2018 (3) TMI 1765

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..... hich is not sustainable in law, would not amount to furnishing inaccurate particulars and observed that no infirmity was made out in the order of the Commissioner of Income Tax (Appeals), Visakhapatnam, holding to the effect that the levy of penalty was not warranted. No substantial question of law - I.T.T.A.No.29 OF 2018 - - - Dated:- 13-3-2018 - Sanjay Kumar And D.V.S.S. Somayajulu, JJ. .....

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..... ated 23.12.2016 passed by the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam, in so far as it relates to I.T.A.No.564/VIZ/2014 pertaining to the Assessment Year 2008-09. Heard Sri B.Narasimha Sarma, learned counsel for the appellant/Revenue, and Sri A.V.A.Siva Karthikeya, learned counsel appearing for the respondent/assessee. Perusal of the order under appeal reflects .....

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..... f 2017, which were disposed of by common order dated 13.09.2017, a Division Bench of this Court held against the Revenue in so far as the deduction claimed under Section 80P(2) of the Act of 1961 is concerned. As regards the issue of overdue interest, another Division Bench held against the Revenue vide order dated 21.11.2017 passed in I.T.T.A.No.475 of 2017. That apart, as rightly pointed out by .....

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