Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2005 (5) TMI 545 - ITAT MUMBAI
Extract:
.......on of Hon rsquo ble Bombay High Court the decision of Chemiequip Ltd. rsquo s case (supra) would be applicable and penalty for concealment would be levied in a case where assessed income is a reduced loss, we decline to interfere with the order of CIT(A) and dismiss the appeal of assessee. 16. In the result, the appeal of the assessee is dismissed.