Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1975 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1975 (11) TMI 54 - ITAT COCHINExtract: .......t Parthasarathy s testimony regarding the alleged bogus outstanding Rs. 97,635. 11. Thus we find direct evidence for Rs. 8,000 under jaggery and Rs. 11,300 under dates. Considering all the facts brought out in the appellate order and penalty order we will sustain a penalty of Rs. 25,000 (Twenty five thousand only). 12. The appeal is partly allowed.
|