2017 (3) TMI 1858

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....or the Respondent : Shri M.K. Biju, JCIT(ITAT-3)(DR), Bengaluru. ORDER Per Sunil Kumar Yadav, Judicial Member This appeal is preferred by the assessee against the order of the CIT(Appeals) inter alia on the following grounds:- "1. That the order of the assessing officer in so far as it is against the appellant is against the law, facts, circumstances, natural justice, equity, without j....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ue. 7. The appellant denies the liability for interest u/s 234B & 234C of the Act. Further prays that interest if any should be levied only on the returned income. 8. No opportunity has been given before levy of interest u/s 234B & 234C of the IT Act. 9. Without prejudice to the appellant's right of seeking waiver before appropriate authority the appellant begs for consequential relie....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 33 (Del). In order to demonstrate that assessee does not have any exempt income, our attention was invited to the copy of the Profit & Loss account and the Balance Sheet which is available at pages 27 to 28 of the compilation of the assessee. 4. The ld. DR placed reliance upon the order of the CIT(Appeals). 5. Having carefully examined the orders of lower authorities in the light of rival s....