9 results for “penalty u/s 271”+ Section 90clear
Sorted by relevance
Key Topics
The appeals are allowed for statistical purposes
Bench: Sri Rajpal Yadav & Sri Girish Agrawal
penalty is hereby initiated u/s 271(l)(c) of the Income Tax Act, 1961. [Addition: Rs. 1,96,07,621/-]” 4. On appeal, ld. first Appellate Authority not only confirmed the view point of ld. AO rather enhanced the addition. Ld. CIT(A) confirmed the addition of total sundry creditors shown by the assessee on the ground that liability