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1 result for “penalty u/s 271”+ Section 194Jclear

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Section 1472

BALVEER SINGH,JAIPUR vs. ITO WARD 3(3) JAIPUR, INCOME TAX DEPARTMENT

ITA 183/JPR/2024[2012-13]Status: DisposedITAT Jaipur30 Oct 2024AY 2012-13
For Appellant: Shri Naresh Gupta (Adv.)For Respondent: Shri Sanjay Nargas (JCIT)
Section 133(6)Section 143(2)Section 144Section 147

194J was of Rs. 5.23 crores, whereas in\nprofit and loss account it had shown total receipts at Rs. 2.61 crores which was\nshort by 2.62 crores and this gave rise to a reason to believe that assessee did\nnot truly and fully disclose all material facts because of which income\namounting to Rs. 2.62 had escaped assessment Whether