. 271(1)(c) : Penalty–Concealment–Difference in TDS- Agreed addition- levy of penalty is held to be not valid.