DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 3, LUDHIANA, PUNJAB, LUDHIANA vs. AMIT KUMAR, LUDHIANA
The appeal of the department is dismissed
ITA 549/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh27 May 2025AY 2018-19
Bench: SHRI RAJPAL .YADAV, VP &SHRI. KRINWANT SAHAY, AM आयकर अपील सं/ . ITA No. 549/Chd/2024 निर्धारण वर्ष / Assessment Year : 2018-19 Dy. Commissioner of Income Tax Central Circle 3, Ludhiana Punjab बनाम Amit Kumar C/o Leeford Healthcare Ltd., LEO House, DugriDhadra Road, Shaheed Bhagat Singh Nagar, Ludhiana स्थायी लेखा सं/ . PAN NO: ACBPK3657Q अपीलार्थी/Appellant प्रत्यर्थी / Respondent Cross Objection No. 23/Chd/2024 In (आयकर अपील सं/ . ITA No. 549/Chd/2024) निर्धारण वर्ष / Assessment Year : 20
For Appellant: Shri Sudhir Sehgal, Advocate and Shri Hitesh Bhakoo, C.AFor Respondent: Shri Manav Bansal, CIT, DR
Section 132Section 271Section 271A
1A)(a) on the undisclosed income of Rs.
80,23,500/- surrendered during search u/s 132 of the Act on account of cash found instead of penalty levied @ 60% by AO as per provisions of section 271