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25 results for “reassessment”+ Section 270A(10)clear

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Jaipur75Mumbai71Delhi44Rajkot30Hyderabad29Pune29Ahmedabad25Bangalore25Chennai25Cochin24Guwahati16Raipur11Chandigarh11Visakhapatnam10Cuttack10Nagpur9Patna9Kolkata6Lucknow6Surat6Indore5Dehradun4Agra2Ranchi1SC1Varanasi1

Key Topics

Section 14815Penalty15Section 270A11Section 27110Section 1478Section 148A8Section 2507Section 2746Addition to Income6Section 271A

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 1, MANGALORE vs. L JAVERCHAND JEWELLERS PRIVATE LIMITED, MUMBAI

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

ITA 1542/BANG/2024[2019-20]Status: DisposedITAT Bangalore09 Jan 2025AY 2019-20

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessment Year: 2019-20 L. Javerchand Jewellers Pvt. Ltd. No.1, 2Nd Floor & 3Rd Floor, Choksi Chamber Dcit 1Stagyari Lane Vs. Central Circle-1 Zaveri Bazar Mangaluru Mumbai 400 002

For Appellant: Ms. Sunaina Bhatia, A.RFor Respondent: Sri V. Parithivel, D.R
Section 132(4)Section 143(1)Section 143(3)Section 153CSection 250Section 270ASection 274

270A. Penalty for under-reporting and misreporting of income. (1)The Assessing Officer or the Commissioner (Appeals) or the Principal Commissioner or Commissioner may, during the course of any proceedings under this Act, direct that any L. Javerchand Jewellers Pvt. Ltd., Mumbai Page 10 of 17 person who has under-reported his income shall be liable to pay a penalty

Showing 1–20 of 25 · Page 1 of 2

5
Deduction4
Reassessment3

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 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

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

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

IIFL SAMASTA FINANCE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-6(1)(1), BANGALORE

ITA 1054/BANG/2024[2020-21]Status: DisposedITAT Bangalore27 Sept 2024AY 2020-21

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

Section 250Section 270ASection 270A(7)Section 270A(8)Section 40Section 43

10)The tax payable in respect of the under-reported income shall be— (a)where no return of income has been furnished or where return has been furnished for the first time under section 148 and the income has been assessed for the first time, the amount of tax calculated on the under-reported income as increased by the maximum

DEPUTY COMMISSIONER OF INCOME TAX, (EXEMPTIONS), CIRCLE-1, BENGALURU vs. RASHTROTTHANA PARISHAT, BENGALURU

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

ITA 1666/BANG/2024[2017-18]Status: HeardITAT Bangalore30 Dec 2024AY 2017-18

Bench: Shri Prashant Maharishi & Shri Keshav Dubeyassessment Year: 2017=18

For Appellant: Ms. Neera Malhotra CIT-D.RFor Respondent: Sri Prakash Shridhar Hegde, CA
Section 11Section 11(6)Section 250Section 270ASection 274

10)The tax payable in respect of the under-reported income shall be— (a)where no return of income has been furnished or where return has been furnished for the first time under section 148 and the income has been assessed for the first time, the amount of tax calculated on the under-reported income as increased by the maximum

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

ITA 542/BANG/2024[2014-15]Status: DisposedITAT Bangalore20 May 2024AY 2014-15

Bench: Shri Chandra Poojari & Smt. Beena Pillai

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 During re- GMBH ("IBM Germany") 13 assessment proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich Internationale Buromaschinen Gesellschaft m.b.H ("IBM Austria") 2012- 13 271(1)(c) 504/Bang/2024 Not filed During re- assessment proceedings IBM Del Peru

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

ITA 491/BANG/2024[2016-17]Status: DisposedITAT Bangalore20 May 2024AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillaiit(It)A Nos.490 & 491/Bang/2024

Section 271(1)(c)

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich Internationale Buromaschinen Gesellschaft m.b.H ("IBM Austria") 2012- 271(1)(c) 504/Bang/2024 Not filed During re- 13 assessment proceedings IBM Del Peru

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

ITA 489/BANG/2024[2012-13]Status: DisposedITAT Bangalore20 May 2024AY 2012-13

Bench: Shri Chandra Poojari & Smt. Beena Pillaiit(It)A Nos.490 & 491/Bang/2024

Section 271

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 Not filed During re- assessment GMBH ("IBM 13 Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- assessment 13 proceedings BM Osterreich Internationale Buromaschinen 2012- 271(1)(c) 504/Bang/2024 Not filed During re- assessment Gesellschaft m.b.H 13 ("IBM Austria") proceedings IBM Del Peru

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

ITA 543/BANG/2024[2017-18]Status: DisposedITAT Bangalore20 May 2024AY 2017-18

Bench: Shri Chandra Poojari & Smt. Beena Pillaiit(It)A Nos.490 & 491/Bang/2024

Section 271

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 Not filed During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich Internationale 2012- 271(1)(c) 504/Bang/2024 Not filed During re- Buromaschinen 13 assessment Gesellschaft m.b.H proceedings ("IBM Austria") IBM Del Peru

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

ITA 488/BANG/2024[2018-19]Status: DisposedITAT Bangalore20 May 2024AY 2018-19

Bench: Shri Chandra Poojari & Smt. Beena Pillai

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich 2012- 271(1)(c) 504/Bang/2024 Not filed During re- Internationale 13 assessment Buromaschinen proceedings Gesellschaft m.b.H ("IBM Austria") IBM Del Peru

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

ITA 492/BANG/2024[2013-14]Status: DisposedITAT Bangalore20 May 2024AY 2013-14

Bench: Shri Chandra Poojari & Smt. Beena Pillai

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich 2012- 271(1)(c) 504/Bang/2024 Not filed During re- Internationale 13 assessment Buromaschinen proceedings Gesellschaft m.b.H ("IBM Austria") IBM Del Peru

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

ITA 495/BANG/2024[2014-15]Status: DisposedITAT Bangalore20 May 2024AY 2014-15

Bench: Shri Chandra Poojari & Smt. Beena Pillaiit(It)A Nos.490 & 491/Bang/2024

Section 271

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 Not filed During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich Internationale 2012- 271(1)(c) 504/Bang/2024 Not filed During re- Buromaschinen 13 assessment Gesellschaft m.b.H ("IBM Austria") proceedings IBM Del Peru

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

ITA 546/BANG/2024[2015-16]Status: DisposedITAT Bangalore20 May 2024AY 2015-16

Bench: Shri Chandra Poojari & Smt. Beena Pillaiit(It)A Nos.490 & 491/Bang/2024

Section 271

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich Internationale Buromaschinen Gesellschaft m.b.H ("IBM Austria") 2012- 13 271(1)(c) 504/Bang/2024 Not filed During re- assessment proceedings 2012- IBM Del Peru

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

ITA 541/BANG/2024[2019-20]Status: DisposedITAT Bangalore20 May 2024AY 2019-20

Bench: Shri Chandra Poojari & Smt. Beena Pillaiit(It)A Nos.490 & 491/Bang/2024

Section 271

reassessment proceedings IBM Deutschland 2012- 271(1)(c) 501/Bang/2024 Not filed During re- GMBH ("IBM 13 assessment Germany") proceedings IBM Canada Limited 2012- 271(1)(c) 489/Bang/2024 Not filed During re- 13 assessment proceedings BM Osterreich Internationale Buromaschinen Gesellschaft m.b.H ("IBM Austria") 2012- 271(1)(c) 504/Bang/2024 Not filed During re- 13 assessment proceedings 2012- IBM Del Peru

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

ITA 487/BANG/2024[2014-15]Status: DisposedITAT Bangalore20 May 2024AY 2014-15

270A case where original return under section 139(1) of the Act has been\nfiled and receipts were offered to tax during the course of the assessment proceedings\nIBM Australia\n2018-\n270A\n488/Bang/2024\nFiled\nDuring\n19\nassessment\nproceedings\nIBM Australia\n2019-\n270A\n541/Bang/2024\nFiled\nSecondment\nreceipts\noffered in\nthe ITR,\n20\nAP IT/other\nreceipts\noffered\nduring\nassessment\nproceedings\n3.\nBackground

MR. NATESHAN SAMPATH,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1), BANGALORE

In the result, appeal filed by the assessee is allowed

ITA 1779/BANG/2024[2018-19]Status: DisposedITAT Bangalore22 Jan 2025AY 2018-19

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessment Year: 2018-19

For Appellant: Sri Mahesh G., A.RFor Respondent: Shri V. Parithivel, D.R
Section 147Section 148Section 250Section 270ASection 270A(8)Section 274

10)The tax payable in respect of the under-reported income shall be— (a)where no return of income has been furnished or where return has been furnished for the first time under section 148 and the income has been assessed for the first time, the amount of tax calculated on the under-reported income as increased by the maximum

DAVANAM JEWELLERS PRIVATE LIMITED,BANGALORE vs. ACIT, CENTRAL CIRCLE-1(4), BANGALORE

In the result appeal of the Assessee is dismissed

ITA 122/BANG/2026[2019-20]Status: DisposedITAT Bangalore27 Mar 2026AY 2019-20

Bench: Shri Prashant Maharishi, Vice – & Shri Keshav Dubeyassessment Year: 2019-20

For Appellant: Smt. Pooja Maru, CA
Section 132Section 139Section 143Section 147Section 148Section 148ASection 37

10 9. The initiation of penalty proceedings under section 270A of the Act is bad in law and unsustainable. 11. The Ld. Authorized Representative Smt. Pooja Maru and Shri N. Balusamy, Joint Commissioner of Income Tax for the Ld. Assessing Officer, were heard. 12. The first ground of appeal raised by the Assessee was that the Assessment Order passed

SHRI S KRISHNA PRASAD ,BALLARI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, BELAGAVI

In the result, all the appeals of the assessee are treated as allowed

ITA 1172/BANG/2018[2008-09]Status: DisposedITAT Bangalore01 Oct 2019AY 2008-09

Bench: Shri B.R Baskaran & Shri Pavan Kumar Gadale

For Appellant: Shri B.S Balachandra, AdvocateFor Respondent: Shri R.N Siddappaji, Addl. CIT (DR)
Section 271Section 271(1)(c)Section 271A

reassessment cannot be declared invalid in the penalty proceedings.” 11. The foregoing decisions make it clear that the assessing officer should be clear in his mind when he initiates penalty proceedings u/s 271(1)(c) of the act about the charge for which he has initiated the penalty proceedings. We have noticed that the AO, in the instant cases