INCOME TAX OFFICER, JIND vs. M/S. MANGAT RAM NORATA RAM NARWANA
Appeal is allowed, impugned orders are
Crl.A. No.-000008-000008 - 2005Supreme Court05 May 2011
Section 142(1)Section 143(3)Section 148Section 271(1)(a)Section 271(1)(c)Section 276CSection 276C(1)
28,000/- with
trading account, Rs.1,10,000/- in bank account and Rs.19,710/-
as additional income and assessed the total income to
Rs.3,68,200/- and directed for initiating penalty proceedings.
Ultimately, the minimum penalty of Rs.1,24,950/- was
imposed under Section 271(1)(c) of the Act and further a sum of
Rs.7890/- and Rs.12
