HARISH CHAND SONI,JABALPUR vs. INCOME TAX OFFICER WARD(1)1, JABALPUR
In the result, appeal of the assessee is allowed
ITA 4/JAB/2018[2008-09]Status: DisposedITAT Jabalpur15 Mar 2018AY 2008-09
Bench: Shri Kul Bharat & Shri Manish Borad""./ Ita No. 4/Jab/2018 "" " " " " " " / Assessment Year : 2008-09 Harish Chand Soni, Income Tax Officer, 565, Kotwali Ward Tammarhai, Vs Ward 1 (1), Jabalpur, M.P. Jabalpur Pan : Azvps 8959 C / (Appellant) / (Respondent) Assessee By : Shri Sanjay Mishra, Adv. Revenue By : Shri Pd Chougule, Dr $ %&'/Date Of Hearing : 13/03/2018 ! "# $ %&' /Date Of Pronouncement: 15/03/2018 ()*+ "# .//O R D E R , - Per Manish Borad:- This Appeal Of Assessee For Assessment Year 2008-09 Is Directed Against The Order Of The Cit(A)-I, Jabalpur Dated 29.11.2017 Vide Appeal No.J/Cit/A/I/Jbp/Ito W-1(1)/Jbp/208/2011-12, Arising Out Of Order Under Section 271(1)(C) Of The Income-Tax Act, 1961 (Hereinafter Referred To As “The Act”), Framed On 30.03.2011 By The Ito, Ward 1(1), Jabalpur.
For Appellant: Shri Sanjay Mishra, AdvFor Respondent: Shri PD Chougule, DR
Section 271(1)(c)Section 44A
27,275/- by way of revised computation of income. However, learned Assessing Officer calculated the income under Section 44AF of the Act at Rs.1,37,265/- and assessed the income accordingly. The assessee did not prefer any appeal against the order of the Assessing Officer. Thereafter, learned Assessing Officer initiated penalty proceedings for concealment of income and levied penalty
