M/S. SRI. MUTHU CINE SERVICE,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BANGALORE

In the result, all these appeals filed by the assessee are allowed

TDS) v.\nIKEA Trading Hong Kong Ltd., [2011] 333 ITR 565 (Del) to urge that it is the\ndate of issuance of the Show Cause Notice (‘SCN') that would be the relevant\nstarting point. Accordingly he submits that the date of issuance of the SCN by\nthe ACIT being 28 August, 2012, limitation would expire on 28 February,\n2013. Therefore

M/S. SRI. MUTHU CINE SERVICE,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BENGALURU

In the result, all these appeals filed by the assessee are allowed

TDS) v.\nIKEA Trading Hong Kong Ltd., [2011] 333 ITR 565 (Del) to urge that it is the\ndate of issuance of the Show Cause Notice (‘SCN') that would be the relevant\nstarting point. Accordingly he submits that the date of issuance of the SCN by\nthe ACIT being 28 August, 2012, limitation would expire on 28 February,\n2013. Therefore

M/S. SRI. MUTHU CINE SERVICE,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BANGALORE

In the result, all these appeals filed by the assessee are allowed

TDS) v.\nIKEA Trading Hong Kong Ltd., [2011] 333 ITR 565 (Del) to urge that it is the\ndate of issuance of the Show Cause Notice (‘SCN') that would be the relevant\nstarting point. Accordingly he submits that the date of issuance of the SCN by\nthe ACIT being 28 August, 2012, limitation would expire on 28 February,\n2013. Therefore

M/S. SRI. MUTHU CINE SERVICE,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BENGALURU

In the result, all these appeals filed by the assessee are allowed

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

TDS) v. IKEA Trading Hong Kong Ltd., [2011] 333 ITR 565 (Del) to urge that it is the date of issuance of the Show Cause Notice (‘SCN’) that would be the relevant starting point. Accordingly he submits that the date of issuance of the SCN by the ACIT being 28 August, 2012, limitation would expire on 28 February, 2013. Therefore

M/S. SRI. MUTHU CINE SERVICE,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -2(1), BENGALURU

In the result, all these appeals filed by the assessee are allowed

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

TDS) v. IKEA Trading Hong Kong Ltd., [2011] 333 ITR 565 (Del) to urge that it is the date of issuance of the Show Cause Notice (‘SCN’) that would be the relevant starting point. Accordingly he submits that the date of issuance of the SCN by the ACIT being 28 August, 2012, limitation would expire on 28 February, 2013. Therefore

M/S SHA THANMAL SUKHARAJJI & CO,RANEBENNURU vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX TDS RANGE , RANEBENNURU

In the result, appeals by the Assessee are allowed

Bench: Shri N.V. Vasudevan & Shri A K Garodia

Section 269T of the Act, there was no need for the appeal against the said order in the quantum proceedings to be disposed of before the penalty proceedings could be initiated. In other words, the initiation of penalty proceedings did not hinge on the completion of the appellate quantum proceedings and therefore clause (c) of Sec.275(1) would govern

M/S SHA THANMAL SUKHARAJJI & CO,RANEBENNUR vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX TDS RANGE , HUBBALI

In the result, appeals by the Assessee are allowed

Bench: Shri N.V. Vasudevan & Shri A K Garodia

Section 269T of the Act, there was no need for the appeal against the said order in the quantum proceedings to be disposed of before the penalty proceedings could be initiated. In other words, the initiation of penalty proceedings did not hinge on the completion of the appellate quantum proceedings and therefore clause (c) of Sec.275(1) would govern

M/S SHA THANMAL SUKHARAJJI & CO,RANEBENNURU vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX TDS RANGE , HUBLI

In the result, appeals by the Assessee are allowed

Bench: Shri N.V. Vasudevan & Shri A K Garodia

Section 269T of the Act, there was no need for the appeal against the said order in the quantum proceedings to be disposed of before the penalty proceedings could be initiated. In other words, the initiation of penalty proceedings did not hinge on the completion of the appellate quantum proceedings and therefore clause (c) of Sec.275(1) would govern

SMT SAVITA S GONGADSHETT ,BAGALKOT vs. THE JOINT COMMISSIONER OF INCOME TAX VIJAYAPUR RANGE , VIJAYAPUR

In the result, the appeal filed by the assessee is allowed

Bench: Shri B.R.Baskaran & Shri Pavan Kumar Gadaleita No.116(Bang)/2019 (Assessment Year : 2014-15) Smt.Savita S Gangadshetti, Gorbal Naka, At Ilkal, Tal. Hungund, Bagalkot Dist. Pan No.Aclpg6870B Appellant Vs The Joint Commissioner Of Income Tax, Vijayapur Range, Vijayapur. Respondent Appellant By : Shri B.S.Balachandran, Advocate Revenue By : Shri M. Vijaykumar, Addl.Cit

269T shall attract penalty provisions of sec. 271D & 271E of the Act. Accordingly, he levied penalty of Rs.12.50 lakhs each both u/s 271D & u/s 271E of the IT Act, 1961. 3. The ld.CIT(A) agreed with the view of Ld JCIT that these are loan transactions only. The Ld CIT(A) deleted the penalty levied u/s 271D