P.CHHOTALAL MANUFACTURERS & EXPORTE,R,AHMEDABAD vs. THE DY.CIT.,CIRCLE-10,, AHMEDABAD
In the result, appeal filed by the Assessee is allowed
ITA 711/AHD/2015[2008-09]Status: DisposedITAT Ahmedabad01 Feb 2019AY 2008-09
Bench: Shri Pramod Kumar & Shri Mahavir Prasad)
For Appellant: Shri S.N. Mashruwala, ARFor Respondent: Shri Mudit Nagpal, Sr. D.R
Section 2Section 271Section 271(1)(c)Section 274Section 80Section 801B
801B. But the explanation offered was rejected, there would arisen no 4
. A.Y. 2008-09
presumption of concealment of the particulars of income that was added or disallowed.
7. Therefore, we object to your proposal to levy the penalty u/s. 271(l)(c) of the l.T. Act on additions made by AO for reasons mentioned above.
6. The reply
