CHHATTISGARH METALIKS AND ALLOYS PVT. LTD.,RAIPUR vs. INCOME TAX OFFICER -3(3), RAIPUR
In the result, appeal of the assessee is allowed in terms of our aforesaid observations
ITA 114/RPR/2021[2015-16]Status: DisposedITAT Raipur13 Mar 2023AY 2015-16
Bench: Shri Ravish Sood & Shri G D Padmahshaliआयकर अपील सं./ Ita No.114/Rpr/2021 "नधा"रण वष" / Assessment Year : 2015-16 Chhattisgarh Metaliks & Alloys Private Limited Mohini B-5, Merlin Jayashree Vihar, Mandi Gate, Pandri Tarai, Raipur (C.G.)-492 001 Pan : Aadcc9242J .......अपीलाथ" / Appellant बनाम / V/S. The Income Tax Officer-3(3), Raipur (C.G.) ……""यथ" / Respondent
For Appellant: Shri Abhishek Mahawar, CAFor Respondent: None
Section 143(2)Section 143(3)Section 271(1)(c)Section 56(2)(viib)Section 68
271(1)(c) of the Income- tax Act, 1961 (in short ‘the Act’) dated 08.07.2019 for the assessment year
2015-16. The assessee has assailed the impugned order on the following grounds of appeal before us:
“1.That CIT Appeals-NFAC has erred in both fact and in law in confirming the penalty of Rs.10,95,149/- made by Assessing Officer
