TMI Blog2019 (3) TMI 84X X X X Extracts X X X X X X X X Extracts X X X X ..... on merits in all the four years under appeal, the impugned penalties do not survive. The orders of the CIT (Appeals) are set aside and the impugned penalties are directed to be deleted - Decided in favour of assessee. - ITA No.-2964-67/Del/2017 - - - Dated:- 27-2-2019 - Shri G.D. Agrawal, Vice President And Shri Sudhanshu Srivastava, Judicial Member For the Assessee : Sh. K.Sampath, Sh. V ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... order dated 23.05.1994 with effect from 26.10.1989. The order of granting registration was further made effective up 01.10.2014 by virtue of the order of the Hon ble High Court of Delhi. Search and seizure action u/s 132 of the Act was conducted at the residence of Shri R.K. Miglani, Secretary General of the Association as well as at the premises of the Association on 14.02.2006. Documents found a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o the ITAT held that the quantum additions made to the returned income of the assessee were unsustainable in facts and law. The relevant observations of the ITAT in this regard are found in Para 230 appearing at page 153 of the said order. 3.0 The Ld. Authorized Representative has placed on record, copy of the above said ITAT order in the quantum proceedings and has submitted that in view of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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