48 results for “penalty u/s 271”+ Section 263clear
Sorted by relevance
Key Topics
Showing 1–20 of 48 · Page 1 of 3
In the result appeal of the assessee is hereby allowed
Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalasstt. Sr.No.
263 CTR 362 (Guj). The co-ordinate bench Tribunal in Shailesh S Patel vs. ITO (2018) 97 taxmann.com 570 (Ahmedabad Trib.) has also reiterated the aforesaid pre-requisite for formation of 'satisfaction' for the purposes of Section 153C of the Act. No averment is found from the case records that the documents seized towards excess stock did belong