ASSISTANT COMMISSIONER OF INCOME TAX , CHANDRAPUR CIRCLE , CHANDRAPUR vs. M/S CHANDRAPUR DISTRICT CENTRAL CO-OPRATIVE BANK LIMTED , CHANDRAPUR
In the result, appeal filed by the Revenue is allowed for statistical purposes
ITA 241/NAG/2018[2013-14]Status: DisposedITAT Nagpur21 Aug 2024AY 2013-14
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Mahavir AtalFor Respondent: Shri Kailash C. Kanojiya
Section 143(3)Section 271(1)(c)Section 274Section 36(1)(viia)
section 271(1)(c) of the Act of ` 39,07,11,248, for furnishing inaccurate particulars of income. The assessee being aggrieved filed appeal before the first appellate authority.
7. The learned CIT(A) deleted the penalty levied by the Assessing Officer.
The observations of the learned CIT(A) are as follows:–
“Decision:
6.0 I have considered the submission made