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“Section 27(1)(c)”

Section References (mined)Section 27Section 27(1)(c)33 judgments

LALJIBHAI PARSHOTTAMBHAI GAUDANI,AHMEDABAD vs. THE DY.CIT, CIRCLE-3(1)(1), AHEMDABAD

ITA 1238/AHD/2025[2012-13]Status: DisposedITAT Ahmedabad13 Jan 2026AY 2012-13

Bench: Ms. Suchitra Raghunath Kamble & Shri Narendra Prasad Sinhaassessment Year:2012-13

Section 143Section 143(3)Section 148Section 2(47)(v)Section 27(1)(c)Section 50CSection 50C(5)Section 53A

further completed assessment under section 143 of the Act, without refuting to facts brought on record by the AO. 5. Penalty proceedings under Section 27(1)(c) and 271(1)-(b) of the Act: All the above grounds of appeal are independent from one other and without prejudice

VALAKA ENGINEERING PRIVATE LIMITED,WEST BENGAL vs. ACIT, CIRCLE – 20, NEW DELHI, NEW DELHI

In the result, the Appeal of the Assessee is allowed in the above terms

ITA 3932/DEL/2025[2012-2013]Status: DisposedITAT Delhi21 Nov 2025AY 2012-2013

Bench: Shri Mahavir Singh & Shri Manish Agarwalasstt. Year: 2012-13

For Appellant: Shri Yash Mehta, CA
Section 143(3)Section 147Section 27(1)(c)Section 271(1)(c)Section 68

ITA No. 3932/DEL/2025 ValakaEngg Private Ltd Vs ACIT, Circle-20, ND IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘G

DCIT 3(2)(1), MUMBAI vs. THE NEW INDIA ASSURANCE COMPANY LIMITED, MUMBAI

The appeal of the revenue is dismissed

ITA 4634/MUM/2023[2004-05]Status: DisposedITAT Mumbai27 Oct 2025AY 2004-05

Bench: Shri Amit Shukla, Jm & Ms Padmavathy S, Am

For Respondent: Shri Farrokh V. Irani, Adv. &
Section 143(3)Section 250Section 263Section 271(1)(c)Section 44

penalty for the reason that the Tribunal in assessee's own case has upheld the orders of the lower authorities. Penalty under section 27(1)(c) is levied where the assessee has concealed the particulars of his income or furnished inaccurate particulars of such income. The assessee in the present

JOKHIRAM DURGADUTT,RANCHI vs. DCIT, CIRCLE-1, RANCHI

In the result, this appeal of the assessee is allowed

ITA 400/RAN/2024[2016-17]Status: DisposedITAT Ranchi07 Jul 2025AY 2016-17

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayjokhiram Durgadutt, D.C.I.T., 9, J.D. Corporate, Behind J.D. High Circle-1, Vs. Street, Main Road, Ranchi-834001 Ranchi. (Jharkhand) Pan No. Aabfj 2200 Q Appellant/ Assessee Respondent/ Revenue

Section 143(3)Section 271(1)Section 271(1)(c)

consultant or Chartered Accountant - Whether, on facts, assessee was not guilty of any violation resulting in imposition of penalty under section 27(1)(c) and, therefore, impugned penalty imposed upon assessee was to be set aside - Held, yes." In view of the above kindly delete the penalty

ACIT CIRCLE-64(1), NEW DELHI vs. ASHIMA NEB, NOIDA

In the result, appeal of the Revenue is dismissed being devoid of any merit

ITA 4206/DEL/2019[2008-09]Status: DisposedITAT Delhi19 Jun 2025AY 2008-09

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.3953 और 4206 /िद"ी/2019(िन.व. 2008-09)

For Appellant: Shri Ashish Tripathi, Sr. DRFor Respondent: S/Shri Gautam Jain, Parth Singhal & Ankit Kumar, Advocates
Section 139(1)Section 143(1)Section 143(3)Section 147Section 148Section 4

आयकर अपीलीय अिधकरण िद"ी पीठ “ए”, िद"ी "ी िवकास अव"थी, "ाियक सद" एवं "ी एस "रफौर रहमान, लेखाकार सद" के सम

ACIT CIRCLE-64(1), NEW DELHI vs. ASHIMA NEB, NOIDA

In the result, appeal of the Revenue is dismissed being devoid of any merit

ITA 3953/DEL/2019[2008-09]Status: DisposedITAT Delhi19 Jun 2025AY 2008-09

Bench: Shri Vikas Awasthy & Shri S Rifaur Rahmanआअसं.3953 और 4206 /िद"ी/2019(िन.व. 2008-09)

For Appellant: Shri Ashish Tripathi, Sr. DRFor Respondent: S/Shri Gautam Jain, Parth Singhal & Ankit Kumar, Advocates
Section 139(1)Section 143(1)Section 143(3)Section 147Section 148Section 4

आयकर अपीलीय अिधकरण िद"ी पीठ “ए”, िद"ी "ी िवकास अव"थी, "ाियक सद" एवं "ी एस "रफौर रहमान, लेखाकार सद" के सम

ASCOT REALTY PVT LTD,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 1-, THANE

In the result, the appeal filed by the assessee is allowed

ITA 4644/MUM/2024[2016-17]Status: DisposedITAT Mumbai30 May 2025AY 2016-17

Bench: Shri Om Prakash Kant, Am & Ms. Kavitha Rajagopal, Jm

For Appellant: Shri Rishabh MarwahaFor Respondent: Shri. Ram Krishn Kedia (SR. DR.)
Section 143(1)Section 143(3)Section 250Section 271(1)(c)Section 274

concealment of particulars of income, whereas penalty was levied for furnishing inaccurate particulars of income which are two different limbs as per Section 27(1)(c) of the Act. Further, the ld. AR contended that the show cause notice dated 18.12.2018 was also issued for concealment of income, whereas penalty

ASCOT REALTY PVT. LTD,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -1 , THANE

In the result, the appeal filed by the assessee is allowed

ITA 4643/MUM/2024[2017-18]Status: DisposedITAT Mumbai30 May 2025AY 2017-18

Bench: Shri Om Prakash Kant, Am & Ms. Kavitha Rajagopal, Jm

For Appellant: Shri Rishabh MarwahaFor Respondent: Shri. Ram Krishn Kedia (SR. DR.)
Section 143(1)Section 143(3)Section 250Section 271(1)(c)Section 274

concealment of particulars of income, whereas penalty was levied for furnishing inaccurate particulars of income which are two different limbs as per Section 27(1)(c) of the Act. Further, the ld. AR contended that the show cause notice dated 18.12.2018 was also issued for concealment of income, whereas penalty

BANSAL LAND DEVELOPERS,PANVEL vs. INCOME-TAX OFFICER WARD 1, PANVEL

In the result, appeal of the assessee is allowed

ITA 2426/PUN/2024[2016-2017]Status: DisposedITAT Pune25 Apr 2025AY 2016-2017

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2426/Pun/2024 िनधा"रण वष" / Assessment Year: 2016-17 Bansal Land Developers, V The Income Tax Officer, E2, C Wing, Pushp Valley, S Ward-1, Panvel. Vichumbe Taluka, Panvel – 410206. Pan: Aajfb3643F Appellant/ Assessee Respondent / Revenue Assessee By Shri Divesh Chawla – Ar(Virtual) Revenue By Shri Ramnath P Murkunde - Dr Date Of Hearing 24/04/2025 Date Of Pronouncement 25/04/2025 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Appeal Filed By The Assessee Is Against The Order Of Ld.Commissioner Of Income Tax(Appeals)[Nfac], Passed Under Section 250 Of The Income Tax Act, 1961, Dated 20.09.2024 For Assessment Year 2016-17. The Assessee Has Raised The Following Grounds Of Appeal : “1. The Commissioner Of Income-Tax (Appeal) (Hereinafter Referred To As The Cit(A) Erred In Confirming The Penalty Levied By Ao Of

Section 250Section 27(1)(c)Section 271(1)(c)Section 43C

आयकर अपीलीय अिधकरण ”ए” "ायपीठ पुणेम"। IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCHES “A” :: PUNE BEFORE DR.DIPAK P. RIPOTE

DHIRENDRA MOHANLAL GUPTA,SANTACRUZ EAST vs. INCOME TAX OFFICER WARD 22(1)(1), MUMBAI, LALBAUG

In the result, all four appeals of the assessee are allowed for statistical purposes

ITA 6505/MUM/2024[2014-15]Status: DisposedITAT Mumbai27 Feb 2025AY 2014-15

Bench: Shri Rahul Chaudhary & Smt. Renu Jauhri

For Appellant: Shri Satyaprakash SinghFor Respondent: Shri R. R. Makwana
Section 144Section 27(1)(c)Section 271(1)(C)Section 68

erred in not adjudicating the issue of penalty of Rs. 89,28,026/- made under section 27(1)(c) of the Income Tax Act, 1961.” P a g e | 3 ITA Nos. 6502, 6503, 6504 & 6505/Mum/2024 A.Ys. 2013-14 & 2014-15 Dhirendra Mohanlal Gupta 3. Since facts in all four

DHIRENDRA MOHANLAL GUPTA,SANTACRUZ EAST vs. INCOME TAX OFFICER WARD 22(1)(1), MUMBAI, LALBAUG

In the result, all four appeals of the assessee are allowed for statistical purposes

ITA 6504/MUM/2024[2014-15]Status: DisposedITAT Mumbai27 Feb 2025AY 2014-15

Bench: Shri Rahul Chaudhary & Smt. Renu Jauhri

For Appellant: Shri Satyaprakash SinghFor Respondent: Shri R. R. Makwana
Section 144Section 27(1)(c)Section 271(1)(C)Section 68

erred in not adjudicating the issue of penalty of Rs. 89,28,026/- made under section 27(1)(c) of the Income Tax Act, 1961.” P a g e | 3 ITA Nos. 6502, 6503, 6504 & 6505/Mum/2024 A.Ys. 2013-14 & 2014-15 Dhirendra Mohanlal Gupta 3. Since facts in all four

DHIRENDRA MOHANLAL GUPTA,SANTACRUZ EAST vs. INCOME TAX OFFICER WARD 22(1)(1), MUMBAI, LALBAUG

In the result, all four appeals of the assessee are allowed for statistical purposes

ITA 6503/MUM/2024[2013-14]Status: DisposedITAT Mumbai27 Feb 2025AY 2013-14

Bench: Shri Rahul Chaudhary & Smt. Renu Jauhri

For Appellant: Shri Satyaprakash SinghFor Respondent: Shri R. R. Makwana
Section 144Section 27(1)(c)Section 271(1)(C)Section 68

erred in not adjudicating the issue of penalty of Rs. 89,28,026/- made under section 27(1)(c) of the Income Tax Act, 1961.” P a g e | 3 ITA Nos. 6502, 6503, 6504 & 6505/Mum/2024 A.Ys. 2013-14 & 2014-15 Dhirendra Mohanlal Gupta 3. Since facts in all four

DHIRENDRA MOHANLAL GUPTA,SANTACRUZ EAST vs. INCOME TAX OFFICER WARD 22(1)(1), MUMBAI, LALBAUG

In the result, all four appeals of the assessee are allowed for statistical purposes

ITA 6502/MUM/2024[2013-14]Status: DisposedITAT Mumbai27 Feb 2025AY 2013-14

Bench: Shri Rahul Chaudhary & Smt. Renu Jauhri

For Appellant: Shri Satyaprakash SinghFor Respondent: Shri R. R. Makwana
Section 144Section 27(1)(c)Section 271(1)(C)Section 68

erred in not adjudicating the issue of penalty of Rs. 89,28,026/- made under section 27(1)(c) of the Income Tax Act, 1961.” P a g e | 3 ITA Nos. 6502, 6503, 6504 & 6505/Mum/2024 A.Ys. 2013-14 & 2014-15 Dhirendra Mohanlal Gupta 3. Since facts in all four

AMITABHA SANYAL,KOLKATA vs. ITO, WARD-58(4), KOLKATA, KOLKATA

In the result, the appeal of the assessee is partly allowed and the penalty levied is hereby deleted

ITA 359/KOL/2022[2011-2012]Status: DisposedITAT Kolkata05 Nov 2024AY 2011-2012

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishraassessment Years: 2011-12 Amitabha Sanyal, Income Tax Officer, 108B, Block-F, New Alipore, Ward – 58(4), Kolkata, Kolkata – 700053 Vs Aayakar Bhawan, (Pan: Aleps2352J) Bamboo Villa, 169, A.J.C. Bose Road, Kolkata - 700014 (Appellant) (Respondent)

For Appellant: Shri Amitabha Sanyal, AssesseeFor Respondent: Shri P.P. Barman, CIT, Sr. DR
Section 139(1)Section 148Section 250Section 254(2)Section 271Section 271(1)(c)Section 275

IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH KOLKATA BEFORE SHRI PRADIP KUMAR CHOUBEY, JUDICIAL MEMBER AND SHRI RAKESH MISHRA

DINESH SUNDERJI SHAH,MUMBAI vs. ASSESSING OFFICER, NFAC, DELHI

In the result both the appeals are allowed

ITA 275/MUM/2024[2018-19]Status: DisposedITAT Mumbai24 Jul 2024AY 2018-19

Bench: Shri Prashant Maharishi, Am & Shri Sunil Kumar Singh, Jm

For Appellant: Shri Ashok L. Sharma, CAFor Respondent: Smt. Mahita Nair, DR
Section 142(1)Section 143(3)Section 144BSection 56(2)Section 56(2)(X)

ITA Nos. 274 & 275/Mum/2024 Dinesh Sunderji Shah, A.Ys. 2012-13 & 2018-19 IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH

DINESH SUNDERJI SHAH,MUMBAI vs. ASSESSING OFFICER, WARD-15(1)(1), MUMBAI

In the result both the appeals are allowed

ITA 274/MUM/2024[2012-13]Status: DisposedITAT Mumbai24 Jul 2024AY 2012-13

Bench: Shri Prashant Maharishi, Am & Shri Sunil Kumar Singh, Jm

For Appellant: Shri Ashok L. Sharma, CAFor Respondent: Smt. Mahita Nair, DR
Section 142(1)Section 143(3)Section 144BSection 56(2)Section 56(2)(X)

ITA Nos. 274 & 275/Mum/2024 Dinesh Sunderji Shah, A.Ys. 2012-13 & 2018-19 IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH

K. S. VELUSAMY,CHENNAI vs. DCIT, CENTRAL CIRCLE 3(3), CHENNAI

Appeals stands partly allowed in terms of our above order

ITA 125/CHNY/2024[2012-13]Status: DisposedITAT Chennai10 Jul 2024AY 2012-13

Bench: Hon’Ble Shri Aby T. Varkey, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं./ Ita No.123/Chny/2024 (िनधा*रणवष* / Assessment Year: 2010-11) & 2. आयकर अपील सं./ Ita No.124/Chny/2024 (िनधा*रणवष* / Assessment Year: 2011-12) & 3. आयकर अपील सं./ Ita No.125/Chny/2024 (िनधा*रणवष* / Assessment Year: 2012-13) Shri K.S. Velusamy Dcit बनाम/ #41, Ayyasamy Street, Central Circle-3(3), Shanmugam Road,West Tambaram, Vs. Chennai. Chennai-600 045. "थायीलेखासं./जीआइआरसं./Pan/Gir No.Agupv-1436-G (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri R.Venkat Raman (Ca)-Ld.Ar " थ"कीओरसे/Respondent By : Shri P. Sajit Kumar(Jcit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 27-06-2024 घोषणाकीतारीख /Date Of Pronouncement : 10-07-2024 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri R.Venkat Raman (CA)-Ld.ARFor Respondent: Shri P. Sajit Kumar(JCIT) -Ld. DR
Section 143(3)Section 271(1)(c)

आयकर अपीलीय अिधकरण “सी” "ायपीठ चे"ई म"। IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, CHENNAI माननीय "ी एबी टी

K. S. VELUSAMY,CHENNAI vs. DCIT, CENTRAL CIRCLE 3(3), CHENNAI

Appeals stands partly allowed in terms of our above order

ITA 124/CHNY/2024[2011-12]Status: DisposedITAT Chennai10 Jul 2024AY 2011-12

Bench: Hon’Ble Shri Aby T. Varkey, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं./ Ita No.123/Chny/2024 (िनधा*रणवष* / Assessment Year: 2010-11) & 2. आयकर अपील सं./ Ita No.124/Chny/2024 (िनधा*रणवष* / Assessment Year: 2011-12) & 3. आयकर अपील सं./ Ita No.125/Chny/2024 (िनधा*रणवष* / Assessment Year: 2012-13) Shri K.S. Velusamy Dcit बनाम/ #41, Ayyasamy Street, Central Circle-3(3), Shanmugam Road,West Tambaram, Vs. Chennai. Chennai-600 045. "थायीलेखासं./जीआइआरसं./Pan/Gir No.Agupv-1436-G (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri R.Venkat Raman (Ca)-Ld.Ar " थ"कीओरसे/Respondent By : Shri P. Sajit Kumar(Jcit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 27-06-2024 घोषणाकीतारीख /Date Of Pronouncement : 10-07-2024 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri R.Venkat Raman (CA)-Ld.ARFor Respondent: Shri P. Sajit Kumar(JCIT) -Ld. DR
Section 143(3)Section 271(1)(c)

आयकर अपीलीय अिधकरण “सी” "ायपीठ चे"ई म"। IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, CHENNAI माननीय "ी एबी टी

K. S. VELUSAMY,CHENNNAI vs. DCIT, CENTRAL CIRCLE 3(3), CHENNAI

Appeals stands partly allowed in terms of our above order

ITA 123/CHNY/2024[2010-11]Status: DisposedITAT Chennai10 Jul 2024AY 2010-11

Bench: Hon’Ble Shri Aby T. Varkey, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं./ Ita No.123/Chny/2024 (िनधा*रणवष* / Assessment Year: 2010-11) & 2. आयकर अपील सं./ Ita No.124/Chny/2024 (िनधा*रणवष* / Assessment Year: 2011-12) & 3. आयकर अपील सं./ Ita No.125/Chny/2024 (िनधा*रणवष* / Assessment Year: 2012-13) Shri K.S. Velusamy Dcit बनाम/ #41, Ayyasamy Street, Central Circle-3(3), Shanmugam Road,West Tambaram, Vs. Chennai. Chennai-600 045. "थायीलेखासं./जीआइआरसं./Pan/Gir No.Agupv-1436-G (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri R.Venkat Raman (Ca)-Ld.Ar " थ"कीओरसे/Respondent By : Shri P. Sajit Kumar(Jcit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 27-06-2024 घोषणाकीतारीख /Date Of Pronouncement : 10-07-2024 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri R.Venkat Raman (CA)-Ld.ARFor Respondent: Shri P. Sajit Kumar(JCIT) -Ld. DR
Section 143(3)Section 271(1)(c)

आयकर अपीलीय अिधकरण “सी” "ायपीठ चे"ई म"। IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, CHENNAI माननीय "ी एबी टी

JEETENDRA CHANDRAKANT NAYAK,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOM TAX(OSD), NAGPUR

In the result, the appeal filed by the assessee is allowed

ITA 368/NAG/2023[2015-2016]Status: DisposedITAT Nagpur27 Jun 2024AY 2015-2016

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: Shri M.G.Moryani, AdvocateFor Respondent: Shri Rajat Singhai, Sr. DR
Section 143(3)Section 234ASection 250Section 54F

Rs.83,85,792/- has to be charged to tax which is added to the returned income of the assessee. Penalty proceedings under section 27(1)(c) of the Income Tax Act, 1961 for concealment of income by furnishing inaccurate particulars of income are hereby initiated.” 4. The appellant filed

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