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Shri Subhrajee Mallick, Prop. M/s. BPL. Distributors Versus Income-tax Officer, Ward-2, Paradeep. - 2012 (11) TMI 137 - ITAT CUTTACK
Retail trade u/s 44AF - Income below the rate of 5 as prescribed u/s 44AF - Penalty u/s 271(1)(b) for non-compliance and u/s.271(1)(c) holding a view the addition was the result of submission of inaccurate particulars of income in violation to the provisions of Section 44AF - Held that - CIT(A) can do what the ITO can do and also direct him to do what he has failed to do, as held in Jut ....... - .......