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210 results for “penalty u/s 271”+ Section 43(5)clear

Sorted by relevance

Delhi1,324Mumbai1,057Ahmedabad375Jaipur273Bangalore210Pune138Kolkata130Hyderabad128Karnataka126Raipur121Indore118Chennai88Chandigarh84Visakhapatnam59Rajkot55Surat51Amritsar46Nagpur43Calcutta35Cochin32Allahabad30Lucknow18Dehradun18Guwahati16Kerala14Cuttack14Agra12Ranchi10Jabalpur9Varanasi7Panaji6SC6Jodhpur6Patna4Rajasthan3Telangana2

Key Topics

Addition to Income81Section 143(3)55Disallowance40Section 14836Transfer Pricing32Section 10A31Section 153C31Deduction28Penalty

IBM CORPORATION,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE-1(2)(1) , BANGALORE

In the result, all the appeals of the assessees are allowed

ITA 499/BANG/2024[2016-17]Status: DisposedITAT Bangalore20 May 2024AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

section 197, in respect to deductibility of tax on similar receipts - The CIT(A) highlighted that section 195(2) and section 197 of the Act are in the nature of safeguard sections to make sure that taxes are rightfully deducted on payments. - The CIT(A) has thereafter contended that the Assessee has not availed any of the safeguards and basis

IBM CORPORATION,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, INTERNATIONAL TAXATION-CIRCLE-1(2) , BANGALORE

In the result, all the appeals of the assessees are allowed

ITA 544/BANG/2024[2017-18]Status: DisposedITAT Bangalore20 May 2024AY 2017-18

Bench: Shri Chandra Poojari & Smt. Beena Pillai

section 197, in respect to deductibility of tax on similar receipts - The CIT(A) highlighted that section 195(2) and section 197 of the Act are in the nature of safeguard sections to make sure that taxes are rightfully deducted on payments. - The CIT(A) has thereafter contended that the Assessee has not availed any of the safeguards and basis

Showing 1–20 of 210 · Page 1 of 11

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27
Section 271(1)(c)26
Section 133A25
Section 92C24

IBM UNITED KINGDOM LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX , INTERNATIONAL TAXATION-CIRCLE-1(2), BANGALORE

In the result, all the appeals of the assessees are allowed

ITA 497/BANG/2024[2016-17]Status: DisposedITAT Bangalore20 May 2024AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

section 197, in respect to deductibility of tax on similar receipts - The CIT(A) highlighted that section 195(2) and section 197 of the Act are in the nature of safeguard sections to make sure that taxes are rightfully deducted on payments. - The CIT(A) has thereafter contended that the Assessee has not availed any of the safeguards and basis

IBM ISRAEL LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX , INTERNATIONAL TAXATION-CIRCLE-1(2) , BANGALORE

In the result, all the appeals of the assessees are allowed

ITA 496/BANG/2024[2016-17]Status: DisposedITAT Bangalore20 May 2024AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

section 197, in respect to deductibility of tax on similar receipts - The CIT(A) highlighted that section 195(2) and section 197 of the Act are in the nature of safeguard sections to make sure that taxes are rightfully deducted on payments. - The CIT(A) has thereafter contended that the Assessee has not availed any of the safeguards and basis

SRI RAMAIAH REDDY ,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-4(2)(1), BANGALORE

In the result, assessee’s appeal for asst

ITA 977/BANG/2017[2011-12]Status: DisposedITAT Bangalore22 Sept 2017AY 2011-12

Bench: Shri Vijaypal Rao & Shri Jason P Boazsri C Ramaiah Reddy, Ramaiah Reddy Colony, Sector ‘C’, Basavanagar, Marthahalli, Bengaluru. . Appellant Vs.

For Appellant: Shri V Srinivasan, AdvocateFor Respondent: Shri R.N Parbat, CIT
Section 132Section 132(4)Section 153ASection 171(1)(c)Section 271Section 271(1)(c)Section 274

43,772/- as against revised declared income of Rs.23,97,25,547/- due to various additions made therein, In the order of assessment the Assessing Officer (‘AO’) observed that the assessee had only declared the sum of Rs.50 lakhs on account of unexplained jewellery as per the declaration u/s 132(4) of the Act in the return of income filed

M/S TATA POWER SOLAR SYSTEMS LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(1), BANGALORE

In the result, the assessee’s appeal for Assessment Year 2009-10 is allowed

ITA 3187/BANG/2018[2009-10]Status: DisposedITAT Bangalore21 Aug 2019AY 2009-10

Bench: Shri N. V. Vasudevan & Shri Jason P. Boazassessment Years : 2009-10 M/S. Tata Power Solar Systems Ltd., Vs. Deputy Commissioner Of Unit 1, Plot No.78, Hosur Road, Income-Tax, Electronic City, Bangalore-560 100. Circle 7(1)(1), Pan : Aaact 4660 J Bangalore. Appellant Respondent

For Appellant: Shri. Sumeet Khurana, CAFor Respondent: Shri. Vikas Suryavamshi, Addl. CIT
Section 143(3)Section 250Section 271(1)(c)Section 274(1)

43,180/- and wherein the AO simultaneously initiated proceedings under section 271(1)(c) of the Act by issue of notice dated 09.04.2013. Subsequently, the AO passed an order dated 30.10.2013 levying penalty of Rs.1,11,79,217/- under section 271(1)(c) of the Act which was upheld by the CIT(A) vide the impugned order dated

KASIMALI M SAYYED ,GADAG vs. INCOME TAX OFFICER WARD-1 , GADAG

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

ITA 1950/BANG/2017[2012-13]Status: DisposedITAT Bangalore18 Feb 2020AY 2012-13

Bench: Shri Chandra Poojari, Am & Smt.Beena Pillai, Jm

For Appellant: Sri.R.Chandrasekhar , AdvocateFor Respondent: Smt.Swapna Das, JCIT-DR
Section 129Section 133ASection 143(3)Section 148Section 271(1)(c)

43,000 2.1 Further, during the course of survey proceedings, the assessee has also offered additional income of Rs.16,04,803. It was noticed that the assessee has entered into two joint development agreements to develop land. The receipts from the same were not disclosed to the Department. On account of this a sum of Rs.16,04,803 was offered

SIMRAN K SAYYED ,GADAG vs. INCOME TAX OFFICER WARD-1 , GADAG

In the result, assessee’s appeal for Asst

ITA 1949/BANG/2017[21012-13]Status: DisposedITAT Bangalore04 Jan 2019

Bench: Shri N. V. Vasudevan & Shri Jason P Boazassessment Year : 2012-13 Ms. Simran. K. Sayyed, Vs. Income Tax Officer, Near Bhisma Tank, Ward - 1, Gadag – 582 101. Gadag. Pan : Bwgps 4895 G Appellant Respondent Assessee By : Ms. Mrinalini, Advocate Revenue By : Smt. Vikas K. Suryawamshi, Addl. Cit Date Of Hearing : 19.12.2018 Date Of Pronouncement : 04.01.2019

For Appellant: Ms. Mrinalini, AdvocateFor Respondent: Smt. Vikas K. Suryawamshi, Addl. CIT
Section 133ASection 143(1)Section 143(3)Section 147Section 148Section 271(1)(c)Section 274

43,000/- each. Proceedings u/s 147 of the Act were initiated in this regard for Assessment Year 2012-13 and notice u/s 148 of the Act was issued on 29.08.2013, in response to which the assessee filed a return of income on 13.01.2015 declaring total income of Rs.36,25,110/-. The order of assessment was accordingly completed u/s

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1596/BANG/2019[2015-16]Status: DisposedITAT Bangalore19 Oct 2020AY 2015-16

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1592/BANG/2019[2011-12]Status: DisposedITAT Bangalore19 Oct 2020AY 2011-12

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1594/BANG/2019[2013-14]Status: DisposedITAT Bangalore19 Oct 2020AY 2013-14

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1591/BANG/2019[2010-11]Status: DisposedITAT Bangalore19 Oct 2020AY 2010-11

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1590/BANG/2019[2009-10]Status: DisposedITAT Bangalore19 Oct 2020AY 2009-10

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1595/BANG/2019[2014-15]Status: DisposedITAT Bangalore19 Oct 2020AY 2014-15

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

MAHENDRA B CHOWHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 1(2), BANGALORE

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

ITA 1593/BANG/2019[2012-2013]Status: DisposedITAT Bangalore19 Oct 2020AY 2012-2013

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

For Appellant: Shri C. Ramesh, CAFor Respondent: Shri Manjeet Singh, Addl.CIT(DR)(ITAT), Bengaluru
Section 132Section 132(4)Section 153CSection 271(1)(c)Section 271ASection 69

u/s. 153C is undeniably the assessee's undisclosed income which ITA Nos. 1590 to 1596/Bang/2019 Page 5 of 15 came to light only on account of search proceedings. The High Court of Rajasthan in the case of Grass Field Farms & Resorts (P.) Ltd. vs Deputy Commissioner of Income-tax [2017] 79 taxmann.com 426 (Rajasthan) upheld the levy of penalty

JICE ACADEMY FOR EXCELLENCE PRIVATE LIMITED,BANGALORE vs. INCOME TAX OFFICER, NFAC, DELHI

In the result, the appeal of the assessee is allowed

ITA 704/BANG/2022[2017-18]Status: DisposedITAT Bangalore19 Sept 2022AY 2017-18

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year: 2017-18

For Appellant: Shri Rajeev Nulvi, A.RFor Respondent: Shri K. Sankar Ganesh, D.R
Section 143(3)Section 269SSection 271DSection 273B

271 D of the I.T. Act 1961. Accordingly, the Addl.CIT invoked the provisions of section 271D and levied penalty at Rs.15,64,50,000 for accepting loan in cash in violation of provisions of section 269SS as per section 271D of the Act. 19. The main contention of the ld. AR is that the transaction is genuine

SRI P A USMAN ,SULLIA vs. THE INCOME TAX OFFICER WARD-1 , PUTTUR

In the result, the assessee appeal in ITA No

ITA 888/BANG/2019[2014-15]Status: DisposedITAT Bangalore20 Sept 2019AY 2014-15

Bench: Shri A.K.Garodia & Shri Pavan Kumar Gadale, Judical Member Ita Nos.888 & 889(Bang)/2019 (Assessment Years : 2014-15) Shri P.A.Usman, D No.2-106-2, Chennavara House, Peruvaje Post, Bellare, Sullia-574 212 Pan No. Aappu4406R Appellant Vs The Income Tax Officer, Ward-1, Puttur Respondent Appellant By : Smt. Pratibha, Advocate Revenue By : Smt. R.Premi, Jcit

For Appellant: Smt. Pratibha, AdvocateFor Respondent: Smt. R.Premi, JCIT
Section 139(1)Section 143(1)Section 143(2)Section 143(3)Section 271(1)(c)Section 271BSection 44A

section 44AB of the IT Act and confirmed the penalty levied u/s 271B of the IT Act, and dismissed assessee’s appeal. Aggrieved by the order, the assessee filed an appeal before the Tribunal. 4. The ld. AR argued that the Ld.CIT(A) has erred in confirming the penalty without considering the submissions and the explanations filed in the course

AKASH EDUCATION & DEVELOPMENT TRUST,BENGALURU vs. ADDITIONAL COMMISSIONER OF INCOME TAX, CENTRAL RANGE-2, BANGALORE

In the result, the appeal of the assessee is allowed

ITA 737/BANG/2021[2016-17]Status: DisposedITAT Bangalore18 Apr 2022AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2016-17

For Appellant: Shri Rajeev Nulvi, ARFor Respondent: Shri Manjunath Karkihalli, CIT(DR)(ITAT), Bengaluru
Section 269SSection 271DSection 271D(2)Section 273B

271 D of the I.T. Act 1961. Accordingly, the Addl.CIT invoked the provisions of section 271D and levied penalty at Rs.15,64,50,000 for accepting loan in cash in violation of provisions of section 269SS as per section 271D of the Act. 19. The main contention of the ld. AR is that the transaction is genuine

TECNOTREE CONVERGENCE LT D,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(1), BANGALORE

In the result, Revenue’s appeal for Assessment Year 2011-12 is dismissed

ITA 1520/BANG/2017[2011-12]Status: DisposedITAT Bangalore03 Jul 2019AY 2011-12

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

For Respondent: Shri. Pradeep Kumar, CIT
Section 10ASection 10A(3)Section 115JSection 143(1)Section 143(3)Section 155Section 40Section 94(7)

penalty under section 271(1)(c) of the Act has been levied by the AO in the impugned order, this ground is premature and non-maintainable and is accordingly dismissed. 13. In the result, the assessee’s appeal for Assessment Year 2010-11 is partly allowed. ITA Nos. 1447 and 1448/Bang/2017 ITA Nos. 1519 and 1520/Bang/2017 Page

TECNOTREE CONVERGENCE LT D,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(1), BANGALORE

In the result, Revenue’s appeal for Assessment Year 2011-12 is dismissed

ITA 1519/BANG/2017[2010-11]Status: DisposedITAT Bangalore03 Jul 2019AY 2010-11

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

For Respondent: Shri. Pradeep Kumar, CIT
Section 10ASection 10A(3)Section 115JSection 143(1)Section 143(3)Section 155Section 40Section 94(7)

penalty under section 271(1)(c) of the Act has been levied by the AO in the impugned order, this ground is premature and non-maintainable and is accordingly dismissed. 13. In the result, the assessee’s appeal for Assessment Year 2010-11 is partly allowed. ITA Nos. 1447 and 1448/Bang/2017 ITA Nos. 1519 and 1520/Bang/2017 Page