RAJU VERMA,DEHRADUN vs. INCOME TAX OFFICE, CENTRAL CIRCLE
In the result, the appeal filed by assessee is allowed
ITA 73/DDN/2024[2011-12]Status: DisposedITAT Dehradun23 Apr 2025AY 2011-12
Bench: Shri Vimal Kumar & Shri Brajesh Kumar Singhassessment Year: 2011-12 Raju Verma, Vs. Income Tax Officer, 17/1 Curzon Road, Kotdwar Dehradun (Uttrakhand) (Uttrakhand) Pin 248 001 Pan No. Abipv8176F (Appellant) (Respondent)
For Appellant: Shri KK Juneja, AdvFor Respondent: Shri S.K. Chaterjee, CIT DR
Section 132Section 153DSection 271Section 271(1)(c)
bogus purchases was set aside, it could not be said that there was any
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concealment of facts or furnishing of inaccurate particulars by the Assessee that warranted the imposition of penalty under Section 271(1