M/S. DRAIPL-MSKEL(JV),,AHMEDABAD vs. THE INCOME TAX OFFICER,WARD-9(2),, AHMEDABAD
In the result the appeal of the assessee is allowed for statistical purposes
ITA 1605/AHD/2014[2007-08]Status: DisposedITAT Ahmedabad04 Jul 2025AY 2007-08
Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokarasstt.Year : 2007-08 Draipl-Kskel (Jv) Ito, Ward-9(2) 2Nd Floor, “Msk” Vs. Ahmedabad. Passport Office To Panjarapole Rd. Ambawadi Ahmedabad 380 015. Pan : Aaaad 3825 B (Applicant) (Responent)
For Appellant: Shri Deepak Rindani, ARFor Respondent: Shri Abhijit, Sr.DR
Section 143(3)Section 194ASection 271(1)(c)Section 40Section 80I
u/s 271(1)(c) for furnishing of inaccurate particulars of income in respect of both additions. After issuing show cause and considering the assessee’s replies dated
06.07.2010 and 29.02.2012, the AO levied minimum penalty of Rs.87,36,356/- being 100% of tax sought to be evaded. During the course of penalty proceedings on disallowance under section 80IA