THE PRINCIPAL COMMISSIONER OF INCOME TAX FARIDABAD vs. M/S PIYUSH COLONIZERS LTD.

The appeal is dismissed

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN

penalty levied by the AO u/s 271(1)(c) of the Income Tax Act, 1961 without appreciating the fact that addition

M/S.ESCORTS EMPLOYEES ANCILLAR vs. ADDL.COMMISSIONER OF INCOME TA

Bench: MR. JUSTICE AJAY TEWARI,MRS. JUSTICE ALKA SARIN

addition from uncounted transactions reflected in loose papers found during survey U/s 133A of the Income Tax Act, ignoring evidence available in these papers regarding liquor business carried on by the respondents in Benami names?” 3. We find that the issues raised are based on findings recorded by the Tribunal on the basis of evidence available on record. This Court