Case Law Details
Case Name : Deco Mica Limited Vs JCIT (ITAT Ahmedabad)
Appeal Number : ITA No. 1243/Ahd/2019
Date of Judgement/Order : 03/08/2022
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Ahmedabad
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Deco Mica Limited Vs JCIT (ITAT Ahmedabad)
Held that the mistake in not adding back the loss on sale of fixed assets in computation of income was a bona fide mistake inadvertently. Accordingly, penalty u/s 271(1)(c) not imposed.
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