BASIR AHMED SISODIA vs. THE INCOME TAX OFFICER
Appeal is allowed
C.A. No.-006110-006110 - 2009Supreme Court24 Apr 2020
Bench: HON'BLE MR. JUSTICE A.M. KHANWILKAR
Section 143(2)Section 24(1)Section 260ASection 272(1)(c)Section 68
bogus entries effected by the appellant/assessee.
Resultantly, the penalty proceedings under Section 271 were
initiated by the Officer. That order, however, has now been set
aside by the appellate authority [CIT(A)] in the appeal preferred by
the appellant/assessee, vide order dated 13.1.2011 with a finding
that the appellant/assessee had not made any concealment of
10
income or furnished inaccurate