M/S G.D. TAMBI & SONS,JAIPUR vs. ACIT, CIRCLE-3, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

Bench: moving towards the facts of the case we would like to mention that the assessee has assailed the appeal for assessment year 2015-16 in

271(1)(c) of the Act If we take the view that a cloim which is wholly untenable in law and has absolutely no foundation on which it could be made, the assessee would not be liable to imposition of penalty even if he was not acting bonafide while making a claim of this nature, that would give a licence

M/S G.D. TAMBI & SONS,JAIPUR vs. ACIT, CIRCLE-3, JAIPUR, JAIPUR

In the results, the appeal of the assessee in ITA no

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

271(1)(c) of the Act If we take the view that a cloim which is wholly untenable in law and has absolutely no foundation on which it could be made, the assessee would not be liable to imposition of penalty even if he was not acting bonafide while making a claim of this nature, that would give a licence

COMPUCOM SOFTWARE LIMITED,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-VI, JAIPUR

In the result, the appeal of the assessee is disposed off in light of aforesaid directions

Penalty u/s 271(1)(c) is being initiated separately for furnishing inaccurate particulars of the income.” 6 M/s Compucom Software Ltd., Jaipur vs. ACIT, Jaipur 5. It was submitted that complete information along with necessary evidence and explanation as required by the Assessing Officer was submitted during the original assessment proceedings. It was accordingly submitted that it is a case