8 results for “condonation of delay”+ Set Off of Lossesclear
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In the result, both the appeals are allowed for statistical purposes
Bench: : Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh
loss, the Assessing Officer assessed the assessee company at the gross profit of Rs.38,17,073/- vide assessment order dated 24.12.2019 passed u/s. 144 of the Act. The Assessing Officer also levied penalty of Rs.5,70,079/- u/s. 270A of the Act vide penalty order dated 29.12.2021. 3. Aggrieved, the assessee preferred first appeals against the aforesaid assessment order