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3 results for “penalty u/s 271”+ Section 92A(2)(a)clear

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Key Topics

Section 271(1)(c)3Transfer Pricing3Section 143(3)2Section 133(6)2Section 92C2Addition to Income2Comparables/TP2

DEPUTY COMMISSIONER OF INCOME TAX INTERNATIONAL TAXATION, CIRCLE-2(1) BENGALURU, BENGALURU vs. PALMER INVESTMENT GROUP LIMITED, VIRGIN ISLANDS

In the result, the appeal filed by the revenue is dismissed

ITA 2431/BANG/2024[2014-15]Status: DisposedITAT Bangalore01 Apr 2026AY 2014-15

Bench: Shri Prashant Maharishi, Vice – & Shri Soundararajan K.

For Respondent: Shri Percy Pardiwala, Sr. Advocate
Section 143(2)Section 271(1)(c)Section 271CSection 274Section 275

92A(2) of the Act, solely on account of the subsequent acquisition of shares in USL by Relay 8.V crossing the threshold of 26% of the Page 5 of 7 IT(IT)A No. 2431/Bang/2024 share capital, and consequently, the transaction is deemed to be an 'international transaction' within the meaning of section 928 of the Act? 2. Whether

HEWLETT PACKARD (INDIA) SOFTWARE OPERATION PRIVATE LIMITED,2016-17 vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

ITA 213/BANG/2021[2016-17]Status: DisposedITAT Bangalore03 Oct 2022AY 2016-17

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariit(Tp)A No.213/Bang/2021 Assessment Year: 2016-17

For Appellant: Shri Padam Chand Khincha, A.RFor Respondent: Capt. Pradeep Arya, D.R
Section 133(6)Section 143(3)Section 92C

penalty proceedings under section 271(1)(c) of the Act. 4.2 The learned AO has erred in law and on facts in levying interest under section 234B and section 234C of the Act. 2. Ground Nos.1.1 to 1.13 are general in nature, which do not require any adjudication. Ground No.1.14 is as follows:- Software Development Segment ("SWD") 1.14.The learned

EIT SERVICES INDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BANGALORE

In the result, the appeal of the assessee is partly allowed for statistical purposes

ITA 210/BANG/2021[2016-17]Status: DisposedITAT Bangalore22 Aug 2022AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Padam Chand Khincha, A.RFor Respondent: Shri Praveen Karanth, D.R
Section 133(6)Section 143(3)Section 92D

penalty proceedings under Section 271(1)(c). The Appellant craves leave to add to or alter, by deletion, substitution or otherwise. the above grounds of appeal, at any time before or during the hearing of the appeal. 15. Relief a. The Appellant prays that the appeal may be allowed and the impugned final assessment order be set aside”. 2. Ground