{"id":24614,"date":"2022-02-05T21:05:18","date_gmt":"2022-02-05T15:35:18","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-sesa-goa-ltd-2021439-itr-188-panji-bench-bom-hc\/"},"modified":"2024-12-27T11:55:08","modified_gmt":"2024-12-27T06:25:08","slug":"pcit-v-sesa-goa-ltd-2021439-itr-188-panji-bench-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-sesa-goa-ltd-2021439-itr-188-panji-bench-bom-hc\/","title":{"rendered":"PCIT v. Sesa Goa Ltd. (2021)439 ITR 188 \/132 taxmann.com 42   ( Panji Bench ) (Bom) (HC))"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0 the assessee had correctly claimed the deduction under section\u00a010B\u00a0which was ultimately allowed and, therefore, there was no question of levy of penalty. Referred CIT v. Sesa Goa Ltd ( 2021 ) 436 ITR 17 ( Bom)(HC)\u00a0\u00a0 ( AY.2009-10)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty \u2013 Concealment \u2013 Alleged wrong claim of deduction \u2013  Claim was allowed &#8211;  Deletion of penalty is held to be justified.  [ S.. 10B ] <\/p>\n<p>S. 271(1)(c) : Penalty \u2013 Concealment \u2013 Alleged wrong claim of deduction \u2013  Claim was allowed &#8211;  Deletion of penalty is held to be justified.  [ S.. 10B ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-24614","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6p0","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24614"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24614\/revisions"}],"predecessor-version":[{"id":49156,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/24614\/revisions\/49156"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=24614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=24614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}