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1 result for “penalty u/s 271”+ Section 271bclear

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Key Topics

Section 142(1)2Section 1442

SANJAY TIWARI,GORAKHPUR vs. INCOME TAX OFFICER, WARD - 2(1), GORAKHPUR

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 22/VNS/2021[2015-2016]Status: DisposedITAT Varanasi13 Feb 2023AY 2015-2016

Bench: Shri. Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2015-16 Sanjay Tiwari V. The Ito Prop. Tiwari Automobiles Ward 2(1) Bewari Chowk, Gola Bazar Gorakhpur Gorakhpur Pan:Agupt4822H (Appellant) (Respondent) Appellant By: None Respondent By: Shri A. K. Singh, D.R. Date Of Hearing: 09 02 2023 Date Of Pronouncement: 13 02 2023 O R D E R

For Appellant: NoneFor Respondent: Shri A. K. Singh, D.R
Section 142(1)Section 143(2)Section 144Section 144ASection 271B

271B as the turnover is below Rs.1 crore 2 Sanjay Tiwari and appellant is not liable to get the accounts audited u/s 144AB of I.T. Act 1961. 4. The only grievance of the assessee is regarding non- exclusion of the amount of contra entries in the Bank account of the assessee from the turnover considered by the Assessing Officer while