ATRI PAPERS, PRIVATE LIMITED.,HARIDWAR vs. ITO, HARIDWAR, HARIDWAR

In the result, the appeal of the assessee is allowed

Bench: Shri Challa Nagendra Prasad & Shri Avdhesh Kumar Mishraिनधा"रणवष"/Assessment Year: 2017-18 बनाम Atri Papers Private Limited, Income Tax Officer, 7A, Sandesh Nagar, Vs. Knp-C, Haridwar, Kankhal, Haridwar, Uttarakhand. Uttarakhand. Pan No.Aafcp1500J अपीलाथ" Appellant ""यथ"/Respondent

disallowance was made for non-furnishing of evidences for incurring of expenses and 3 therefore the AO has rightly initiated the penalty proceedings u/s 270A of the Act. 7. Heard rival submissions, perused the orders of the authorities below and the paper book furnished before us. Perusal of the show- cause notice dated 22.12.2019 issued u/s 274 r.w.s. 270A