SH. JINDER PAL,AMRITSAR vs. INCOME TAX OFFICER, WARD - 4(2), AMRITSAR

Bench: Dr. M. L. Meena & Sh. Ravish Sood

TDS has been deducted thereon. The AO has also not considered the fact that the assessee has voluntarily revised the computation of income before the assessment was finalized and likewise CIT(A) is not justified while confirming the same. 5. That no penalty notice dated 10/03/2017 has been served upon the appellant and as such penalty imposed

M/S. SATIA INDUSTRIES LIMITED,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, BATHINDA

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

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

Section 139 (5) of the Act was filed before the Assessing Officer. We answer both the question Nos. 1 and 2 in negative and in favour of assessee”. Ground No. 3 9. Ground No. 3, not pressed. Ground Nos. 4 & 5 I.T.A. No.193/Asr/2022 32 Assessment Year: 2018-19 10. The ld. AR argued that the assessee paidcommission during financial year

SHRI SANTOKH SINGH ,AMRITSAR vs. INCOME TAX OFFICER WARD -2 (1), AMRITSAR

The appeals of the assessees are disposed of in the terms indicated as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

139(1) is not sufficient to warrant penalty provided under section 271F but it is imposable only when default continues even after end of relevant assessment year - Held, yes - Whether no penalty is imposable under section 271F on person or assessee for any failure referred to in section 271F if he proves that there was reasonable cause for said failure

SHRI SANTOKH SINGH ,AMRITSAR vs. INCOME TAX OFFICER WARD - 2 (1), AMRITSAR

The appeals of the assessees are disposed of in the terms indicated as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

139(1) is not sufficient to warrant penalty provided under section 271F but it is imposable only when default continues even after end of relevant assessment year - Held, yes - Whether no penalty is imposable under section 271F on person or assessee for any failure referred to in section 271F if he proves that there was reasonable cause for said failure

SHRI SANTOKH SINGH ,AMRITSAR vs. INCOME TAX OFFICER WARD- 2 (1), AMRITSAR

The appeals of the assessees are disposed of in the terms indicated as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

139(1) is not sufficient to warrant penalty provided under section 271F but it is imposable only when default continues even after end of relevant assessment year - Held, yes - Whether no penalty is imposable under section 271F on person or assessee for any failure referred to in section 271F if he proves that there was reasonable cause for said failure

SHRI SANTOKH SINGH ,AMRITSAR vs. INCOME TAX OFFICER WARD - 2 (1), AMRITSAR

The appeals of the assessees are disposed of in the terms indicated as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

139(1) is not sufficient to warrant penalty provided under section 271F but it is imposable only when default continues even after end of relevant assessment year - Held, yes - Whether no penalty is imposable under section 271F on person or assessee for any failure referred to in section 271F if he proves that there was reasonable cause for said failure

M/S MANAGING COMMITTEE SWAMI PREMANAND MAHAVIDALYA,HOSHIARPUR vs. COMMISSIONER OF INCOME TAX (EXEMPTION),, CHANDIGARH

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena

TDS provisions or not? . xv. Provide the copy of financial statements for the last three financial years i.e. from F.Y. 2013-14 t0 F.Y. 2015-16. xvi. The note on activities of the society. xvii.Taxability in the case along with full ITR with computation for A.Y. 2014-15 t0 2016-17. xviii. Explanation of the nature of various funds reflected

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

THE JAMMU AND KASHMIR BANK LIMITED,SRINAGAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

ASSISTANT COMMISIONER OF INCOME TAX , CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU, SRINAGAR vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

ASSISTANT COMMISSIONER OF INCOME -TAX , CIRCLE -1,, JAMMU vs. THE JAMMU & KASHMIR BANK LTD.,, SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

TDS by relying on the Hon’ble ITAT Kolkata-B Bench in case of DCIT Circle-33 Vs. M/s S.K. Teriwal and ignoring the jurisdictional ITAT, Amritsar Order dated 02.02.2017 in ITA No. 74 ad 137 (Asr)/2015 for the A. Y. 2010.11 and 2011-12 in case of this assessee. 10.1. The observation of CIT(A) in page

SPARROW SECURITY SERVICES ,JAMMU vs. INCOME TAX OFFICER WARD 1(1), JAMMU

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

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

4 Assessment Year: 2018-19 stating that each assessment year is distinct since apart from the yearly amendments, the income tax act does not discriminate between different assessment years and the decision in one assessment is applied consistently to another assessment year. 7. That the appellant craves leave to add or amend the grounds of appeal before the appeal

SMT. SATYAWATI MARWAHA THROUGH LEGAL HEIR SH, CHANDER SHEIKHAR MARWAHA,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

In the result, the appeal for Asstt

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

TDS benefit to be given did not lead to escapement of income Mere fact that matters need to be verified and examined further could never be reason good enough to believe that income had escaped assessment and re- open assessment proceedings was bad in law-Assessee's Appeals allowed. b. Commissioner of Income Tax v/s Batra Bhatta Company, High Court

SMT. SATYAWATI MARWAHA THROUGH LEGAL HEIR SH. CHANDER SHEIKHAR MARWAHA,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

In the result, the appeal for Asstt

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

TDS benefit to be given did not lead to escapement of income Mere fact that matters need to be verified and examined further could never be reason good enough to believe that income had escaped assessment and re- open assessment proceedings was bad in law-Assessee's Appeals allowed. b. Commissioner of Income Tax v/s Batra Bhatta Company, High Court

SMT. SATVIR KAUR W/O SH. SHINDER SINGH,FEROZEPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, AMRITSAR

In the result, the appeal of the assessee is allowed

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

139(1) of the Act. 3. That the proposal for revision of assessment, order dated 26.12.2018 was submitted by the erstwhile Income Tax Officer, Ward 3 I.T.A. No. 102/Asr/2022 Satvir Kaur v. Pr. CIT 3(5), Zira through the erstwhile Additional Commissioner of Income Tax. Range 3, Ferozepur. On perusal of the proposal and the assessment record

SMT. BHARTI SINGH,AMRITSAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-3, AMRITSAR

Appeals of the appellant are disposed of in the terms indicated as above

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

139(1) per Return dtd. 30-09-13 (3) u/s 148 (1) (2) (4) (3-4) Receipts 16192750 16141750 51000 1 Bharti Singh v. Asstt.CIT 7. That the Ld. AO accepted the return u/s 148 as it is, as filed, for A.Y 2014- 15 and 2016-17 i.e; without making any addition, though the case was reopened on the same