COMMISSIONER OF INCOME TAX (IT & TP) vs. M/S. DONGFANG ELECTRIC CORPORATION
ITAT/66/2018HC Calcutta09 Jul 2021
Bench: : The Hon’Ble Justice Surya Prakash Kesarwani
Section 132(1)Section 132(4)Section 133ASection 139Section 153ASection 271(1)(c)Section 274
search and seizure operations and
impounding of documents, the respondent/assessee declared an
4
undisclosed income of Rs.13,16,25,370/- which was added to the
income disclosed in the returns apart from certain other additions.In
the assessment order the assessing officer mentioned that penalty
proceeding
under
section
271(1)(c)
of
the
Act, 1961 has been initiated and show cause
