Search: penalty u/s 271

2 results for “penalty u/s 271”+ Section 56(2)(viib)clear

Sorted by relevance

Delhi43 Mumbai24 Indore8 Pune7 Kolkata5 Raipur4 Chandigarh3 Ahmedabad2 Amritsar2 Hyderabad2 Jaipur2 Nagpur2 Cochin1 Bangalore1 SC1 Surat1 Visakhapatnam1

Key Topics

Section 35D2 Section 682 Disallowance2 Addition to Income2

JOINT COMMISSIONER OF INCOME TAX (OSD) CIRCLE-3, FEROZEPUR vs. MEASAGE OM SONS MARKETING PRIVATE LIMITED, FARIDKOT

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

ITA 407/ASR/2019[2015-16]Status: DisposedITAT Amritsar07 Jul 2023AY 2015-16

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

Section 143(3)Section 250(6)Section 37(1)Section 56(2)(viib)

section 56(2)(viib) of the Income Tax Act, 1961. Accordingly, the amount of Rs.3,38,60,465/- is added back to the returned income of the assessee. I am satisfied that the assessee has furnished inaccurate particulars of income. Penalty proceedings u/s 271

M/S. KING ENTERTAINMENT PRIVATE LIMITED,NAWANSHAHR vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - II, JALANDHAR

In the result, the appeal of the assessee is partly allowed