SRI. PATIL KADPAKAL GARJAN,,SHIMOGA vs. ADDITIONAL COMMISSIONER OF INCOME TAX, SHIMOGA
In the result, the appeal of the assessee is partly allowed
ITA 874/BANG/2017[2009-10]Status: DisposedITAT Bangalore09 Jun 2017AY 2009-10
Bench: Shri Vijay Pal Rao
For Appellant: Shri V. Srinivasan, AdvocateFor Respondent: Shri M.K. Biju, JCIT (DR) (ITAT)-3, Bengaluru
Section 271(1)(c)Section 44A
disallowances therefore penalty proceedings under Section 271(1)(c) of the
Income Tax Act, 1961 (in short 'the Act') is initiated separately. The assessee
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challenged the action of the Assessing Officer before the CIT (Appeals) and
submitted that the assessee agreed to the addition on estimation of income at
12.5% with the condition that the Assessing Officer