SHRI SUKHDEV SINGH PROP KARNAIL SINGH SUKHDEV SINGH,AMRITSAR vs. INCOME TAX OFFICER WARD-3(4), AMRITSAR
In the result, the appeal filed by the assessee is allowed
ITA 107/ASR/2020[2011-12]Status: DisposedITAT Amritsar22 Sept 2022AY 2011-12
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: NoneFor Respondent: Sh. Ghansham Sharma, Sr. DR
Section 139Section 147Section 271Section 271(1)(c)Section 44
u/s 271(1)(c) is not justified.
6
Sukhdev Singh v. ITO
6. Having heard the ld. additional CIT DR, perusal of record and
impugned order, we find that undisputedly, assessee’s income has been
estimated considering the deposits made in the bank account under section
44 A.D. of the Income Tax Act. In our view, penalty under section 271
