THE ITO, WARD-3(1)(1),, AHMEDABAD vs. M/S. NASCENT INFO TECHNOLOGIES PVT. LTD.,, AHMEDABAD
In the result the appeal of the Revenue is dismissed
ITA 2828/AHD/2016[2012-13]Status: DisposedITAT Ahmedabad27 Mar 2019AY 2012-13
Bench: Shri Waseem Ahmed & M/S. Madhumita Royआयकर अपील सं./I.T.A. No. 2828/Ahd/2016 ("नधा"रण वष" / Assessment Year : 2012-13) बनाम/ Ito M/S. Nascent Info Technologies Pvt. Ltd. Ward-3(1)(1), Vs. A-805, Sapath-Iv, Opp. Ahmedabad Karnavati Club, Ahmedabad- 380054 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aac Cn3 670 J (अपीलाथ" /Appellant) .. (""यथ" / Respondent) अपीलाथ" ओर से /Appellant By : Santosh Karnani, Sr. Dr ""यथ" क" ओर से / Respondent By: Mehul K. Patel, Ar सुनवाई क" तार"ख / Date Of Hearing 13/02/2019 घोषणा क" तार"ख /Date Of Pronouncement 27/03/2019 आदेश/O R D E R Per Waseem Ahmed - Am:
For Appellant: Santosh Karnani, Sr. DRFor Respondent: Mehul K. Patel, AR
Section 143(3)Section 194Section 271(1)(c)Section 274Section 44A
TDS cannot amount to furnishing inaccurate particulars of income.
13. The Ld. CIT (A) after considering the submission of the assessee deleted the penalty by observing as under:
“6. I have perused the arguments of both sides and case laws relied upon. The penal proceedings u/s. 271(1)(c) of the Act would be decided based on following observations
