DEPUTY COMMISSIONER OF INCOME TAX, NASHIK vs. CHAKRAHAR CONTRACTORS AND ENGINEERS PRIVATE LIMITED, JALGAON
In the result, both the appeals of the Revenue are
ITA 1940/PUN/2024[2021-22]Status: DisposedITAT Pune26 Dec 2024AY 2021-22
Bench: Shri Rama Kanta Panda & Shri Vinay Bhamore
For Appellant: Shri Sanket M JoshiFor Respondent: Shri Amol Khairnar, CIT-DR
Section 131Section 143Section 143(1)(a)Section 143(2)Section 270ASection 270A(3)(i)Section 270A(6)(a)Section 270A(9)
92D, declared the international transaction
under Chapter X, and, disclosed all the material facts
relating to the transaction; and
(e) the amount of undisclosed income referred to in
section 271AAB.
(7)
The penalty referred to in sub-section (1) shall
be a sum equal to fifty per cent of the amount of tax
payable on under-reported income.
(8)
Notwithstanding
