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2 results for “penalty u/s 271”+ Section 801Bclear

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Mumbai33Delhi12Pune9Chennai4Jaipur2Hyderabad2Ahmedabad2Lucknow1Kolkata1Indore1

Key Topics

Section 80I5Section 2714Section 801B2Deduction2Disallowance2

P.CHHOTALAL MANUFACTURERS & EXPORTE,R,AHMEDABAD vs. THE DY.CIT.,CIRCLE-10,, AHMEDABAD

In the result, appeal filed by the Assessee is allowed

ITA 711/AHD/2015[2008-09]Status: DisposedITAT Ahmedabad01 Feb 2019AY 2008-09

Bench: Shri Pramod Kumar & Shri Mahavir Prasad)

For Appellant: Shri S.N. Mashruwala, ARFor Respondent: Shri Mudit Nagpal, Sr. D.R
Section 2Section 271Section 271(1)(c)Section 274Section 80Section 801B

section 801B. But the explanation offered was rejected, there would arisen no 4 . A.Y. 2008-09 presumption of concealment of the particulars of income that was added or disallowed. 7. Therefore, we object to your proposal to levy the penalty u/s. 271

SUN PHARMACEUTICAL INDUSTRIES,MUMBAI vs. JCIT 20(3), MUMBAI

In the result appeal of the Revenue is hereby dismissed

ITA 3507/MUM/2016[2011-12]Status: DisposedITAT Ahmedabad24 Aug 2022AY 2011-12

Bench: Shri Mahavir Prasad & Shri Waseem Ahmed

For Appellant: Shri S.N. Soparkar, Sr. AdvocateFor Respondent: Shri Mohd Usman, CIT-DR
Section 80I

u/s 80IE(6) r.w.s. 80IA(10) in respect of alleged price difference Rs.1,25,288/- on purchase from Sun Pharmaceutical Industries Limited (SPIL) On the facts and in the circumstances of the case and in law, the Learned CIT (A) erred m upholding the invoking of the provisions of S.80IE(6) r.w.s. 80IA(10) and thereby upholding the disallowance