Held that the Assessing Officer had failed to make out a case of furnishing of inaccurate particulars of income by the assessee so as to levy penalty. The penalty levied by the Assessing Officer and sustained by the Commissioner (Appeals) was liable to be deleted.(AY. 2012-13)
My Guest House Accommodations Pvt. Ltd. v Dy. CIT (2021) 91 ITR 45 (SN) (Delhi)(Trib.)
S. 271(1)(c) : Penalty-Concealment-Ad hoc disallowance-Penalty is not sustainable.