2012 (8) TMI 146

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..... stake and that there was no intention to evade tax - appeals are dismissed - INCOME TAX APPEAL LOD) NO.2209 OF 2010, 2210 OF 2010, 2211 OF 2010, 2212 OF 2010, 2213 OF 2010, 2214 OF 2010 - - - Dated:- 22-6-2011 - J.P. DEVADHAR AND SMT. R.P.SONDURBALDOTA JJ. Mr. Vimal Gupta for the appellant. P.C. :- 1. Heard learned counsel for the appellant. None present for the respondent. .....

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..... ction 271(1)(c) of the Act by the the assessing officer was deleted by the ITAT after recording detailed reasons that it was a case of bonafide mistake and that there was no intention to evade tax. The discretion exercised by the ITAT in accepting the explanation given by the assessee is reasonable and we see no reason to interfere with the decision of the Tribunal which is based on finding of fac .....

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