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Section 271(1)(c)3 Section 682

THE ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL), UJJAIN (STATIONED AT INDORE), UJJAIN vs. M/S. JPJ EXIM (P) LTD., INDORE

In the result, appeal filed by the Revenue is hereby dismissed

ITA 960/IND/2019[2012-13]Status: DisposedITAT Indore19 Oct 2022AY 2012-13

For Appellant: Shri Ashish Porwal, Sr. D.RFor Respondent: None

Section 133ASection 271(1)(c)Section 68

5A, the assessee offered the additional income in the Return of Income filed u/s. 139(1)/153A and it is not a case of non- disclosure of income therefore the A.O. erred in levying penalty without appreciating the facts of the case in a mechanical manner for concealment of income. The Ld. CIT(A) further held as follows