2013 (1) TMI 97

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..... Held that:- It was held that even after such disallowance, tax finally required to be paid, as per Section 115 JB of the Act, would remain the same. It cannot be stated that the assessee evaded tax. In favour of assessee - TAX APPEAL No. 2224 of 2009 - - - Dated:- 29-3-2011 - MR. AKIL KURESHI AND MS SONIA GOKANI JJ. Appearance: MRS MAUNA M BHATT for Appellant(s): 1, MR RK PATEL for .....

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..... al came to the conclusion that there was no concealment or supplying of inaccurate particulars by the assessee. It was observed that all facts were on record and omission to disallow certain sum while computing income as per the profit and loss account, all were brought on record. Second ground adopted by the Tribunal was that even after disallowing certain sum while computing income as per the pr .....

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..... the assessee, at the outset, had disclosed all facts, and that its explanation to the Assessing Officer was otherwise also found acceptable and bona fide and that in any case even after the deletions ordered, there was no impact on the tax liability of the assessee under Section 115JB of the Act, we do not find any error in the Tribunal's order. Resultantly, we do not find any substantial question .....

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