ASST CIT CEN CIR 29, MUMBAI vs. SHAH RUKH KHAN, MUMBAI
The appeal of the revenue is dismissed in terms of our aforesaid observations
ITA 5767/MUM/2014[2010-11]Status: DisposedITAT Mumbai21 May 2018AY 2010-11
Bench: Shri Ravish Sood, Jm & Shri N.K.Pradhan, Am Dy. Commissoner Of Income-Tax, Shri Shah Rukh Khan Central Circle-4(2), Mumbai 44-Mannat, B.J. Road, Band बिधम/ (Erstwhile Assistant Commissioner Of Income Stand, Bandra (West), Tax, Central Circle-29, Mumbai) Mumbai-400 050. Vs. R. No. 1918, 19Th Floor, Air India Building, Nariman Point, Mumbai-400 021 स्थामी रेखा सं./ जीआइआय सं./ Pan No. Aahpk3293L (अऩीराथी /Revenue) (प्रत्मथी / Assessee) :
For Appellant: Shri Hiro RaiFor Respondent: Shri V. Justin, D.R
Section 112Section 143(2)Section 23(1)(a)Section 271(1)(c)
section 112 of the I.T. Act.
iv.
Whether, on the facts and circumstances of the case and in law, the direction of ld. the CIT(A) to the A.O to delete the penalty u/s 271(1)(c) of the IT Act on account of long term capital gain offered by the assessee on structured product assessee does not violate
