AUTORIDERS INDIA P. LTD,MUMBAI vs. ASST CIT 9(1), MUMBAI
In the result, all the three appeals filed by the assessee are allowed, as above
ITA 2803/MUM/2012[1997-98]Status: DisposedITAT Mumbai17 Nov 2017AY 1997-98
Bench: D.T. Garasia & Shri G. Manjunathaassessment Year: 1997-98 Assessment Year: 1999-2000 Assessment Year: 2004-05 M/S. Autoriders India Pvt. Ltd., The Asst. Comm. Of Income 4-A, Vikas Centre, Tax-9(1), 104 S.V. Road, Vs. Aayakar Bhavan, Santacruz, Mumbai Mumbai – 400 054 Pan: Aaaca8939R (Appellant) (Respondent) Present For: Assessee By : Shri Vijay Mehta, A.R. Revenue By : Shri R.P. Meena, D.R. & Shri Rajesh Kumar Yadav, D.R. Date Of Hearing : 10.11.2017 Date Of Pronouncement : 17.11.2017 O R D E R
For Appellant: Shri Vijay Mehta, A.RFor Respondent: Shri R.P. Meena, D.R. &
Section 143(3)Section 271(1)(c)Section 274
disallowance of interest of Rs.1,25,155/-.
A.Y. 1999-2000
Note: In printed show cause notice issued u/s 271(1)(c) of the Act on 23.03.2002
along with assessment
Sr.
Particulars
Amount
Penalty initiated in Penalty
No.
assessment order passed levied by Assessing
Officer
1. Interest on amount
2,20,85,000
Furnishing of inaccurate
Concealment borrowed for particulars
