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 2804/MUM/2012[1999-00]Status: DisposedITAT Mumbai17 Nov 2017AY 1999-00
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
section 147 of the Act for furnishing inaccurate particulars of income. While passing the penalty order the AO has levied the penalty for concealment of income. The Ld. A.R. has submitted the chart before us which reads as under:
“A.Y. 1997-98
Sr.
Particulars
Amount of Penalty initiated in Penalty
No.
penalty assessment order passed levied by Assessing
Officer u/s
