2017 (12) TMI 1697

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....have been filed by the Revenue assailing the correctness of the consolidated order dated 13.04.2017 of CIT (Appeals)-3 Ludhiana pertaining to 2006-07 and 2008-09 assessment year wherein the penalty imposed by the AO has been quashed. 2. It was a common stand of the parties before the Bench that apart from the difference in the amounts, the Revenue has raised identical ground in both the appeals.....

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.... to 19 wherein the addition in 2006-07 assessment year has been deleted and para 24 wherein the addition in 2008-09 assessment year has been deleted. Accordingly, placing reliance upon the same, it was his submission that the Departmental appeals may be dismissed. 4. The ld. Sr.DR placed reliance upon the penalty order. The facts were not disputed. 5. We have heard the rival submissions and pe....