BANDANA PANDEY,GORAKHPUR vs. ADDL. CIT, RANGE - 01,, GORAKHPUR
In the result, appeal filed by the assessee is allowed for statistical purposes
ITA 106/VNS/2019[2012-2013]Status: DisposedITAT Varanasi03 Jun 2022AY 2012-2013
Bench: Shri Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2012-13 Smt. Bandana Pandey Addl. Commissioner Of Income Tax , W/O Shri Shyam Chandra V. Range-1, Gorakhpur, U.P. Pandey, 29-B, Betihata South, Awas Vikas Colony, Gorakhpur-273001, U.P. Pan:Atopb4997J (Appellant) (Respondent)
For Appellant: Shri P.K Srivastava, AdvocateFor Respondent: Shri A.K. Singh, Sr. DR
Section 144Section 269SSection 271D
273B of the Act read with Section 271D/269SS, wherein if assessee is able to show a reasonable cause, no penalty is exigible u/s 271D read with Section 269SS of the 1961 Ac. The Ld. counsel for the assessee submitted that cash loan of Rs. 16,75,000/- was taken by assessee from her husband , and since it is a transaction
