INCOME TAX OFFICER,WARD-1 , REWA vs. BHANU PRATAP SINGH, REWA
In the result, appeal of the Revenue and cross objection of the assessee are dismissed
ITA 47/JAB/2017[2007-08]Status: DisposedITAT Jabalpur04 Apr 2019AY 2007-08
Bench: Shri A. D. Jain & Shri T. S. Kapoorassessment Year:2007-08 Income Tax Officer V. Bhanu Pratap Singh Ward 1 Nirmal Chhaya Khutehi Rewa Rewa Tan/Pan:Avpps0806G (Appellant) (Respondent) C.O. No.10/Jab/2017 [In Ita No.47/Jab/2017] Assessment Year:2007-08 Bhanu Pratap Singh V. Income Tax Officer Nirmal Chhaya Khutehi Ward 1 Rewa Rewa Tan/Pan:Avpps0806G (Cross Objector) (Respondent)
For Respondent: Shri P. D. Chougale, D.R
Section 132Section 153Section 153CSection 154Section 271(1)(c)Section 271A
150/- and penalty proceedings were initiated u/s 271(1)(c) for furnishing inaccurate particulars of income and concealment of income.
4. It is borne out from the record that the assessment under section 153C of the Act in the case of the assessee is the outcome of search initiated under section 132 of the Act in Bansal Group of cases