GOPAL KRISHNA KARODI SABBANA,DAKSHINA KANNADA vs. DY./ASST.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2, MANGALORE

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

71,29,484 7,34,47,438 6,53,94,261 Due dates of Tax Audit 31-10-2015 17-10-2016 07-11-2017 31-10-2018 31-10-2019 Audit Uploaded 28-12-2016 30-03-2017 31-03-2018 15-03-2019 14-02-2020 Actual delay in days 424 164 144 135 106 Delay

GOPAL KRISHNA KARODI SABBANA ,DAKSHINA KANNADA vs. DY./ASST.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2, MANGALORE

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

71,29,484 7,34,47,438 6,53,94,261 Due dates of Tax Audit 31-10-2015 17-10-2016 07-11-2017 31-10-2018 31-10-2019 Audit Uploaded 28-12-2016 30-03-2017 31-03-2018 15-03-2019 14-02-2020 Actual delay in days 424 164 144 135 106 Delay

GOPAL KRISHNA KARODI SABBANA,DAKSHINA KANNADA vs. DY./ASST.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2,, MANGALORE

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

71,29,484 7,34,47,438 6,53,94,261 Due dates of Tax Audit 31-10-2015 17-10-2016 07-11-2017 31-10-2018 31-10-2019 Audit Uploaded 28-12-2016 30-03-2017 31-03-2018 15-03-2019 14-02-2020 Actual delay in days 424 164 144 135 106 Delay

GOPAL KRISHNA KARODI SABBANA,DAKSHINA KANNADA vs. DY./ASST.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2, MANGALORE

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

71,29,484 7,34,47,438 6,53,94,261 Due dates of Tax Audit 31-10-2015 17-10-2016 07-11-2017 31-10-2018 31-10-2019 Audit Uploaded 28-12-2016 30-03-2017 31-03-2018 15-03-2019 14-02-2020 Actual delay in days 424 164 144 135 106 Delay

GOPAL KRISHNA KARODI SABBANA,DAKSHINA KANNADA vs. DY./ASST.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2, MANGALORE

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

71,29,484 7,34,47,438 6,53,94,261 Due dates of Tax Audit 31-10-2015 17-10-2016 07-11-2017 31-10-2018 31-10-2019 Audit Uploaded Actual delay in days 28-12-2016 30-03-2017 31-03-2018 15-03-2019 14-02-2020 424 164 144 135 106 Delay

SMT. ROOPA SURYANARAYANA,BANGALORE vs. ITO, BANGALORE

In the result, the appeals are allowed

Bench: Smt. Asha Vijayaraghavan & Shri Inturi Rama Raoita Nos. 997 To 1001/Bang/2014 (Asst. Years : 2004-05 To 2008-09) Smt. Roopa Suryanarayana, Prop. Yashasvi Packs, No.44, 4Th Cross, Ad Halli, Magadi Main Road, Bangalore-560 040. . Appellant Pan: Admpr 9875K

71,266 2007-08 Rs. 4,32,003 2008-09 Rs. 7,83,288 10. These additions were made as a result of enquiries made through the National CO-operative Bank Ltd. wherein the appellant deposited amount under cumulative Time Deposit Scheme and the same were not disclosed in the returns of income in the relevant assessment years. Subsequently

OIKOS APARTMENTS PVT LTD,BANGALORE vs. COMMISSIONER OF INCOME TAX, (APPEAL)-5, BANGALORE

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

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

271(1)(c) of the I.T.Act for the enhancement made by him in the quantum assessment (i.e. penalty was imposed on quantum enhancement of Rs.2 crore). The CIT(A) imposed penalty of Rs.57,29,893 being 100% of tax sought to be evaded. The relevant finding of the CIT(A) in imposing penalty of Rs.57,29,893 reads as follow

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

In the result, the appeal of the assessee is allowed

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

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

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

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

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

71,64,563 2010-11 90,03,946 2011-12 1,47,15,551 2012-13 2,99,26,028 2013-14 1,45,87,132 2014-15 1 ,52,73,873 Upto 18-12-2014 74,80,090 Total 9,81,51,183 4.2 The assessee has offered the undisclosed income

SRI. H. LAKSHMINARAYANA,BANGALORE vs. ITO, BANGALORE

In the result, the appeals are allowed

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

71,860 Rs.) Revised (belated return 02/07/10 02/07/10 02/07/10 02/07/10 02/07/10 filed) Additional income 13,66,704 3,25,392 15,42,099 4,15,766 5,62,361 declared (in Rs.) Date of Asst. Order 21/07/10 21/07/10 21/07/10 21/07/10 21/07/10 Total 18,06,180 7,24,350 19,17,950 9,90,890 14,17,770 6. In respect

M/S SYNDICATE BANK ,BANGALORE vs. ADDITIONAL COMMISSIONER OF INCOME TAX (TDS) RANGE-3 , BANGALORE

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

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazin Ita Nos. A.Y. Appellant(S) Vs. Respondent 709/Bang/2019 2012-13 Syndicate Bank, 2011-12 Rajajinagar Main Branch, Ramamandir Road, 3Rd Block, Rajajinagar, Bangalore – 560 010. Tan : Blrs 00880 F Pan: Aaccs 4699E 710/Bang/2019 2011-12 Syndicate Bank, 735/Bang/2019 2013-14 Jayanagar Market Complex Branch, The Assistant 12Th Main Road, Commissioner Of 3Rd Block, Jayanagar, Income Tax (Tds), Bangalore-560 011. Tan : Blrs 16148 G Range 3, Pan: Aaccs 4699E Bangalore. 711/Bang/2019 2011-12 Syndicate Bank, 2013-14 Bit Branch, K.R. Road,V V Puram, Bangalore-560 004. Tan : Blrs 16186 C Pan: Aaccs 4699E 712/Bang/2019 2011-12 Syndicate Bank, Vijaya College Br., R V Road, Basavangudi Bangalore – 560 004. Tan : Blrs 15334 E Pan: Aaccs 4699E

271, section 271A, section 271AA, section 271B , section 271BA, section 271BB, section 271C, section 271CA, section 271D, section 271E, section 271F, section 271FA, section 271FB, section 271G, section 271H, clause (c) or clause (d) of sub section (1) or sub-section (2) of section 272A, sub-section (1) of section 272AA or section 272B or subsection (1) or subsection

M/S SYNDICATE BANK ,BANGALORE vs. ADDITIONAL COMMISSIONER OF INCOME TAX (TDS) RANGE-3 , BANGALORE

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

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazin Ita Nos. A.Y. Appellant(S) Vs. Respondent 709/Bang/2019 2012-13 Syndicate Bank, 2011-12 Rajajinagar Main Branch, Ramamandir Road, 3Rd Block, Rajajinagar, Bangalore – 560 010. Tan : Blrs 00880 F Pan: Aaccs 4699E 710/Bang/2019 2011-12 Syndicate Bank, 735/Bang/2019 2013-14 Jayanagar Market Complex Branch, The Assistant 12Th Main Road, Commissioner Of 3Rd Block, Jayanagar, Income Tax (Tds), Bangalore-560 011. Tan : Blrs 16148 G Range 3, Pan: Aaccs 4699E Bangalore. 711/Bang/2019 2011-12 Syndicate Bank, 2013-14 Bit Branch, K.R. Road,V V Puram, Bangalore-560 004. Tan : Blrs 16186 C Pan: Aaccs 4699E 712/Bang/2019 2011-12 Syndicate Bank, Vijaya College Br., R V Road, Basavangudi Bangalore – 560 004. Tan : Blrs 15334 E Pan: Aaccs 4699E

271, section 271A, section 271AA, section 271B , section 271BA, section 271BB, section 271C, section 271CA, section 271D, section 271E, section 271F, section 271FA, section 271FB, section 271G, section 271H, clause (c) or clause (d) of sub section (1) or sub-section (2) of section 272A, sub-section (1) of section 272AA or section 272B or subsection (1) or subsection

M/S. SYNDICATE BANK,GANDHINAGAR vs. ADDITIONAL COMMISSIONER OF INCOME TAX (TDS), RANGE- 3, BANGALORE

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

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazin Ita Nos. A.Y. Appellant(S) Vs. Respondent 709/Bang/2019 2012-13 Syndicate Bank, 2011-12 Rajajinagar Main Branch, Ramamandir Road, 3Rd Block, Rajajinagar, Bangalore – 560 010. Tan : Blrs 00880 F Pan: Aaccs 4699E 710/Bang/2019 2011-12 Syndicate Bank, 735/Bang/2019 2013-14 Jayanagar Market Complex Branch, The Assistant 12Th Main Road, Commissioner Of 3Rd Block, Jayanagar, Income Tax (Tds), Bangalore-560 011. Tan : Blrs 16148 G Range 3, Pan: Aaccs 4699E Bangalore. 711/Bang/2019 2011-12 Syndicate Bank, 2013-14 Bit Branch, K.R. Road,V V Puram, Bangalore-560 004. Tan : Blrs 16186 C Pan: Aaccs 4699E 712/Bang/2019 2011-12 Syndicate Bank, Vijaya College Br., R V Road, Basavangudi Bangalore – 560 004. Tan : Blrs 15334 E Pan: Aaccs 4699E

271, section 271A, section 271AA, section 271B , section 271BA, section 271BB, section 271C, section 271CA, section 271D, section 271E, section 271F, section 271FA, section 271FB, section 271G, section 271H, clause (c) or clause (d) of sub section (1) or sub-section (2) of section 272A, sub-section (1) of section 272AA or section 272B or subsection (1) or subsection