In Commissioner Of Income Tax v. B. Venkatesam[[1, the High Court (2014) dismissed the appeal. The decision went in favour of the assessee.
Decision: Following the same, the appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
HON’BLE SRI JUSTICE L. NARASIMHA REDDYANDHON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.A No. 4 OF 2002
09-07-2014
BETWEEN
Commissioner of Income Tax, A.P-I, Hyderabad
…Appellant
And
Sri B. Venkatesam
…..Respondent
HON’BLE SRI JUSTICE L. NARASIMHA REDDYANDHON’BLE SRI JUSTICE CHALLA KODANDA RAM
I.T.T.A No. 4 OF 2002
JUDGMENT:(per the Hon'ble Sri Justice L. Narasimha Reddy)
This appeal is preferred against the order passed in
ITA No. 829/H/93 by Hyderbad Bench ‘B’ of the Income TaxAppellate Tribunal. The said appeal in turn arose out of an order ofpenalty passed by the Income Tax Officer under Section 271 (1)(c) of the Income Tax Act, 1961.
Learned Senior Counsel for the appellant in all fairnesssubmits that this appeal is part of a batch of 16 similar appealsand this Court dismissed substantial number of appeals in
Commissioner of Income Tax v. B. Venkatesam[[1]].
Following the same, the appeal is dismissed. There shall beno order as to costs.
___________________________
L. NARASIMHA REDDY, J
09-07-2014ks
____________________________
CHALLA KODANDA RAM, J
[1](2012) 349 ITR 413
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