Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri Bijayananda Pruseth (Accountant Member)
reassessment proceedings. I.T.A No. 709 & 710//SRT/2025 A.Y. 2009-10 Page No 3 Anand Mahendra Kapadia vs. ITO The assessing officer found that there is an entry of interest paid of Rs.2,97,600, therefore made the same as addition and also proposed for penalty proceedings u/s. 271D and 271E of the Act for violations of provisions of Section