TAHIR KHAN,JHANSI vs. INCOME TAX OFFICER-2(3)(1), JHANSI
In the result, assessee’s appeal is allowed
ITA 468/AGR/2025[2014-15]Status: DisposedITAT Agra15 Jan 2026AY 2014-15
Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singhassessment Year: 2014-15
Section 143(3)Section 250Section 271(1)(c)Section 274Section 292BSection 56(2)(vii)
2)(vii) of the Act. Based on the above additions, the Assessing Officer
initiated penalty proceedings and imposed penalty of Rs.83,45,158/- u/s.
271(1)(c) of the Act. The aforesaid additions made by the Assessing
Officer stood confirmed by learned CIT(A) in assessee’s quantum appeal
and in second appeal filed by the Assessee, the Tribunal, vide