4 results for “penalty u/s 271”+ Long Term Capital Gainsclear
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In the result all three appeals of the Assessee are partly allowed
Bench: Sh. Sudhanshu Srivastava & Sh. Nikhil Choudhary
u/s section 11. (3) Because the CIT(A) erred both on facts and in law in confirming the addition of net excess of income over expenditure of Rs.3,00,11,855/ under the head Income from business or profession. (4) Because the CIT(A) erred both on facts and in law in sustaining the addition of Rs.36