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![Penalty won’t attract When the Addition on Account of Deeming Fiction is based on some kind of estimate given by Govt. Valuer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty won’t attract When the Addition on Account of Deeming Fiction is based on some kind of estimate given by Govt. Valuer: ITAT [Read Order]")
Penalty won’t attract When the Addition on Account of Deeming Fiction is based on some kind of estimate given by Govt. Valuer: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal comprising N.K. Saini, (Accountant Member) and Amit Shukla, (Judicial Member) said that penalty...