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3 results for “penalty u/s 271”+ Section 92Eclear

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Key Topics

Section 143(3)7Addition to Income3Section 144C(13)2Section 92C2Disallowance2

M/S. TBEA SHENYANG TRASFORMER GROUP COMPANY LIMITED,,VADODARA vs. THE DEPUTY COMMISSIONER OF INCOME TAX, INT. TAX.,, VADODARA

Appeal is dismissed

ITA 121/AHD/2018[2013-14]Status: DisposedITAT Ahmedabad07 Oct 2025AY 2013-14

Bench: S/Shri Sanjay Garg & Makarand V.Mahadeokarasstt.Year : 2013-2014 M/S.Tbea Shenyang Transformer Dcit, International Group Company Limited Vs. Taxation Tbea Green Energy Park Vadodara. National Highway No.8 Village : Miyagam Karjan Vadodara Pan : Aadct 4557 F (Applicant) (Responent) : Assessee By Ms.Amrin Pathan, Ar : Shri Mahesh Shah, Cit-Dr Revenue By सुनवाई क" तारीख/Date Of Hearing : 29/09/2025 घोषणा क" तारीख /Date Of Pronouncement: 07/10/2025 आदेश आदेश/O R D E R आदेश आदेश Per Makarand V.Mahadeokar, Am: This Appeal By The Assessee Arises From The Assessment Order Dated 07.11.2017 Passed By The Deputy Commissioner Of Income Tax, International Taxation, Vadodara [Hereinafter Referred To As “Assessing Officer Or Ao”], Under Section 143(3) Read With Section 144C(13) Of The Income Tax Act, 1961 For Assessment Year 2013-14 In Accordance With The Directions Of The Dispute Resolution Panel – 2, Mumbai [Hereinafter Referred To As “Drp”]

Section 142(1)Section 143(2)Section 143(3)Section 144C(13)Section 144C(2)Section 144C(5)Section 271(1)(c)
Section 92B
Section 92C
Section 92E

92E. The Assessing Officer has also separately recorded initiation of penalty proceedings under sections 271(1)(c), 271AA and 271BA. 2.5 The computation of income in the assessment order reads as under: (i) income or loss as per return at Rs. (-) 8,900/-, (ii) upward adjustment at Rs.9,09,30,132/-, and (iii) assessed total income at Rs.9

THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-2,, BHARUCH vs. M/S. HEUBACH COLOUR PVT. LTD.,, ANKLESHWAR

In the result, the appeal of the Revenue for assessment year 2010-11 is partly allowed for statistical purposes as indicated above

ITA 3367/AHD/2016[2009-10]Status: DisposedITAT Ahmedabad10 Apr 2024AY 2009-10

Bench: Shri Ramit Kochar & Ms. Suchitra Kamble

For Appellant: Sh. Milin Mehta, ARFor Respondent: Sh. Atul Pandey, Sr. D.R
Section 143(3)

92E relating to international transactions. The ld. CIT(A) observed that the TPO has examined this international transaction, and passed an order dated 14.12.2012 under section 5 AY:2009-10 AY:2010-11 Heubach Colour Private Limited 92CA(3) of the Act without any adjustment. Thus, the ld. CIT(A) observed that this fact clearly establishes that the payment

THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-2,, BHARUCH vs. M/S. HEUBACH COLOUR PVT. LTD.,, ANKLESHWAR

In the result, the appeal of the Revenue for assessment year 2010-11 is partly allowed for statistical purposes as indicated above

ITA 110/SRT/2017[2010-11]Status: DisposedITAT Ahmedabad10 Apr 2024AY 2010-11

Bench: Shri Ramit Kochar & Ms. Suchitra Kamble

For Appellant: Sh. Milin Mehta, ARFor Respondent: Sh. Atul Pandey, Sr. D.R
Section 143(3)

92E relating to international transactions. The ld. CIT(A) observed that the TPO has examined this international transaction, and passed an order dated 14.12.2012 under section 5 AY:2009-10 AY:2010-11 Heubach Colour Private Limited 92CA(3) of the Act without any adjustment. Thus, the ld. CIT(A) observed that this fact clearly establishes that the payment