ITO, WARD - 7(2), KOLKATA vs. OSD COKE PVT. LTD., KOLKATA
In the result, both the appeals of revenue are dismissed
ITA 1873/KOL/2008[2004-05]Status: DisposedITAT Kolkata03 Feb 2016AY 2004-05
Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]
For Appellant: Shri P. B. Pramanik, JCITFor Respondent: S/Shri J. P. Khaitan & J. M. Thard, Advocates
Section 143(3)Section 271(1)(c)Section 31Section 32Section 37(1)
Penalty proceedings u/s. 271(1)(c) of I.
T. Act are initiated for furnishing inaccurate particulars of total income on this issue.”
Aggrieved against the action of AO in both the years, assessee went in appeal before CIT(A), who allowed the claim of the assessee and the relevant finding given
