Search: penalty u/s 271

1 result for “penalty u/s 271”+ Section 88Eclear

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Ahmedabad7 Mumbai4 Chandigarh1 Delhi1

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Section 271(1)(c)3 Section 115J3 Section 275(1)(a)2

ITO, NEW DELHI vs. M/S. MULTIPLEX CAPITAL LTD., NEW DELHI

In the result, the appeal of the Revenue stands dismissed on merits

ITA 6010/DEL/2013[2007-08]Status: DisposedITAT Delhi02 Mar 2016AY 2007-08

Bench: Shri Chandra Mohan Garg & Shri L.P. Sahu

For Appellant: Shri P. DAM Kanunjna, Sr. DRFor Respondent: Shri Ajay Wadhwa, Adv

Section 115JSection 271(1)(c)Section 275(1)(a)Section 88E

271(1)(c) of the Act by ignoring the facts that addition made to the normal income effect the computation of income of coming year 2.2. Whether on the facts and circumstances of the case, the ld. CIT(A) has erred in deleting the penalty by holding that the appellant had paid the taxes under deemed income whereas