Search: penalty u/s 271

1 result for “penalty u/s 271”+ Section 36(1)(viia)clear

Sorted by relevance

Mumbai77 Delhi20 Pune17 Indore13 Jaipur9 Nagpur9 Kolkata4 Rajkot2 Bangalore2 Chandigarh2 Chennai1 Amritsar1 Ahmedabad1

Key Topics

Section 362

THE HOSHIARPUR CENTRAL COPREATIVE -BANK,HOSHIARPUR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE HOSHIARPUR, HOSHIARPUR

In the result, ground no. 1 of the assessee has not pressed, ground no-3 is

ITA 625/ASR/2019[2016-17]Status: DisposedITAT Amritsar25 Aug 2022AY 2016-17

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

Section 143(3)Section 250(6)Section 36Section 36(1)(vii)Section 40a

Penalty proceedings u/s 271(1)(c) of the Act are being initiated separately for furnishing inaccurate particulars of income. (Addition made Rs.64,29,240/-)” I.T.A. No. 625/Asr/2019 5 6.1. We have observed that there was two effective issues in this appeal. The first issue concern itself with allowability of deduction u/s 36(1)(viia) of the Act. Under the second