VINOD (RATAN) SUHALKA,UDAIPUR vs. ACIT, CENTRAL CIRCLE-1, UDAIPUR

In the result, the appeals of the assessee are allowed

Bench: Shri B. R. Baskaran & Shri Sandeep Gosain

246 ITR 121 n the instant case penalty is being upheld in light of the deeming provisions of Explanation 5A to Section 271(1)(c), applicable specifically in cases where a search has been conducted. However, in the above two cases, relied upon by the assessee, there was no search therefore the decisions have no application

SMT. JAYA MOGRA,UDAIPUR vs. DCIT, CENTRAL CIRCLE-2, UDAIPUR

In the result, appeal of the assessee in ITA No