NAVNITLAL K PARIKH,MUMBAI vs. ACIT CC-45, MUMBAI
The appeal of the assessee is allowed
ITA 6820/MUM/2008[2004-2005]Status: DisposedITAT Mumbai18 Apr 2017AY 2004-2005
Bench: Shri Joginder Singh & Shri Ramit Kocharassessment Years: 2004-05 Mr. Navnitlal K. Parikh, Acit, F-2, 77 & 78 Gujrati Society Cc-45, बनाम/ Nehru Road, Vile Parle (E), Aayakar Bhavan, Vs. Mumbai-400057 M.K. Road, Mumbai-400020 ("नधा"रती/Assessee) (राज"व /Revenue) Pa No.:-Aaccp6245F "नधा"रती क" ओर से / Assessee By Shri Shailesh Parmar Shri Suman Kumar-Dr राज"व क" ओर से / Revenue By 05/04/2017 सुनवाई क" तार"ख / Date Of Hearing : 18/04/2017 आदेश क" तार"ख /Date Of Order: Mr. Navnitlal K. Parikh
Section 139Section 15Section 153ASection 271(1)Section 271(1)(C)Section 271(1)(c)Section 5
penalty levied by the AO u/s 271(1)(c) of the Act in all the years under consideration.”
5.9 Similarly, in the case of Shri Prem Arora (supra), the Delhi Bench of this Tribunal has held in paragraph 9 to 12 as under:
9. We have heard both the parties and gone through the material available on record. The first
