DDIT (IT)-2(1), MUMBAI vs. STANDARD CHARTERED BANK, MUMBAI
Accordingly, Ground No. 11 raised by the Revenue is dismissed
ITA 884/MUM/2003[1993-94]Status: DisposedITAT Mumbai27 Jul 2023AY 1993-94
For Appellant: Shri P. J. Pardiwala, Sr. AdvocateFor Respondent: Shri Shri Soumendu Kumar Dash
Section 143(3)Section 15Section 37(2)Section 46Section 58B
argued before the CITIA), that during the year under appeal, no penalty has been levied by R.B.I. as contemplated by section 42(3) or (5) of RBI. Act. Further detailed reply was filed before the CITIA). It was also submitted that during the year under appeal the assessee