SH. MANJIT KRISHAN MALHOTRA,ABOHAR vs. PR. COMMISSIONER OF INCME TAX , BATHINDA

The appeals of the assessee are disposed of in the terms indicated as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

269T of the Act. Accordingly, he held that the JCIT, Bathinda although initiated the penalty proceedings but dropped the penalty proceedings without assigning any reasons by exercising statutory powers in judicious manner in Manjit Krishan Malhotra v. Pr.CIT accordance with the provisions of law and held that such an order was erroneous and prejudicial to the interest of the Revenue

SHRI. MANJIT KRISHAN MALHOTRA,ABOHAR vs. PRINCIPAL COMMISSIONER OF INCOME TAX, BATHINDA