THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

penalty proceedings u/s 271(1)(c) for concealment and furnishing inaccurate particulars. 5. Against the order of the AO the assessee went in appeal before the Ld. CIT(A). The Ld. CIT(A) upheld the assessment made by the Assessing Officer on all disputed issues. After considering the grounds of appeal, written submissions and referring to earlier appellate orders