Accordingly appeals filed by the learned AO for all 3 years are dismissed
Bench: Shri Amit Shukla & Shri Prashant Maharishi
271(1) (c) of the Act levied by the ld AO. The facts for all these three years are identical except the amount of penalties involved. 5. Therefore, we first state the facts for AY 2002-03. The facts for assessment year 2002 – 03 shows that assessee was issued notice u/s 142 (1) of the income tax act on 26/3/2003