P I C (Gujarat) Ltd vs We Have Heard Mr. Varun K. Patel

(Per : HONOURABLE MR.JUSTICE V. M. SAHAI) 1.0 We have heard Mr. Varun K. Patel, learned counsel appearing for the Revenue in this appeal.

2.0 Admit.

3.0 We formulate the following substantial question of law.

"Whether the Appellate Tribunal is right in law and on facts in confirming the order passed by CIT(A) deleting the penalty of Rs.4,98,834/­ levied u/s.271(1)(c) of the Act?' 4.0 Issue Notice to the respondent. Paper­book be ready within three months. Office to connect Tax Appeal No.81 of 2010 with the present appeal.

[V. M. SAHAI, J.] [N. V. ANJARIA, J.] Amit HC-NIC Page 1 of 1 Created On Fri Jul 15 01:28:23 IST 2016