MEWAR MIN CHEM PVT. LTD. ,BHILWARA vs. ITO, WARD-5, BHILWARA
In the result, the appeal of the assessee is allowed for statistical purpose
ITA 73/JODH/2022[2017-18]Status: DisposedITAT Jodhpur20 Jan 2023AY 2017-18
Bench: Shri B. R. Baskaran & Dr. S. Seethalakshmi
Section 115Section 142(1)Section 144Section 144ASection 271Section 271ESection 69A
271 AAC of the Act in respect of unexplained income is initiated. The assessee has not filed its Return of Income for AY 2017-18, therefore, penalty u/s 271E of the Act is also initiated for failure to furnish return of income.
Assessed u/s.144 of the Income tax Act, 1961 at total Income of Rs.11,74,800/-.
Calculation