DCIT,CIR.-1(1),, PUNE vs. MANTRI HOUSING & CONSTRUCTIONS LTD.,, PUNE

In the result, the appeal of Revenue in ITA

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am

penalty to the tune of Rs.3,64,15,837/- u/s 271(1)(c) of the I.T. Act, 1961. 2. The order of the CIT(A) be vacated and that of the Assessing Officer be restored.” 5. As far as A.Y. 1998-99 is concerned, assessee filed its return of income for A.Y. 1998-99 on 30.11.1998 declaring loss of Rs.5

ACIT, CIR.-1(2),, PUNE vs. GLOBAL INFRASTRUCTURE & TECHNOLOGIES LTD.,, PUNE

In the result, the appeal of Revenue in ITA