VINOD (RATAN) SUHALKA,UDAIPUR vs. ACIT, CENTRAL CIRCLE-1, UDAIPUR
In the result, the appeals of the assessee are allowed
ITA 241/JODH/2019[2007-08]Status: PendingITAT Jodhpur05 Jan 2023AY 2007-08
Bench: Shri B. R. Baskaran & Shri Sandeep Gosain
Section 132Section 132(4)Section 153ASection 271(1)(c)
5A to Section 271(1)(c), is hereby confirmed
In the result the appeal is dismissed.’’
3.2
During the course of hearing the Bench noted through the present appeal that the assessee has challenged the levy of penalty of Rs.12,05,028/- u/s 271(1)(c) of the Act.
3.3
At the outset, the ld. AR appearing on behalf
