2003 (12) TMI 11

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ge of the partner to indicate that it was a deliberate act. Since in the discussion the Commissioner of Income-tax (Appeals) and the Income-tax Appellate Tribunal have both found that there was no ground for imposing penalty no case arises for interference in this appeal under section 260A of the Act. The appeal is accordingly dismissed. - - - - - Dated:- 18-12-2003 - Judge(s) : S. K. KULSHREST .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Revenue have approached the Income-tax Appellate Tribunal in appeal. The Tribunal observed that the accounts suffered from totalling mistake committed by a "munim" and, therefore, it upheld the order passed by the Commissioner of Income-tax (Appeals). Learned senior counsel has referred to the decision of the Allahabad High Court in Pahulal Ved Prakash v. CIT [1990] 186 ITR 589 in support of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X