SSL EXPORTS LTD., ,HOWRAH vs. DCIT, CIRCLE - 3(1), KOLKATA

In the result this ground of the assessee is allowed

Bench: Sri J. Sudhakar Reddy & Sri Aby T. Varkey)

2 I.T.A. No. 2670/Kol/2018 Assessment Year: 2013-14 SSL Exports Ltd. 3. The AO disallowed the claim made by the assessee u/s 35 of the Act by holding as follows: a) Information was received from the Pr. DIT(Inv.) vide letter dated 09.10.2015 that a survey action u/s 133A was carried on dated 27.01.2015 at the registered/Administrative offices

ADWAITA DAS,KOLKATA vs. ACIT, CIR-34, KOLKATA, KOLKATA

In the result the appeal of the assessee is accordingly allowed

Section 271(1)(c) of the Act by furnishing inaccurate particulars of income and imposed penalty u/s 271(1)(c) of the Act. The CIT(A) confirmed the order of AO. Hence this appeal by the assessee before the Tribunal. 4. The ld. Counsel for the assessee submitted before us that the show cause notice issued u/s

D.C.I.T CIR - 7,KOLKATA, KOLKATA vs. P.K.S LIMITED, KOLKATA

In the result, both the appeals filed by the Revenue in ITA

Bench: Shri P.M Jagtap & Shri S.S.Viswanethra Ravi

u/s 271(1)(C) determined on “Handling & Moisture loss” 14. It is observed from the penalty order, that the AO initiated the penalty proceedings by issuing a notice under section 274 of the act on two grounds. One such ground was that as discussed in the afore mentioned paras of appeal in ITA 1935/Kol/2013 wherein we arrived at a conclusion