INFOANALYTICA CONSULTING PRIVATE LIMITED,AHMEDABAD vs. THE DY. CIT, CIRCLE-2(1)(1), AHMEDABAD

In the result, the penalty u/s

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

disallowance made by the AO provision of section 270A(9)(a) or 270A(a)(c) of the Act are not attracted

ISHIT KAMLESHBHAI SHETH,AHMEDABAD vs. THE ITO, WARD-5(3)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed

disallowance. The omission to file the return\nunder section 139(1), though not condonable, does not constitute\nunder-reporting or misreporting in the statutory sense. The Assessing\nOfficer, in the facts of this case, ought to have exercised his discretion\nunder section 270A

SHREE SWATI TEXDYES PVT. LTD.,AHMEDABAD vs. THE DY. CIT, CIRCLE-4(1)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

disallowance during assessment. The ITAT held that since there was no concealment or misreporting and the assessee had even withdrawn the claim of cess deduction before completion of assessment and applied for immunity under section 270AA, penalty for under-reporting and misreporting under section 270A

THE ACIT, CIRCLE-1(1)(1), VADODARA vs. GUJARAT URJA VIKAS NIGAM LIMITED, VADODARA

In the result, the appeal of the assessee is allowed for statistical purposes and the appeal filed by the Revenue is partly allowed for statistical purposes

Bench: Smt. Annapurna Gupta & Ms. Madhumita Roy

disallowance under section 14A of the Act computed as per the directions comes out to be lesser than the dividend income, then such dividend income shall be treated as taxable income. 2.0 The learned Commissioner of Income Tax (Appeals) erred in law and on facts has dismissed the ground relating to the initiation of penalty proceedings under section 270A

GUJARAT URJA VIKAS NIGAM LIMITED,VADODARA vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), VADODARA

In the result, the appeal of the assessee is allowed for statistical purposes and the appeal filed by the Revenue is partly allowed for statistical purposes

Bench: Smt. Annapurna Gupta & Ms. Madhumita Roy

disallowance under section 14A of the Act computed as per the directions comes out to be lesser than the dividend income, then such dividend income shall be treated as taxable income. 2.0 The learned Commissioner of Income Tax (Appeals) erred in law and on facts has dismissed the ground relating to the initiation of penalty proceedings under section 270A

NARAYANBHAI SHIVABHAI PATEL,MEHSANA vs. THE ITO, WARD-1, MEHSANA

In the result, the appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinhaassessment Year: 2020-21

270A. (6) The under-reported income, for the purposes of this section, shall not include the following, namely: — Narayanbhai Shivabhai Patel vs. ITO Page 5 of 7 (a) the amount of income in respect of which the assessee offers an explanation and the Assessing Officer or 95[the Joint Commissioner (Appeals) or] the Commissioner (Appeals) or the Commissioner

KOSHAMBH MULTITRED PRIVATE LIMITED,VADODARA vs. THE DY.CIT, CIRCLE-1(1)(1), VADODARA

In the result, the appeal of the assessee is allowed

Bench: Smt. Annapurna Gupta & Shri T.R. Senthil Kumar

disallowance of the same and accordingly, Koshambh Multitred Pvt. Ltd. vs. DCIT Asst.Year –2020-21 the impugned sum was added to the returned income of the assessee. Thereafter, penalty proceedings for misreporting of income were initiated in terms of section 270A

THE AHMEDABAD DISTRICT CO.OP. BANK LTD.,AHMEDABAD vs. THE DY. CIT, CIRCLE-2(1)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed

disallowance of a bona fide claim.\n6. 2. Alternatively, it was submitted that the penalty levied by the Assessing\nOfficer @ 200% was not sustainable in view of section 270A

GUJARAT ENERGY DEVELOPMENT AGENCY,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeal of the assessee in ITA No

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha

270A of the Act, respectively. ITA Nos.1179 & 1180/Ahd/2025 (Assessment Year: 2017-18 (for both)) Gujarat Energy Development Agency vs. DCIT Page 2 of 13 2. As the two appeals pertain to the same A.Y., both the matters were heard together and are being adjudicated vide this common order for the sake of convenience. We will first take up the appeal

GUJARAT ENERGY DEVELOPMENT AGENCY,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeal of the assessee in ITA No

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha

270A of the Act, respectively. ITA Nos.1179 & 1180/Ahd/2025 (Assessment Year: 2017-18 (for both)) Gujarat Energy Development Agency vs. DCIT Page 2 of 13 2. As the two appeals pertain to the same A.Y., both the matters were heard together and are being adjudicated vide this common order for the sake of convenience. We will first take up the appeal

PARULBEN VIJAYKUMAR PATEL,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(3)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

disallowance; (d) the amount of under-reported income represented by any addition made in conformity with the arm's length price determined by the Transfer Pricing Officer, where the assessee had maintained information and documents as prescribed under section 92D, declared the international transaction under Chapter X, and, disclosed all the material facts relating to the transaction

THE JT.CIT, (OSD)CIRCLE-1(1)(1), VADODARA vs. GUJARAT URJA VIKAS NIGAM LTD., VADODARA

In the result, the appeal filed by the Revenue in ITA No

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

disallowance under section 14A to the extent of dividend income of the Company. The learned Commissioner (Appeals) has thus failed to take any cognizance whatsoever of the order already on record. 2.0 The learned Commissioner of Income Tax (Appeals) erred in law and on facts has dismissed the ground relating to the initiation of penalty proceedings under section 270A

GUJARAT URJA VIKAS NIGAM LTD.,VADODARA vs. THE DY.CIT, CIRCLE-1(1)(1), VADODARA

In the result, the appeal filed by the Revenue in ITA No

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

disallowance under section 14A to the extent of dividend income of the Company. The learned Commissioner (Appeals) has thus failed to take any cognizance whatsoever of the order already on record. 2.0 The learned Commissioner of Income Tax (Appeals) erred in law and on facts has dismissed the ground relating to the initiation of penalty proceedings under section 270A

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 1(1)(1), VADODARA vs. GUJARAT URJA VIKAS NIGAM LIMITED, VADODARA

In the result, the appeal filed by the Revenue in ITA No

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

disallowance under section 14A to the extent of dividend income of the Company. The learned Commissioner (Appeals) has thus failed to take any cognizance whatsoever of the order already on record. 2.0 The learned Commissioner of Income Tax (Appeals) erred in law and on facts has dismissed the ground relating to the initiation of penalty proceedings under section 270A

GUJARAT URJA VIKAS NIGAM LTD.,VADODARA vs. THE ACIT, CIRCLE-1(1)(1), VADODARA

In the result, the appeal filed by the Revenue in ITA No

Bench: Shri Ramit Kochar (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

disallowance under section 14A to the extent of dividend income of the Company. The learned Commissioner (Appeals) has thus failed to take any cognizance whatsoever of the order already on record. 2.0 The learned Commissioner of Income Tax (Appeals) erred in law and on facts has dismissed the ground relating to the initiation of penalty proceedings under section 270A

M/S. MONO STEEL (INDIA) LTD.,MUMBAI vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), AHMEDABAD

In the result, the appeal of the assessee is allowed for statistical\npurposes

disallowed and added to the total income of\nthe assessee. The Assessing Officer also initiated proceedings under Section\n270A of the Act. While passing the order under Section 270A

R. K. INDUSTRIES UNIT- II LLP,BHAVNAGAR vs. THE ACIT, CIRCLE-1, BHAVNAGAR

In the result, the appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Makarand V. Mahadeokarasstt. Year: 2016-17 R.K. Industries Unit- Ii Llp Assistant 3Rd Floor Shree Ram House, Vs. Commissioner Of Khergada Street, Khargate, Income Tax, Circle-1, Bhavnagar – 364 001 Bhavnagar – 364 002 Pan: Aadfr 4127 N (Applicant) (Responent) : Shri Hiren Trivedi, Ar Assessee By : Revenue By Shri Santosh Kumar, Sr. Dr

disallowance of Rs. 2,88,13,592/- under section 36(1)(iii). The levy of interest under sections 234A, 234B, 234C and 234D and initiation of penalty under section 270A

ERIS LIFESCIENCES LIMITED,AHMEDABAD vs. NFAC, DELHI (PRESENT JURISDICTION- THE DY. CIT, CIRCLE-2(1)(1)), AHMEDABAD

In the result, for assessment year 2022-23, the appeal of the Department is partly allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

disallowance to book profit under section 115JB, relying on Explanation 1(f), and completed assessment by computing MAT income at ₹318.57 crore, which was higher than income under normal provisions. Penalty proceedings under section 270A