Where the High Court has framed substantial question of law in respect of the additions confirmed by the ITAT, penalty u/s 271(1)(c ) of the Income Tax Act cannot be levied as the same are on debatable and disputable issues on which difference of opinion can legitimately exist – ITAT Dellhi
[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2019/04/Bombay-HIgh-Court.odt” comments=”true” SVG=”true”] To Download, GE Packaged Power Inc. Vs. DCIT (International Taxation)...