LOVE SHOPPERS LIMITED,AHMEDABAD vs. ADD. CIT, RANGE -2(1), AHMEDABAD, AHMEDABAD
In the result, the appeal of the assessee is allowed
ITA 427/RJT/2023[2016-17]Status: DisposedITAT Rajkot04 Feb 2025AY 2016-17
Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No.427/Rjt/2023 ("नधा"रण वष" / Assessment Year: (2016-17) (Physical Hearing) M/S. Love Shoppers Ltd. Vs. Add. Cit, Range 2(1) 10Th Floor, Broadway Business Ahmedabad Centre, Opp. Mayors Bunglow, Nr. Law Garden, Ellisbridge Ahmedabad 380006 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaacl5963A (Assessee) (Respondent)
For Appellant: Shri Mehul Ranpura, ARFor Respondent: Shri Abhimanyu Singh Yadav, Sr. DR
Section 143(3)Section 269SSection 269TSection 26SSection 271Section 271DSection 271E
271 E of the I.T. Act, 1961, if a person repays such sum in contravention of the provisions of section 269T, he shall be liable to pay a penalty of a sum equal to the amount of loan or deposit so repaid.You are, therefore, requested to show cause as to why the penalty u/s
