KRISHIRAJ TRADING LTD,MUMBAI vs. ADDL CIT RG 6(2), MUMBAI
In the result, the revenue ‟s appeal is allowed for statistical purposes
ITA 6524/MUM/2011[2008-09]Status: DisposedITAT Mumbai07 Mar 2016AY 2008-09
Bench: Shri Amit Shukla, Jm & Shri Rajesh Kumar, Am आमकय अऩीर सं./I.T.A. No 6524/Mum/2011 (निर्धारण वषा / Assessment Year: 2008-09) M/S. Krishiraj Trading Ltd. Addl. Commissioner Of Income B/9 Th Floor, Trade World, Tax Circle-6(2) बिधम/ Kamala Mill Compd., S.B. Marg, R.No. 563, Aayakar Bhavan, Lower Parel, M.K. Road, Vs. Mumbai – 400013. Churchgate, Mumbai – 400 020 (अऩीराथी /Appellant) (प्रत्मथी / Respondent) : आमकय अऩीर सं./I.T.A. No 6840/Mum/2011 (निर्धारण वषा / Assessment Year: 2008-09) A.C.I.T. Circle-6(2) M/S. Krishiraj Trading Ltd. R.No. 563, Aayakar Bhavan, B/9 Trade World, Kamala Mill बिधम/ M.K. Road, Compd., S.B. Marg, Lower Churchgate, Parel, Vs. Mumbai – 400 020. Mumbai – 400013. स्थामी रेखा सं./ जीआइआय सं./ Pan/Gir No. Aaack2257N (अऩीराथी /Appellant) (प्रत्मथी / Respondent) :
For Appellant: Shri Reepal G. TradshawalaFor Respondent: Shri Rajesh Kumar
Section 144ASection 14ASection 234B
penalty proceedings u/s. 271(1)(c), as premature. She ought to have appreciated, inter alia, that since in the peculiar facts and circumstances of the appellants case, there could be absolutely no question for alleging that the appellant was guilty of concealing its income or of furnishing inaccurate particulars of its income, she ought to have ordered for the cancellation
