DEPUTY COMMISSIONER OF INCOME TAX-6, LUCKNOW vs. SCOOTERS INDIA LIMITED, LUCKNOW

In the result, all the appeals of the Revenue and Cross Objections of the assessee are dismissed

Bench: Shri A. D. Jain & Shri T. S. Kapoor

250 (Madras), wherein the penalty levied I.T.A. Nos.265 to 270/Lkw/2019 Assessment Years:2002-03 to 2007-08 3 u/s 271(1)(c) has been upheld. Learned D. R. drew our specific attention to the decision of Hon'ble Madras High Court in the case of Sundaram Finance Ltd. (supra) wherein the issue of striking of the limb has been decided

DEPUTY COMMISSIONER OF INCOME TAX-6, LUCKNOW vs. SCOOTERS INDIA LIMITED, LUCKNOW

In the result, all the appeals of the Revenue and Cross Objections of the assessee are dismissed