SHREENATHJI DEVLOPERS,RAJKOT vs. THE ITO, WARD-2 (1) (1), RAJKOT, RAJKOT

In the result, all the five appeals filed by the assessee are hereby allowed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

69,983/- and also initiated penalty proceedings u/s. 271(1)(b) for not replying to the 142(1) notices. 3. In the penalty proceedings u/s. 271(1)(b), the assessee replied by way of written submissions that the details were not filed to the Assessing Officer because of non-availability of the Accountant. This explanation was not accepted

SHREENATHJI DEVLOPERS,RAJKOT vs. THE ITO, WARD-2 (1) (1), RAJKOT, RAJKOT

In the result, all the five appeals filed by the assessee are hereby allowed