M/S. JOSEPH GEORGE & CO.,,PATHANAPURAM vs. THE ITO, KOLLAM

In the result, the appeal filed by the assessee is dismissed

Bench: S/Shri Abraham P. George, Am & George George K., Jm

penalty levied u/s. 271(1)(c) of the I.T. Act amounting to Rs. 2,34,304/-. 3. The brief facts of the case are as follows: The assessee is a firm engaged in the business of running a Lodge. It also derives rental income from letting out of building to Federal Bank and National Trading Co. For the assessment year

DR. K.E. MOORTHY,PATHANAMTHITTA vs. DCIT, KOLLAM

In the result, the appeals of the assessee in ITA Nos