DEEPANU STOCK BROKERS P LTD,MUMBAI vs. ACIT CC 46, MUMBAI

Per Manoj Kumar Aggarwal (Accountant Member) 1. The captioned appeal by assessee for Assessment Year [AY] 2010-11 contest the order of the Ld. Commissioner of Income-Tax (Appeals)-38 [CIT(A)], Mumbai, Appeal No. CIT(A)-38/IT-1018/2013-14 dated 14/11/2014 qua confirmation of penalty u/s 271AAA for Rs.4,380/-. The assessment for impugned AY was framed by Ld. Deputy Commissioner of Income Tax Central Circle-46, Mumbai u/s 143(3) of the Income Tax