Sponsored
    Follow Us:

Case Law Details

Case Name : Dy. CIT Vs. ACEE Enterprises (ITAT Delhi)
Related Assessment Year : 2005-06, 2007-08, 2008-09
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

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 for the assessing officer to levy penalty, were in fact fully reported in the returns.Although the ITAT has upheld the view of the assessing officer that the impugned income was chargeable under the head “Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031