M/S RAM SWARUP RUNGTA & BROTHERS,RANCHI vs. DCIT, RANCHI
In the result, the appeals of assessee in ITA
ITA 118/RAN/2016[2007-08]Status: DisposedITAT Ranchi01 Mar 2018AY 2007-08
For Appellant: Shri Devesh Poddar, Advocate, ld.ARFor Respondent: Shri Sanjay Mallik, JCIT, ld. DR
Section 271Section 271(1)(c)Section 274
Delay condoned.
We do not find any merit in this petition. The special leave petition is , accordingly dismissed.
Pending application, if any, stands disposed of.
9. Respectfully following the aforesaid judicial precedents, we cancel the penalty levied of Rs. 11,24,721/- by the AO U/Sec.271(1)( c) of the Act and confirmed by the CIT-A. Accordingly, the grounds