M/S MARUTI NANDAN FOOD PRODUCTS PVT LTD,PATNA vs. ITO, WARD- 2(1), PATNA
In the result, appeal of the assessee is allowed for statistical purposes
ITA 124/PAT/2017[2013-14]Status: DisposedITAT Patna28 Feb 2023AY 2013-14
Bench: Shri Sonjoy Sarma & Shri Girish Agrawalassessment Year: 2013-14
For Appellant: Shri Dinesh Kumar, CAFor Respondent: Smt. Rinku Singh, CIT, DR
Section 142(1)Section 143(3)Section 271(1)(b)Section 68
penalty u/s.
271(1)(b) of the Act of Rs.10,000/-.
3.1. Ld. AO noted that at the fag end of the assessment proceedings on 10.03.2016, ld. AR of the assessee and Shri Abhimanuy Kumar Singh, director of the assessee, appeared and submitted the list of lenders from whom the assessee had taken unsecured loans. However, no documents in support