PCIT v. Ajmer Vidyut Vitran Nigam Ltd. (2023) 452 ITR 246 (SC) Editorial: PCIT v. Ajmer Vidyut Vitran Nigam Ltd (ITA No. 155 of 2019 dt 8-11-2021 (Raj)(HC) is affirmed.

S. 271(1)(c) : Penalty-Concealment-Addition was deleted-Cancellation of penalty is valid. [Art. 136]

Held that where the Tribunal deleted the penalty levied on the assessee under section 271(1)(c) of the Income-Tax Act, 1961 on the ground that the quantum additions had been deleted by the Tribunal and the deletion upheld by the High Court, and the High Court dismissed the Department’s appeal holding that no question of law arose. SLP of Revenue dismissed.