NAND KUMAR PRASAD SAH,MUZAFFARPUR vs. AC/DCIT CENTRAL CIRCLE, MUZAFFARPUR
In the result, all the appeals of the assessee (s) in ITA Nos
ITA 170/PAT/2023[2019-20]Status: HeardITAT Patna29 Aug 2024AY 2019-20
Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am
For Appellant: Shri SK Tulsiyan, &For Respondent: Shri Ashwani Kr. Singal, DR
Section 132Section 139(1)Section 143(3)Section 153ASection 270A
additional income of ₹5,15,000/-. The learned Assessing Officer carried out the assessment proceeding but finally accepted the returned income. In nutshell, there is no difference between the assessed income and the returned income shown in the return filed u/s 153A of the Act.
08. Now, the learned Assessing Officer has initiated the penalty proceedings for under reporting income
