INDIAN METALS AND FERRO ALLOYS LTD,BHUBANESWAR vs. DCIT, CIRCLE-1(1), BHUBANESWAR
In the result, the appeal filed by the assessee is partly allowed for statistical purposes
ITA 506/CTK/2024[2021-22]Status: DisposedITAT Cuttack19 Aug 2025AY 2021-22
Bench: Shri Duvvuru Rl Reddy(Kz) & Shri Rakesh Mishra
Section 143(1)Section 143(2)Section 143(3)Section 144C(5)Section 234BSection 234CSection 270ASection 92CSection 92D
6. That on the facts and circumstances of the case and in law, the Ld. AO has erred in imposing interest under Section 234B and Section 234C of the Act.
7. That on the facts and circumstances of the case and in law, the Ld. AO has erred in initiating penalty proceedings under Section 270A of the Act.”
3. Brief
