R G PATIL & COMPANY,HAVERI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, BELAGAVI

In the result, these 2 appeals of the assessee in ITA Nos

Bench: Shri George George K & Shri Laxmi Prasad Sahu

153A, but which was not shown in the return of income u/s 139 in view of explanation 5A to section 271(1)(c). Taking into consideration the facts of the case and the assessee's conduct in discharging tax liability and finalization of ITA Nos.352 - 357/Bang/2021 Page 12 of 30 assessment proceedings, 1 hereby levy minimum penalty

SRI DEEPAK S HIREMATH, HUBBALI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), HUBBALI

In the result, the assessee’s appeals for Assessment Years 2008-09 to 2012-13 are allowed

Bench: Shri N. V. Vasudevan & Shri Jason P. Boaz

153A of the Act vide order dated 29.02.2016, wherein the assessee’s returned income of Rs.6,01,630/- was accepted. Penalty proceedings were simultaneously initiated by issue of notice under section 271(1)(c) of the Act dated 29.02.2016 and the proceedings resulted in the AO passing an order dated 23.08.2016 levying penalty of Rs.70,976/- under section 271

SRI DEEPAK S HIREMATH ,HUBBALI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), HUBBLI

In the result, the assessee’s appeals for Assessment Years 2008-09 to 2012-13 are allowed

Bench: Shri N. V. Vasudevan & Shri Jason P. Boaz

153A of the Act vide order dated 29.02.2016, wherein the assessee’s returned income of Rs.6,01,630/- was accepted. Penalty proceedings were simultaneously initiated by issue of notice under section 271(1)(c) of the Act dated 29.02.2016 and the proceedings resulted in the AO passing an order dated 23.08.2016 levying penalty of Rs.70,976/- under section 271

SRI DEEPAK S HIREMATH, HUBBALI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), HUBBALI

In the result, the assessee’s appeals for Assessment Years 2008-09 to 2012-13 are allowed

Bench: Shri N. V. Vasudevan & Shri Jason P. Boaz

153A of the Act vide order dated 29.02.2016, wherein the assessee’s returned income of Rs.6,01,630/- was accepted. Penalty proceedings were simultaneously initiated by issue of notice under section 271(1)(c) of the Act dated 29.02.2016 and the proceedings resulted in the AO passing an order dated 23.08.2016 levying penalty of Rs.70,976/- under section 271

SRI DEEPAK S HIREMATH ,HUBBALLI vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), HUBBALLI

In the result, the assessee’s appeals for Assessment Years 2008-09 to 2012-13 are allowed

Bench: Shri N. V. Vasudevan & Shri Jason P. Boaz

153A of the Act vide order dated 29.02.2016, wherein the assessee’s returned income of Rs.6,01,630/- was accepted. Penalty proceedings were simultaneously initiated by issue of notice under section 271(1)(c) of the Act dated 29.02.2016 and the proceedings resulted in the AO passing an order dated 23.08.2016 levying penalty of Rs.70,976/- under section 271

SRI DEEPAK S HIREMATH ,HUBALI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), HUBLI

In the result, the assessee’s appeals for Assessment Years 2008-09 to 2012-13 are allowed

Bench: Shri N. V. Vasudevan & Shri Jason P. Boaz

153A of the Act vide order dated 29.02.2016, wherein the assessee’s returned income of Rs.6,01,630/- was accepted. Penalty proceedings were simultaneously initiated by issue of notice under section 271(1)(c) of the Act dated 29.02.2016 and the proceedings resulted in the AO passing an order dated 23.08.2016 levying penalty of Rs.70,976/- under section 271

MOHAMMED MUJEEB SIKANDER,MANGALORE vs. DCIT, CENTRAL CIRCLE (1), MANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

penalty under sections 271(1)(c) of the Act. xi. The Assessee have right reserve to Amend modify delete and make any additional grounds of appeal. 2.3 During the appellate proceedings the assessee raised additional grounds of appeal before the ld. CIT(A)-2, Panaji as under: 1. The learned Assessing Officer erred in issuing notice u/s.1

MOHAMMED MUJEEB SIKANDER,MANGALORE vs. DCIT, CENTRAL CIRCLE (1), MANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

penalty under sections 271(1)(c) of the Act. xi. The Assessee have right reserve to Amend modify delete and make any additional grounds of appeal. 2.3 During the appellate proceedings the assessee raised additional grounds of appeal before the ld. CIT(A)-2, Panaji as under: 1. The learned Assessing Officer erred in issuing notice u/s.1

M/S. S. RAMASHANDRA SETTY & SONS,HASSAN vs. INCOME TAX OFFICER, WARD-1 , HASSAN

In the result, appeal of the assessee in ITA

Bench: Shri Chandra Poojari & Shri Keshav Dubey

Penalty proceedings u/s 271(1)(c) is initiated separately on the concealed income as detected above.” 8.1 Similarly, for the assessment year 2014-15, the ld. AO made similar findings and finally made addition by stating as follows: “On verification of the copies of the VAT assessment order for the financial year submitted by the VAT authorities u/s

INCOME TAX OFFICER, W-1, VIJAYANAGAR vs. RAMACHANDRA SETTY AND SONS, HASSAN

In the result, appeal of the assessee in ITA

Bench: Shri Chandra Poojari & Shri Keshav Dubey

Penalty proceedings u/s 271(1)(c) is initiated separately on the concealed income as detected above.” 8.1 Similarly, for the assessment year 2014-15, the ld. AO made similar findings and finally made addition by stating as follows: “On verification of the copies of the VAT assessment order for the financial year submitted by the VAT authorities u/s

INCOME TAX OFFICER W 1, HASSAN vs. RAMACHANDRA SETTY AND SONS, HASSAN

In the result, appeal of the assessee in ITA

Bench: Shri Chandra Poojari & Shri Keshav Dubey

Penalty proceedings u/s 271(1)(c) is initiated separately on the concealed income as detected above.” 8.1 Similarly, for the assessment year 2014-15, the ld. AO made similar findings and finally made addition by stating as follows: “On verification of the copies of the VAT assessment order for the financial year submitted by the VAT authorities u/s

INCOME TAX OFFICER WARD-1 HASSAN, HASSAN vs. RAMACHANDRA SETTY AND SONGS, HASSAN

In the result, appeal of the assessee in ITA

Bench: Shri Chandra Poojari & Shri Keshav Dubey

Penalty proceedings u/s 271(1)(c) is initiated separately on the concealed income as detected above.” 8.1 Similarly, for the assessment year 2014-15, the ld. AO made similar findings and finally made addition by stating as follows: “On verification of the copies of the VAT assessment order for the financial year submitted by the VAT authorities u/s

INCOME TAX OFFICER, W-1, HASSAN vs. RAMACHANDRA SETTY & SONS, HASSAN

In the result, appeal of the assessee in ITA

Bench: Shri Chandra Poojari & Shri Keshav Dubey

Penalty proceedings u/s 271(1)(c) is initiated separately on the concealed income as detected above.” 8.1 Similarly, for the assessment year 2014-15, the ld. AO made similar findings and finally made addition by stating as follows: “On verification of the copies of the VAT assessment order for the financial year submitted by the VAT authorities u/s

SRI. NARASIMHA REDDY,BANGALORE vs. DCIT, BANGALORE

In the result, the appeals of the assessee are allowed

Bench: Shri Abraham P George & Shri Vijay Pal Rao

153A of the Act, the assessee adopted net asset method of arriving at his undisclosed income in each year and declared additional income for each year. Except some minor variation during the assessment year 2008-09, the returns of income filed by the assessee were accepted in all these four assessment years. Consequently the AO initiated penalty proceedings u/s 271

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 Resorts

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 Resorts

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 Resorts

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 Resorts