METRO HERITAGE PVT.LTD.,VADODARA vs. DY.CIT., CIRCLE-2(1)(2), VADODARA
The appeal of the Assessee is treated as allowed for statistical purposes
ITA 616/AHD/2023[2016-17]Status: DisposedITAT Ahmedabad01 Aug 2024AY 2016-17
Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita No.616/Ahd/2023 "नधा"रण वष" /Assessment Year : 2016-17 Metro Heritage Pvt.Ltd. The Dy.Cit 30-A Vishwas Colony बनाम/ Circle-2(1)(2) Beside Kesha Hospital Vadodara V/S. Alkapuri Vadodara – 390 007 "थायी लेखा सं./Pan: Aaecm 2161 M (अपीलाथ"/ Appellant) ….. ("" यथ"/ Respondent) Assessee By : Shri Hemant Suthar, Ar Revenue By : Shri Ashok Kumar Suthar, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 29/07/2024 घोषणा क" तार"ख /Date Of Pronouncement: 01/08/2024 आदेश/O R D E R Per Shri Makarand V. Mahadeokar, Am: This Appeal Is Filed By The Assessee As Against The Order Dated 21/06/2023 Passed By The Commissioner Of Income-Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [Hereinafter Referred To As “The Ld.Cit(A)” In Short] Arising Out Of The Assessment Order Dated 19/12/2018 Passed By The Assessing Officer (Ao) Under Section 143(3) Of The Income Tax Act, 1961 (Hereinafter Referred To As "The Act") Relevant To The Assessment Year (Ay) 2016-17. Metro Heritage Pvt.Ltd. Vs. Dy.Cit Asst. Year : 2016-17
For Appellant: Shri Hemant Suthar, ARFor Respondent: Shri Ashok Kumar Suthar, Sr.DR
Section 143(3)Section 271(1)(b)
penalty u/s. 271(1)(b) of the Act was also passed by the AO. The AO observed that the assessee had submitted the details called for through online facility provided under E-proceedings. During the course of assessment proceedings, the AO observed that the assessee has not disclosed interest income of Rs.5,47,553/-. The AO asked to furnish
