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Case Law Details

Case Name : Dy. CIT Vs. ACEE Enterprises (ITAT Delhi)
Appeal Number : ITA Nos. 6516 to 6519/Del/2014
Date of Judgement/Order : 13/11/2017
Related Assessment Year : 2005-06, 2007-08, 2008-09
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Dy. CIT Vs. ACEE Enterprises (ITAT Delhi)

It is undisputed that penalty has been levied only on the change of head of income from ‘short-term capital gains’ to ‘business income’. it is undisputed that the impugned amounts, which formed the basis

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