M/S GAGANDEEP ICE & COLD STORAGE PVT. LTD,,SIRHIND vs. ITO, WARD SIRHIND HQ, MANDI GOBINDGARH
In the result, the appeal of the assessee is treated as allowed for statistical purposes
ITA 1079/CHANDI/2018[2008-09]Status: DisposedITAT Chandigarh06 Jun 2019AY 2008-09
Bench: Shri Sanjay Garg
For Appellant: Sh Jaspal Sharma, AdvocateFor Respondent: Sh. Arvind Sudershan, Sr.DR
Section 269SSection 271DSection 68
68 of the Income Tax Act.
5. On the facts and circumstances of the case the Ld.
CIT(Appeals) has erred in having confirmed the action of the AO in referring the matter to the Addl. CIT for consideration of imposition of penalty u/s 271D of the Income Tax Act by holding that the assessee company received share application money
