Shanti Prime Publication Pvt. Ltd.
Sec. 271G of Income Tax Act, 1961— Penalty —Assessee has sufficiently complied with the requirement of Rule 10D(i) of the Rules and moreover the AO has not raised any specific issue which specific documents is not produced under section 92D(3), hence,it was concluded that the assessee has furnished all the informations as asked for by the AO and unless and until a specific defect is pointed out in the submissions of documents, penalty under section 271G cannot be levied - PROCTER AND GAMBLE HYGIENE AND HEALTH CARE LIMITED V/s DEPUTY CIT - [2020] 28 ITCD Online 061 (ITAT-MUMBAI)