JAMMU & KASHMIR STATE AGRO INDUSTRIES DEVELOPMENT CORPORATION LIMITED,SRINAGAR vs. INCOME TAX OFFICER WARD-II, SRINAGAR
In the result, the appeal of the assessee ITA No
ITA 249/ASR/2023[2012-13]Status: HeardITAT Amritsar20 Sept 2023AY 2012-13
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.249/Asr/2023 Assessment Year: 2012-13
Section 143(3)Section 250Section 271Section 271(1)Section 271(1)(c)Section 274
37,39,110/-. The penalty was initiated u/s 274/271(1)(c) of the Act and the total concealment of assessee
for Rs.3,31,90,534/-. The tax was calculated total amount of Rs.1,04,55,018/- on undeclared income. The ld. AO levied penalty of 100%. So, the penalty u/s 271(1)(c) was levied Rs.1,04,55,018/-. Aggrieved
