Dismissing the appeal of the revenue the Court held that, deletion of penalty by the Tribunal on account of excess deduction and alleged excess stock is held to be justified. (AY. 2010-11)
PCIT v. Deccan Mining Syndicate Pvt. Ltd. (2018) 168 DTR 161 / 102 CCH 315 (Karn.)(HC)
S. 271(1)(c) : Penalty–Concealment–On excessive deduction and alleged excess stock-Deletion of penalty is held to be justified [S. 10B]