M/S. PRAKASH ASHPHLTING & TOO HIGHWAY LTD.,INDORE vs. THE ACIT, (CENTRAL)-1, INDORE
In the result, assessee’s ITA No
ITA 283/IND/2021[2008-09]Status: DisposedITAT Indore10 Jan 2023AY 2008-09
Bench: Ms. Suchitra Kamble & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2008-09 Prakash Asphaltings & Toll Acit (Central)-1 Of Highway (India) Ltd., Indore बनाम/ 76, Mall Road, Vs. Mhow (Appellant / Assessee) (Respondent / Revenue) Assessment Year: 2008-09 Acit, Central-1, Prakash Asphaltings & Indore Toll Of Highway (India) बनाम/ Ltd., 76, Mall Road, Vs. Mhow (Appellant / Revenue) (Respondent / Assessee)
Section 132Section 143(3)Section 147Section 148Section 148(2)Section 271D
section 269SS and made itself liable for levy of penalty u/s 271D r.w.s. 269SS of the Act. I, therefore, levy a penalty of Rs. 1,15,00,000/- (Rupees one crore fifteen lakh only) u/s 271D of the Income-tax Act, 1961 for the Assessment-Year
2008-09.”
13. Against penalty-order, the assessee filed first-appeal
