RIYAS NELLIYOTE,KUTTIADI vs. ACIT, CIRCLE -2(1), KOZHIKODE
In the result, the appeal filed by the assessee is allowed
ITA 767/COCH/2024[2015-16]Status: DisposedITAT Cochin08 Apr 2025AY 2015-16
Bench: Shri George George K, Vice- & Shri Inturi Rama Rao
For Appellant: Sri.C.B.M.Warrier, CAFor Respondent: Smt.Leena Lal, Sr.AR
Section 143(3)Section 250Section 271(1)(c)Section 274Section 292BSection 54F
u/s. 250 of Income
Tax Act, 1961 ("the Act" hereinafter). The relevant assessment year is A.Y. 2015-2016. 2. The order of the CIT(A) arises out of the order of the Assessing
Officer (“AO”) imposing penalty u/s.271(1)(c) of the Act amounting to Rs.10,95,880. 3. The grounds raised read as follows:-
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ITA No.767/Coch/2024. Sri.Riyas Nelliyote
