M/S HIMALAYAN VACATIONS, P. LTD.,NANITAL vs. ACIT, HALDWANI
In the result, the appeal of the assessee is allowed
ITA 43/DDN/2025[2018-19]Status: DisposedITAT Dehradun26 Sept 2025AY 2018-19
Bench: Shri Yogesh Kumar U.S. & Shri Manish Agarwalm/S Himalayan Vacations Private Acit, Limited, Circle-2(1)(1), 01, Himalayan Vacations Private Vs. Haldawani. Limited, Tallital, Nainital-263002. Pan:Aacch5584P (Appellant) (Respondent) Assessee By Shri Pavan Kumar Nath, Adv. Department By Shri Amar Pal Singh, Sr. Dr
Section 250Section 270Section 270ASection 270A(9)Section 270A(9)(a)Section 274Section 9
disallowance only after making necessary verification by the AO. This clearly shows that assessee has under reported its income as a consequence of misrepresentation or suppression of facts, therefore, provisions of section 270A(9)(a) of the Act were rightly invoked by the AO, he thus requested for the confirmation of the penalty so levied
