SHRI RAJESH AJJAVARA ,BANGALORE vs. INCOME TAX OFFICER WARD-5(3)(1), BANGALORE

In the result, the appeal filed by the assessee in ITA

Bench: Shri N.V. Vasudevan & Shri D.S. Sunder Singh

271 of the Income Tax Act, 1961 ("the Act"). The AO issued the show cause notice dated 16.10 2017 for the AYs. 2012-13 to 2015-16 directing the assessee to explain as to why the penalty should not be levied for non furnishing of the returns as required under section 139(1) of the Act. In response to which

SHRI RAJESH AJJAVARA ,BANGALORE vs. INCOME TAX OFFICER WARD-5(3)(1), BANGALORE

In the result, the appeal filed by the assessee in ITA

Bench: Shri N.V. Vasudevan & Shri D.S. Sunder Singh

271 of the Income Tax Act, 1961 ("the Act"). The AO issued the show cause notice dated 16.10 2017 for the AYs. 2012-13 to 2015-16 directing the assessee to explain as to why the penalty should not be levied for non furnishing of the returns as required under section 139(1) of the Act. In response to which

SHRI RAJESH AJJAVARA ,BANGALORE vs. INCOME TAX OFFICER WARD-5(3)(1), BANGALORE

In the result, the appeal filed by the assessee in ITA

Bench: Shri N.V. Vasudevan & Shri D.S. Sunder Singh

271 of the Income Tax Act, 1961 ("the Act"). The AO issued the show cause notice dated 16.10 2017 for the AYs. 2012-13 to 2015-16 directing the assessee to explain as to why the penalty should not be levied for non furnishing of the returns as required under section 139(1) of the Act. In response to which

SHRI RAJESH AJJAVARA ,BANGALORE vs. INCOME TAX OFFICER WARD-5(3)(1), BANGALORE

In the result, the appeal filed by the assessee in ITA

Bench: Shri N.V. Vasudevan & Shri D.S. Sunder Singh

271 of the Income Tax Act, 1961 ("the Act"). The AO issued the show cause notice dated 16.10 2017 for the AYs. 2012-13 to 2015-16 directing the assessee to explain as to why the penalty should not be levied for non furnishing of the returns as required under section 139(1) of the Act. In response to which

M/S. SREE MINERALS,BELLARY vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, BELLARY

In the result, the appeal filed by the assessee is dismissed in limine

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2009-10

rectification petition u/s. 154 of the Act was filed on 14/02/2012 before the learned A.O. and the same was disposed off vide order dated 23/02/2012 deleting the disallowances made u/s. 43B of the Act. 11. That, thereupon, my mother Smt. Sreelatha was advised to file an appeal before the learned Commissioner of Income-tax [Appeals], HUBLI in respect

SRI SURESH CHIKKAJALA RAMAKRISHNAPPA ,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-6(1)(2), BANGALORE

In the result appeal filed by assessee stands allowed

Bench: Shri B.R.Baskaran & Smt. Beena Pillai

u/s. 271[1][c] of the Act in respect of the additions made in course of the assessment proceedings that were accepted by the appellant under the facts and in the circumstances of the appellant's case. 3. The learned CIT[A] ought to have appreciated that there was no concealment of income or furnishing of inaccurate particulars

JOHN DEVELOPERS ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the variousITA No.838 to 843/Bang/2023 M/s. Paul Resorts

INVTEVA PRODUCTS INDIA AUTOMOTIVE PRIVATE LIMITED ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-3(1)(1), BANGALORE

In the result, the appeal filed by the assessee stands partly allowed in the terms indicated above

Bench: Shri A. K. Garodia & Shri Laliet Kumar

penalty proceedings u/s 271 (1) ( c) is premature. Accordingly, these grounds are rejected. We have to decide ground Nos. 6,7,11 to 14, 16, 24 to 28 and additional Grounds 31 & 32. He also submitted that in last column of the same Ground wise summary, the arguments of the assessee are noted and these grounds can be decided

BIOCON LIMITED,BANGALORE vs. JCIT, BANGALORE

In the result appeal filed by assessee for assessment year

Bench: Shri B.R. Baskaran & Smt Beena Pillai

penalty proceedings u/s 271(1)(c) of the IT Act in the absence of any concealment or furnishing of inaccurate particulars. The Appellant craves leave to add, alter, vary, omit, substitute or amend the above grounds, at any time before or at the time of hearing of the appeal, Each of the above grounds is independent and without prejudice

JCIT, BANGALORE vs. M/S BIOCON LTD.,, BANGALORE

In the result appeal filed by assessee for assessment year

Bench: Shri B.R. Baskaran & Smt Beena Pillai

penalty proceedings u/s 271(1)(c) of the IT Act in the absence of any concealment or furnishing of inaccurate particulars. The Appellant craves leave to add, alter, vary, omit, substitute or amend the above grounds, at any time before or at the time of hearing of the appeal, Each of the above grounds is independent and without prejudice

JOHN DEVELOPERS,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

M/S. PAUL RESORTS & HOTELS PVT LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

M/S. PAUL RESORTS & HOTELS PVT. LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

M/S. PAUL RESORTS & HOTELS PVT LTD ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

M/S. PAUL RESORTS & HOTELS PVT LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1) , BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

JOHN DISTILLERIES PVT LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

JOHN DEVELOPERS ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

penalty proceedings u/s 271(1)(c) of the Act is initiated separately. 14.5 With regard to Undisclosed income from transport business the ld. D.R. submitted that during the course of search, a document A/JDPL/12 was found and seized. It contained entries relating to income earned by the assessee while returning from the various ITA No.838 to 843/Bang/2023 M/s. Paul

DCIT, BANGALORE vs. M/S ESSILOR MANUFACTURING INDIA PVT. LTD.,, BANGALORE

In the result, this appeal of the revenue is dismissed

Bench: Shri Arun Kumar Garodia & Shri Laliet Kumar

penalty proceedings under Section 274 read with Section 271(1)(c) of the Act, without appreciating the fact that the Appellant has not concealed or furnished any inaccurate particulars of income. Transfer Pricing Grounds 10. The impugned order has erred in making an addition of Rs. 83,421,123 to the total income of the Appellant on account of adjustment

DCIT, BANGALORE vs. M/S ESSILOR MANUFACTURING INDIA PVT. LTD.,, BANGALORE

In the result, this appeal of the revenue is dismissed

Bench: Shri Arun Kumar Garodia & Shri Laliet Kumar

penalty proceedings under Section 274 read with Section 271(1)(c) of the Act, without appreciating the fact that the Appellant has not concealed or furnished any inaccurate particulars of income. Transfer Pricing Grounds 10. The impugned order has erred in making an addition of Rs. 83,421,123 to the total income of the Appellant on account of adjustment