M/S. JALARAM INVESTMENT,,KHEDA vs. THE ITO, WARD-3,, NADIAD
In the result, the appeal of the assessee is allowed
ITA 2508/AHD/2017[2010-11]Status: DisposedITAT Ahmedabad05 Feb 2020AY 2010-11
Bench: Shri Rajpal Yadavassessment Year : 2010-11 M/S Jalaram Investment, Vs. Income Tax Officer, Opp. Jain Temple, Gayatri Nagar, Ward-3, Wanakbori, Tal. Thasra, Nadiad Dist. Kheda [Pan : Aaefj 9906 E] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Mehul Talera, Ar Revenue By : Shri Dilip Kumar, Sr Dr सुनवाई क" तार"ख/Date Of Hearing : 04/02/2020 घोषणा क" तार"ख /Date Of Pronouncement: 05/02/2020
For Appellant: Shri Mehul Talera, ARFor Respondent: Shri Dilip Kumar, Sr DR
Section 143(3)Section 148Section 244ASection 271(1)(c)Section 274
244A not disclosed
:
Rs. 9,460/- iv)
Disallowance of trade settlement expenses
:
Rs.2,10,800/-“
3. The Assessing Officer has computed the penalty of Rs.84,850/- on above additions. The penalty order passed by the learned Assessing Officer has been confirmed by the learned First Appellate Authority.
4. While impugning the orders of the Revenue Authorities, the learned
Counsel