Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1996 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1996 (7) TMI 167 - AT - Income TaxExtract: .......e addition might have been strong but the addition has been made in a wrong year. Ultimately, we must say that there is no proper case for levy of penalty in any of the three years. Hence, we reverse the orders of the lower authorities and cancel the penalties for all the three years. 22. In the result, the appeals filed by the assessee are allowed
|