Income Tax Appellate Tribunal (ITAT), Cuttack deleted penalty as assessee duly complied with notices issued under Section 142(1)(i). The appellant assessee, Sudhi Jain, is an individual having PAN AIGPJ6846F, was issued a notice u/s 142(1)(i) of the IT Act for the AY 2017-18 (FY 2016-17) to furnish correct return of income for the impugned AY…
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