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1 result for “reassessment”+ Section 271Bclear

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Key Topics

Section 271B5Section 44A4Section 1483

SMT. PURNIMA SHARMA,GWALIOR vs. ITO., WARD-2(2),, GWALIOR

In the result, the appeal of the assessee stands allowed

ITA 321/AGR/2019[2009-10]Status: DisposedITAT Agra16 Oct 2023AY 2009-10

Bench: Shri Shamim Yahya & Shri Anubhav Sharma[Assessment Year: 2009-10]

Section 139(1)Section 148Section 271BSection 288Section 44A

271B. The penalty may kindly be deleted.” 3. Brief facts of the case are that, the assessee was engaged in the trading business of sale and purchase of POTATO during the year consideration. On the basis of information about cash deposit of more than 10 lakhs in Bank A/c, this case was reopened by issue of notice