GMW PRIVATE LIMITED,VADODARA vs. THE DY.CIT, CIRCLE-1(1)(1), VADODARA
In the result, the appeal of the assessee is allowed
ITA 1850/AHD/2024[2017-18]Status: DisposedITAT Ahmedabad03 Jan 2025AY 2017-18
Bench: Shri T.R. Senthil Kumar & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. No. 1850/Ahd/2024 ("नधा"रण वष" / Assessment Year : 2017-18) बनाम/ Gmw Private Limited Deputy Commissioner Of 885, G.I.D.C. Estate, Income Tax Vs. Makarpura, Vadodara, Circle-1(1)(1), Vadodara Gurarat - 390010 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaccg4508Q (Appellant) .. (Respondent) अपीलाथ" ओर से /Appellant By : Shri Surendra Modiani, A.R. ""यथ" क" ओर से/Respondent By : Shri Rignesh Das, Sr. Dr 19/12/2024 Date Of Hearing Date Of Pronouncement 03/01/2025 O R D E R Per Shri Narendra Prasad Sinha, Am: This Appeal Is Filed By The Assessee Against The Order Of The National Faceless Appeal Centre (Nfac), Delhi, (In Short ‘The Cit(A)’), Dated 30.09.2024 For The Assessment Year 2017-18 In The Matter Of Penalty Under Section 270A Of The Income Tax Act, 1961 (In Short ‘The Act’).
For Appellant: Shri Surendra Modiani, A.RFor Respondent: Shri Rignesh Das, Sr. DR
Section 143(3)Section 270A
Section 270A of the Income Tax Act,
1961 (in short ‘the Act’).
2. The brief facts of the case are that the return of income for A.Y. 2017-18 was filed on 31.10.2017 declaring total income of Rs.3,04,10,180/-. The assessment was completed u/s.143(3) of the Act on 05.12.2019 at total income of Rs.3
