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Delhi High Court · 20 Sep 2012 · 2017:DHC:8935-DB
S. Muralidhar
2017:DHC:8935-DB
tax appeal_dismissed

AI Summary

The Court dismissed appeals challenging the deletion of penalty under Sections 271D and 271E of the Income Tax Act imposed on Sahara Indian Financial Corporation Ltd., affirming the ITAT's order.

Full Text
Translation output
2017:DHC:8935-DB
Court dated 20th September 2012 of this Court, in ITA Nos. 637, 638, 640 and 646 of 20II which in turn upheld the order dated 17th September 2010 of the ITAT in ITA No.3222-3225/DeI/2009. That dealt with identical questions of deletion of penalty imposed by the AO in relation to a group concern, namely, Sahara Indian Financial Corporation Ltd. under Section
271 D and 271 E of the Act.
JUDGMENT

4. No substantial question of law arises for consideration. made as to costs.

5. The appeals are dismissed but, in the circumstances, without any order

S. MURALIDHAR, J.