PRAKASH RAMAN CHAUDHARI,,NASHIK vs. INCOME-TAX OFFICER,,
In the result, all the appeals of assessee are allowed
ITA 740/PUN/2016[2011-12]Status: DisposedITAT Pune15 May 2018AY 2011-12
Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.737 To 740/Pun/2016 यििाारण वषा / Assessment Years : 2006-07, 2008-09, 2010-11 & 2011-12 Prakash Raman Chaudhari, Garden View Bunglow, Saptashrungi Colony, Old Gangapur Naka, अऩीऱाथी/Appellant Nashik – 422005 …. Pan:Aajpc9817C Vs. The Income Tax Officer (Central)-I, …. प्रत्यथी / Respondent Nashik
For Appellant: Shri Kishore Phadke
Section 132Section 133ASection 153ASection 271(1)(c)
u/s 271(1)(c) on alleged on unproved loan of Rs.4,50,000/- by disregarding appellants contention.
4. The issue raised in the present appeal is against levy of penalty under section 271(1)(c) of the Act.
ITA Nos.742 to 747/PUN/2016
5. Briefly, in the facts of the case, search and seizure action under section
