THE COMMISSIONER OF INCOME TAX GULBARGA vs. M/S MANJUNATHA COTTON AND GINNING FACTORY

The appeals are dismissed

Bench: ARAVIND KUMAR,N.KUMAR

15. Insofar as the penalty relatable to the difference in the accounts of M/s.Mysore Minerals Limited to the tune of Rs.4,92,448/- is concerned, the assessee accepted the said addition as he was not able to reconcile itself. Nothing is found as to prove that the assessee has consciously made the concealment or furnished inadequate particulars of his income

THE COMMISSIONER OF INCOME TAX vs. M/S BPL SANYO FINANCE LTD

In the result, the appeal filed by the revenue is

Bench: The Tribunal Was Arising From The Order Dated 4Th June 2004 Passed By The Commissioner Of Income Tax (Appeals) Bangalore (For Short “The