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10 results for “penalty u/s 271”+ Section 32(1)clear

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Key Topics

Section 271(1)(c)18Section 271(1)8Section 2747Penalty7Addition to Income6Section 143(3)5Section 1474Section 693Section 253(3)3

BLM HOSPITALS PRIVATE LIMITED ,FARRUKHABAD vs. DCIT CIRCLE 4(2)(1), FARRUKHABAD

In the result, the appeal of the assessee is allowed

ITA 20/AGR/2023[2016-17]Status: DisposedITAT Agra05 Feb 2025AY 2016-17
For Appellant: \nShri Swaran Singh, CAFor Respondent: \nShri Shailendra Shrivastava, Sr. DR
Section 115JSection 143(3)Section 154Section 271(1)Section 271(1)(c)Section 274

u/s\n271(1)(c).\nTherefore it is held that penalty imposed under section 271(1)(c) amounting\nto Rs.11,32

Condonation of Delay3
Natural Justice3
Section 1442

TAHIR KHAN,JHANSI vs. INCOME TAX OFFICER-2(3)(1), JHANSI

In the result, assessee’s appeal is allowed

ITA 468/AGR/2025[2014-15]Status: DisposedITAT Agra15 Jan 2026AY 2014-15

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singhassessment Year: 2014-15

Section 143(3)Section 250Section 271(1)(c)Section 274Section 292BSection 56(2)(vii)

32,240/-, by making disallowance of Rs.39,779/- towards share purchase expenses, adhoc disallowance of various other expenses amounting to Rs.50,000/- and addition of Rs.97,31,000/- u/s. 56(2)(vii) of the Act. Based on the above additions, the Assessing Officer initiated penalty proceedings and imposed penalty of Rs.83,45,158/- u/s. 271(1

VECTUS INDUSTRIES LTD.,,GWALIOR vs. DCIT/ACIT 1(1) , GWALIOR

In the result, the appeal of the assessee is allowed

ITA 7/AGR/2023[2017-18]Status: DisposedITAT Agra06 Feb 2025AY 2017-18

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274

u/s 271(1)(c) of the Act. Accordingly, the Ground No. 4 raised by the assessee is allowed. Since the relief is granted based on Ground No. 4 itself, there is no need to separately adjudicate the other grounds raised by the assessee. 6. In the result, the appeal of the assessee is allowed. ITA No. 7/Ag/2023 – Asst Year

VECTUS INDUSTRIES LTD.,GWALIOR vs. DCIT/ACIT 1(1), GWALIOR

In the result, the appeal of the assessee is allowed

ITA 6/AGR/2023[2012-13]Status: DisposedITAT Agra06 Feb 2025AY 2012-13

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274

u/s 271(1)(c) of the Act. Accordingly, the Ground No. 4 raised by the assessee is allowed. Since the relief is granted based on Ground No. 4 itself, there is no need to separately adjudicate the other grounds raised by the assessee. 6. In the result, the appeal of the assessee is allowed. ITA No. 7/Ag/2023 – Asst Year

VECTUS INDUSTRIES LTD.,,GWALIOR vs. DCIT/ACIT 1(1), GWALIOR

In the result, the appeal of the assessee is allowed

ITA 8/AGR/2023[2018-19]Status: DisposedITAT Agra06 Feb 2025AY 2018-19

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274

u/s 271(1)(c) of the Act. Accordingly, the Ground No. 4 raised by the assessee is allowed. Since the relief is granted based on Ground No. 4 itself, there is no need to separately adjudicate the other grounds raised by the assessee. 6. In the result, the appeal of the assessee is allowed. ITA No. 7/Ag/2023 – Asst Year

CHANDRAPAL SINGH,MATHURA vs. INCOME TAX OFICER SHIVPURI, SHIVPURI

In the result, all the three appeals of the assessee are allowed for

ITA 114/AGR/2024[2016-17]Status: DisposedITAT Agra21 Jan 2025AY 2016-17

Bench: : Shri Ramit Kochar

Section 143(3)Section 253(3)Section 69

32,30,790/-(peak investment) made by the assessee for conducting business of share trading as the assessee did not produce any documents such as demat account, purchase-sale details, statement of affairs, broker statement of account etc, and the Assessing Officer brought the same to income-tax by adding the same to the income of the assessee, vide assessment

CHANDRAPAL SINGH,MATHURA vs. INCOME TAX OFFICER SHIVPURI, GWALIOR

In the result, all the three appeals of the assessee are allowed for

ITA 113/AGR/2024[2015-16]Status: DisposedITAT Agra21 Jan 2025AY 2015-16

Bench: : Shri Ramit Kochar

Section 143(3)Section 253(3)Section 69

32,30,790/-(peak investment) made by the assessee for conducting business of share trading as the assessee did not produce any documents such as demat account, purchase-sale details, statement of affairs, broker statement of account etc, and the Assessing Officer brought the same to income-tax by adding the same to the income of the assessee, vide assessment

CHANDRAPAL SINGH,MATHURA vs. INCOME TAX OFFICER SHIVPURI, SHIPURI

In the result, all the three appeals of the assessee are allowed for

ITA 115/AGR/2024[2015-16]Status: DisposedITAT Agra21 Jan 2025AY 2015-16

Bench: : Shri Ramit Kochar

Section 143(3)Section 253(3)Section 69

32,30,790/-(peak investment) made by the assessee for conducting business of share trading as the assessee did not produce any documents such as demat account, purchase-sale details, statement of affairs, broker statement of account etc, and the Assessing Officer brought the same to income-tax by adding the same to the income of the assessee, vide assessment

ARUM KUMAR SHARMA,FIROZABAD vs. INOCME TAX OFFICER, FIROZABAD

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

ITA 408/AGR/2024[2010-11]Status: DisposedITAT Agra07 Feb 2025AY 2010-11

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri Rajemndra Sharma, AdvFor Respondent: Shri Shailenddra Srivastava, Sr. DR
Section 144Section 147Section 271(1)Section 271(1)(c)

u/s 271(1)(c) dated 26.04.2018 by the Assessing Officer, ITO, Ward-2(2)(1), Firozabad (hereinafter referred to as ‘ld. AO’). Since these are quantum and penalty appeals for the same assessment year, they are taken up together and disposed of by this common order for the sake of convenience. 2. The only effective issue to be decided

ARUN KUMAR SHARMA,FIROZABAD vs. INCOME TAX OFFICER , FIROZABAD

In the result, both the appeals of the assessee are allowed for statistical\npurposes

ITA 407/AGR/2024[2010-11]Status: DisposedITAT Agra07 Feb 2025AY 2010-11
For Appellant: \nShri Rajemndra Sharma, AdvFor Respondent: \nShri Shailenddra Srivastava, Sr. DR
Section 144Section 147Section 271(1)Section 271(1)(c)

u/s 271(1)(c) dated\n26.04.2018 by the Assessing Officer, ITO, Ward-2(2)(1), Firozabad\n(hereinafter referred to as 'Id. AO'). Since these are quantum and penalty\nappeals for the same assessment year, they are taken up together and\ndisposed of by this common order for the sake of convenience.\n2.\nThe only effective issue to be decided