VIJAYBHAI DASHRATHBHAI PATEL,,AHMEDABAD vs. THE ACIT, CIRCLE-7(1),, AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Us: -

section 271(1)(c), the Revenue has to establish that there was no reasonable cause for failure to furnish return of income by the assessee. In the instant set of facts, assessee during the year is in receipt of interest income on which the TDS

THE ITO, WARD-3(1)(1),, AHMEDABAD vs. M/S. NASCENT INFO TECHNOLOGIES PVT. LTD.,, AHMEDABAD

In the result the appeal of the Revenue is dismissed

Bench: Shri Waseem Ahmed & M/S. Madhumita Royआयकर अपील सं./I.T.A. No. 2828/Ahd/2016 ("नधा"रण वष" / Assessment Year : 2012-13) बनाम/ Ito M/S. Nascent Info Technologies Pvt. Ltd. Ward-3(1)(1), Vs. A-805, Sapath-Iv, Opp. Ahmedabad Karnavati Club, Ahmedabad- 380054 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aac Cn3 670 J (अपीलाथ" /Appellant) .. (""यथ" / Respondent) अपीलाथ" ओर से /Appellant By : Santosh Karnani, Sr. Dr ""यथ" क" ओर से / Respondent By: Mehul K. Patel, Ar सुनवाई क" तार"ख / Date Of Hearing 13/02/2019 घोषणा क" तार"ख /Date Of Pronouncement 27/03/2019 आदेश/O R D E R Per Waseem Ahmed - Am:

TDS in respect of security charges. 16.1 The provisions of section 271(1)(c) of the Act states that the penalty

AXIS BANK LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Ms. Suchitra Raghunath Kamble & Shri Narendra Prasad Sinha

271(1)(c) of the Act. Our findings and decision: 12. We have carefully considered the rival submissions. The basic facts of the case are not under dispute. The assessee had claimed additional deduction of Rs.93.04 crores on account of change in the method of claiming the lease rental expense on SLM basis. It is found that this fact

AXIS BANK LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Ms. Suchitra Raghunath Kamble & Shri Narendra Prasad Sinha

271(1)(c) of the Act. Our findings and decision: 12. We have carefully considered the rival submissions. The basic facts of the case are not under dispute. The assessee had claimed additional deduction of Rs.93.04 crores on account of change in the method of claiming the lease rental expense on SLM basis. It is found that this fact

AXIS BANK LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Ms. Suchitra Raghunath Kamble & Shri Narendra Prasad Sinha

271(1)(c) of the Act. Our findings and decision: 12. We have carefully considered the rival submissions. The basic facts of the case are not under dispute. The assessee had claimed additional deduction of Rs.93.04 crores on account of change in the method of claiming the lease rental expense on SLM basis. It is found that this fact

AXIS BANK LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Ms. Suchitra Raghunath Kamble & Shri Narendra Prasad Sinha

271(1)(c) of the Act. Our findings and decision: 12. We have carefully considered the rival submissions. The basic facts of the case are not under dispute. The assessee had claimed additional deduction of Rs.93.04 crores on account of change in the method of claiming the lease rental expense on SLM basis. It is found that this fact

AXIS BANK LIMITED,AHMEDABAD vs. THE ACIT, CIRCLE-1(1)(1), AHMEDABAD

In the result, the appeal of the assessee is partly allowed

Bench: Ms. Suchitra Raghunath Kamble & Shri Narendra Prasad Sinha

271(1)(c) of the Act. Our findings and decision: 12. We have carefully considered the rival submissions. The basic facts of the case are not under dispute. The assessee had claimed additional deduction of Rs.93.04 crores on account of change in the method of claiming the lease rental expense on SLM basis. It is found that this fact

ARROW DIGITAL PVT. LTD.,,AHMEDABAD vs. THE DCIT, CIRCLE-1(1)(1),, AHMEDABAD

In the result the appeal filed by the assessee is allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 1568/Ahd/2018 "नधा"रण वष"/Asstt. Year: 2012-2013 Arrow Digital Pvt. Ltd., D.C.I.T, 1005-06, 10Th Floor, Vs. Cirle-1(1)(1) Aditya Complex, Ahmedabad. C.G. Road, Ahmedabad-38006. Pan: Aaeca2215J

TDS and deposits the same to the income tax Asstt. Year 2012-13 7 Department. In view of the above, we hold that the assessee has not furnished any inaccurate particular of income deliberately. Accordingly he cannot be visited with the penalty under section 271(1)(c

THE ITO, WARD-9(4),, AHMEDABAD vs. SHRI ATUL S. MEHTA,, AHMEDABAD

In the result, the appeal of the revenue is dismissed

TDS payment. It is therefore, in my view the satisfaction of furnishing inaccurate particulars cannot be drawn for such genuine and allowable transactions for which all the details were reflected and submitted. The A.O in a mechanical way after the addition being confirmed applied explanation 1 to section 271(1)(c

THE DCIT, CENTRAL CIRCLE-2(1),, AHMEDABAD vs. INTAS PHARMACEUTICALS LTD.,, AHMEDABAD

In the result, the appeal of the Revenue is allowed

TDS (column 7 of Schedle-TDS2) 11b TAXES PAID c TCS (column 7 of schedule-TCS 11c d Self Assessment Tax (from Schedule-IT) 11d e Total Taxes Paid (10a+10b+10c+10d) 10e 11 Amount payable (Enter if 9 is greater than 10e, else enter 0) 11 12 Refund (If 10e is greater than 9, also

UNIWORLD EDUTECH PVT. LTD,AHMEDABAD vs. THE DCIT, CIRCLE-4(1)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Mahavir Prasad & Shri Waseem Ahmedआयकर अपील सं./Ita No. 1142/Ahd/2019 िनधा"रण वष"/Asstt. Years: 2011-12 Uniworld Edutech Pvt. Ltd., D.C.I.T., 605, Samedh Complex, Vs. Circle-4(1)(1), Near Associates Petrol Pump, Ahmedabad. C.G. Road, Ahmedabad-380006. Pan: Aabcu0357N

TDS certificate. Further, the AO held the same as an act of furnishing inaccurate particular of income and levied the penalty of Rs. 1,45,456/- being 100% of the amount of tax sought to be evaded under the provisions of explanation 1 to section 271(1)(c

DCIT, CENTRAL CIRCLE-1(4), AHMEDABAD vs. M/S. KGN INDUSTRIES LTD, AHMEDABAD

In the result, appeal field by the Revenue is allowed

271(1)(c) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year (A.Y) 2010-11. I.T.A No. 9/Ahd/2019 A.Y. 2010-11 Page No 2 DCIT vs. M/s. KGN Industries Ltd. 2. The brief facts of the case is that the assessee is a Limited Company engaged in Trading in Agro – Commodities

THE ACIT, CIRCLE-2(1)(1), AHMEDABAD vs. M/S. INTAS PHARMACEUTICALS LTD., AHMEDABAD

Accordingly, this ground raised by the Revenue is dismissed

Bench: S/Shri T.R. Senthil Kumar & Makarand V.Mahadeokarasstt.Year : 2015-16 Acit, Cir.2(1)(1) M/S.Intas Pharmaceuticals Ltd Vejalpur Vs Corporate House Ahmedabad. S.G. Highway Nr.Sola Bridge, Thaltej Ahmedabad 380 054. Pan : Aaaci 5120 L Asstt.Year : 2015-16 M/S.Intas Pharmaceuticals Ltd Acit, Cir.2(1)(1) Corporate House Vs Vejalpur S.G. Highway Ahmedabad. Nr.Sola Bridge, Thaltej Ahmedabad 380 054. Pan : Aaaci 5120 L (Applicant) (Responent) : Assessee By Shri S.N. Soparkar, Sr.Advocae & Shri Parin Shah, Ar : Shri Ragnesh Das, Cit-Dr Revenue By सुनवाई क" तारीख/Date Of Hearing : 28/04/2025 घोषणा क" तारीख /Date Of Pronouncement: 21/05/2025 आदेश आदेश/O R D E R आदेश आदेश

271(1)(c) of the Act. Having considered the record, we find that both the assessment order and the appellate order are reasoned and speak to the issues raised by the assessee. No specific instance has been pointed out to demonstrate any material submission having been overlooked. As regards Ground No. 4, it is well settled that initiation of penalty

INTAS PHARMACEUTICALS LTD.,AHMEDABAD vs. THE DCIT, CIRCLE-2(1)(1), AHMEDABAD

Accordingly, this ground raised by the Revenue is dismissed

Bench: S/Shri T.R. Senthil Kumar & Makarand V.Mahadeokarasstt.Year : 2015-16 Acit, Cir.2(1)(1) M/S.Intas Pharmaceuticals Ltd Vejalpur Vs Corporate House Ahmedabad. S.G. Highway Nr.Sola Bridge, Thaltej Ahmedabad 380 054. Pan : Aaaci 5120 L Asstt.Year : 2015-16 M/S.Intas Pharmaceuticals Ltd Acit, Cir.2(1)(1) Corporate House Vs Vejalpur S.G. Highway Ahmedabad. Nr.Sola Bridge, Thaltej Ahmedabad 380 054. Pan : Aaaci 5120 L (Applicant) (Responent) : Assessee By Shri S.N. Soparkar, Sr.Advocae & Shri Parin Shah, Ar : Shri Ragnesh Das, Cit-Dr Revenue By सुनवाई क" तारीख/Date Of Hearing : 28/04/2025 घोषणा क" तारीख /Date Of Pronouncement: 21/05/2025 आदेश आदेश/O R D E R आदेश आदेश

271(1)(c) of the Act. Having considered the record, we find that both the assessment order and the appellate order are reasoned and speak to the issues raised by the assessee. No specific instance has been pointed out to demonstrate any material submission having been overlooked. As regards Ground No. 4, it is well settled that initiation of penalty

SHRI AMRUTBHAI JAGMALBHAI DESAI,,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-7(1),, AHMEDABAD

In the result, appeal of the assessee is dismissed

Bench: Shri Rajpal Yadavasstt. Year : 2009-2010 Amrutbhai Jagmalbhai Desai Ito, Ward-7(1) Ahmedabad. 146/17/18, Chinubhainagar Bus Stand Vs. Singarwa Road Kathwada Ahmedabad 382 430. (Applicant) (Responent) Assessee By : None – Written Submissions Revenue By : Ms.Sonia Kumar, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 11/10/2017 घोषणा क" तार"ख /Date Of Pronouncement: 04/12/2017 आदेश/O R D E R

271(1)(c) of the Income Tax Act, 1961. 3. None appeared on behalf of the assessee, however, filed written submissions. Therefore, we proceed to dispose of appeal of the assessee, after hearing the ld.DR and considering material available. 4. Brief facts of the case are that assessee has filed his return of income on 27.10.2010 declaring total income

SHRI BHAVESHBHAI N. PATEL,,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-9(2),, AHMEDABAD

In the result the appeal of the assessee is allowed

Bench: Ld. Cit (A) & Agreed To The Addition Made By The Ao On Account Of Stcg For Rs. 41,39,180.00. Accordingly The Same Was Confirmed By The Learned Cit (A).

section 271(1)(c) of the Act. The AO in support of his decision also relied on the judgment of Hon’ble Supreme Court in the case of union of India versus Dharmendra textiles processors reported in 306 ITR 277. 12.5 Similarly, the learned CIT (A) confirmed the order of the AO after placing reliance on the judgment

SHELL INTERNATIONAL B.V., ,AHMEDABAD vs. THE ACIT, INTL. TAXN.-1, AHMEDABAD

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

271(1)(c) of the Act against the Appellant. The Appellant reserves the right to add, amend, alter or vary all or any of the above grounds of appeal as they or their representative may think fit.” Ground number 1: taxability of HR Shall People Support as royalty: 5. During the impugned year under consideration, the assessee had provided

M/S. SHELL INTERNATIONAL B.V.,,MUMBAI vs. THE DY. CIT, INTL. TAXN.-1,, AHMEDABAD

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

271(1)(c) of the Act against the Appellant. The Appellant reserves the right to add, amend, alter or vary all or any of the above grounds of appeal as they or their representative may think fit.” Ground number 1: taxability of HR Shall People Support as royalty: 5. During the impugned year under consideration, the assessee had provided