Appeals are disposed of in the terms and observation made as above
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
capital gains which, in the opinion of Ld. AO, was assessable under the head business income. However, the basic condition viz. furnishing of inaccurate particulars / concealment of particulars of income so as to attract the provisions of Section 271(l)(c) have remained unfulfilled in the present case. Therefore, penalty was not justified and the stand