GORAKH NATH YADAV,VARANASI vs. ITA, WARD - 3(4), VARANASI
In the result, appeal of the assessee is allowed
ITA 26/VNS/2023[2004-2005]Status: DisposedITAT Varanasi16 Oct 2023AY 2004-2005
Section 271(1)(c)Section 274
delay in filing of the appeal is condoned and the appeal is admitted for hearing.
4. The assessee is aggrieved by penalty of Rs.3,50,162/- on account of addition made under the head long term capital gain of Rs.16,10,438/-. Before us, ld. Counsel for the assessee at the outset submitted that, firstly while initiating the penalty proceedings
