SHIV RATAN EDUCATION SOCIETY,HARIDWAR vs. ITO EXEMPTION WARD, DEHRADUN

In the result, the appeal of the assessee is allowed

Bench: SHRI YOGESH KUMAR U.S. (Judicial Member), SHRI MANISH AGARWAL (Accountant Member)

3. Thereafter, the AO imposed the penalty u/s 270A of Rs.15,44,310/- being 200% of the tax sought to be evaded which penalty stood confirmed by Ld. CIT(A). 4. Aggrieved by the said order, the assessee is in appeal before the Tribunal. 5. Heard both the parties and perused the material available on record. From the perusal