Agra/2015, dated 19.05.2017.
(c) "Mak Data (P) Ltd. vs. CIT", Civil Appeal No.9772/2013 (SC).
( d) "Gujarat State Financial Services ... after distinguishing
the cases relied on by the Revenue, namely, 'Mak Data (P) Ltd.' (supra), 'K.P.
15
Madhusudhanan ' (supra
placing reliance on
judgment of Hon'ble Supreme Court in MAK Data Pvt. Ltd.
(supra). The observation of Hon'ble Supreme Court ... MAK Data
Pvt. Ltd. (supra) is as under :-
"7) The AO, in our view, shall not be carried away by the
plea
relying on the decision in the case of
Mak Data P. Ltd. vs. CIT [2013] 358 ITR 593(SC) observed
that penalty under section ... facts of the case
are similar to the case of Mak Data P. Ltd. vs. CIT [2013] 358
ITR 593(SC). In this case also
Supreme Court in the case of MAK Data Pvt. Ltd., Vs. CIT (358
ITR 593) held that voluntary disclosure does not release the assessee
from ... Supreme Court in
the case of MAK Data Pvt. Ltd. , (supra), therefore, he prayed that
penalty levied by the Assessing Officer may be deleted
judgment of
Hon'ble Supreme Court in the case of MAK Data P. Ltd. vs. CIT , reported
(2013) 358 ITR 593, for the proposition ... Apex Court in the case of
MAK Data P. Ltd. (supra), wherein the Hon'ble Apex Court confirmed the levy
of penalty under Section
department, as rightly contended, are not
applicable. In " MAK DATA P. LTD. vs. CIT ", 358 ITR 593 (SC) (copy ... concealed his true and correct income. As to how " MAK DATA
P. LTD " (supra). is detrimental to the case of the assessee
observed that in the case of Mak
Data Pvt. Ltd. vs. CIT (Civil Appeal No. 9772 of 2013), the Hon'ble
Supreme Court ... assessee for
furnishing inaccurate particulars of income.
7.1 In Mak Data Pvt. Ltd. (supra), the Hon'ble Supreme Court has held
at para
decision of the Hon'ble Supreme Court in MAK Data (P.) Ltd. V. Commissioner of Income-tax-II reported in [2013 ] 38 taxmann ... Madras) which has been rendered following the decision in MAK Data (P.) Ltd. (supra).
11.In the case pertaining to MAK Data
decision of
the Hon‟ble Supreme Court in the case of Mak Data Private Limited ... learned to para 9 of decision in the case of Mak
Data Private Limited (supra), wherein Hon‟ble Supreme Court held as under
also
clarified by the Hon'ble Apex Court in Mak Data v. CIT [2013] 358 ITR 593
(SC), from which we may extract ... this context; the law being trite,
apart from the decision in Mak Data (supra), be made to the following decisions
settling
