ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, NAGPUR vs. M/S. GONDWAN A ENGINEERS LTD, NAGPUR
In the result, appeal filed by the Revenue is partly allowed
ITA 420/NAG/2019[2014-15]Status: DisposedITAT Nagpur14 Aug 2024AY 2014-15
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Respondent: Shri Kailash C. Kanojiya
Section 139(1)Section 139(5)Section 8Section 801ASection 801A(4)Section 80ASection 80I
risk of a penalty under section 14(4); iii) the assessee will also run the risk of a best judgment assessment under section 16(4);
In the present case, the Assessing Authority has neither levied a penalty nor made a best judgment assessment. The assessment orders, while adverting
