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Mere non acceptance of Assessees Legal Claim will not amount to furnishing of inaccurate particulars of income
Case Law Details
- Case Name
- Strides Arcolab Ltd. Vs. ACIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2000- 01
- Courts
- All ITAT, ITAT Mumbai
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Merely because assessee has made some legal claim which has not been accepted by A.O. that will not amount to furnishing of inaccurate particulars of income
ITAT, MUMBAI BENCH `E’ MUMBAI,
Strides Arcolab Ltd. Vs. ACIT,
APPEAL NO: ITA NO. 6233/Mum/2009,
DECIDED ON June 30, 2010
ORDER
PER R S PADVEKAR:
In this appeal, the assessee has challenged the impugned order of the ld CIT(A) for assessment year –22, Mumbai dated 6.11.2009 in which the penalty levied by the A.O. u/s 271(1)(c ) for the A.Y. 2000-01 has been confirmed.
2 The assessee has taken the following effective grounds in its ...
