ASSTT.COMMISSIONER OF INCOME TAX, C-4(1), CHANDIGARH vs. M/S SML ISUZU LIMITED, CHANDIGARH
In the result of the value of the opening stock and closing stock
ITA 441/CHANDI/2018[2013-14]Status: DisposedITAT Chandigarh03 Oct 2018AY 2013-14
For Appellant: Shri Neeraj JainFor Respondent: Mrs. Mona Mohanty, CIT-DR
Section 145Section 145ASection 271
penalty proceedings u/s 271(l)(c) are initiated for furnishing of inaccurate particulars of income.
4.4
In the light of the above discussion, the income is computed as under:
Returned Income as per assessee
Rs. 32,87,04,510/-.
Additions:
Excise duty added in W.I.P as Rs. 1,74,99,101/- discussed in the order
Assessed Income
Rs.34
