DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), RAIPUR vs. CHHATTISGARH STATE POWER TRANSMISSION COMPANY LTD., RAIPUR
In the result, the appeal of the revenue in ITA No
ITA 3/RPR/2023[2017-18]Status: DisposedITAT Raipur14 Dec 2023AY 2017-18
Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos. 2 & 3/Rpr/2023 Co Nos. 19 & 20/Rpr/2023 "नधा"रण वष" / Assessment Years : 2016-17 & 2017-18 The Deputy Commissioner Of Income Tax, Circle-1(1), Raipur (C.G.)
For Appellant: Shri R.B Doshi, CAFor Respondent: Shri S.K Meena, CIT-DR
Section 115JSection 143(3)Section 270ASection 271(1)(c)Section 36(1)(va)
3) dated 30.12.2019 i.e. the assessee has accepted its misreporting of income.
iv. Mens rea —bad intention is not prerequisite for levy of penalty and ignorance of provisions of law is not an excuse.
8. In view of the above discussion, it is justified that the assessee has misreported its income for the year under consideration
