Appeal is allowed for statistical purpose
Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year : 2017-18 Nirvindhya Shiksha Avam Income-Tax Officer, Sanskriti Prachar Samiti, Rajgarh Biaora, C/O Adv. Hitesh Chimnani, बनाम/ Ug-37, Trade Centre, Vs. 18,South Tukoganj, Indore. (Assessee/Appellant) (Revenue/Respondent) Pan: Aaaan8371J Assessee By Shri Hitesh Chimnani, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 05.09.2024 Date Of Pronouncement 10.09.2024
270A for charging/computing penalty fails because of the fact that the total income determined by both assessee and AO was Rs. Nil. If the assessee raises such a claim, the AO shall also look into the same. 8. Before parting, we would like to deal the 3rd contention raised by Ld. AR as narrated above. On a careful study