2009 (11) TMI 128

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..... eared for the respondent. JUDGMENT 1. The appeal has been filed under section 260A of the Income-tax Act, 1961, against the order dated August 5, 1999 passed by the Income-tax Appellate Tribunal, Delhi Bench "A", Delhi, in I. T. A. No. 826 (Del)/92. In the memo of appeal, the following question of law has been sought to be raised: "Whether, on the facts and in the circumstances of the case, th .....

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..... isfy the Assessing Officer. The penalty proceedings under section 271(1)(c) were initiated. The matter reached the Tribunal in second appeal at the instance of the assessee. The Tribunal has dealt with the matter in paragraph 7 of the order and reached the conclusion that whatever additions were made, it is now adjusted for the closing stock of the assessee. The Tribunal has recorded categorically .....

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