MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE
In the result, all the appeals by the assessee are allowed
ITA 1593/BANG/2019[2012-2013]Status: DisposedITAT Bangalore19 Oct 2020AY 2012-2013
Bench: Shri N.V. Vasudevan & Shri A K Garodia
For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69
6. Accordingly penalty was imposed for the various assessment years as follows:-
AY
Amount (Rs.)
2009-10
23,50,000
2010-11
27,00,000
2011-12
45,00,000
2012-13
90,95,000
2013-14
43,50,000
2014-15
50,00,000
2015-16
22,45,000
7. Aggrieved by the aforesaid orders of AO imposing penalty