PR. COMMISSIONER OF INCOME TAX vs. M/S HARI NARAIN PARWAL
ITA/90/2020HC Rajasthan21 Feb 2024
Bench: AVNEESH JHINGAN,SHUBHA MEHTA
Section 143Section 143(3)Section 271Section 271(1)Section 271(1)(c)Section 274
loss account. Thus, in the
whole body of the order, no satisfaction has been recorded for
initiating penalty proceedings. Only at the end of the computation of
income, the Assessing Officer has recorded "Keeping in view the
facts of the case, I am satisfied that it warrants the initiation of
penalty proceedings
