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3 results for “reassessment u/s 147”+ Section 271Bclear

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Key Topics

Section 14818Section 271A4Section 271B4Section 2713Section 44A3Penalty3Reassessment2Reopening of Assessment2Addition to Income

M/S AMAN GOLD PLAZA,PUTTUR vs. ITO, PUTTUR

In the result, all the four appeals are allowed for statistical purposes

ITA 4/BANG/2015[2006-07]Status: DisposedITAT Bangalore27 Jul 2016AY 2006-07

Bench: Shri Vijay Pal Rao

For Appellant: Ms. Vanaja, Advocate &For Respondent: Ms. Renuka Devi, Jt. CIT(DR)
Section 148Section 271A

271B B for the AY 2006-07. 2. First the appeals in ITA Nos. 4 & 8/Bang/2015 arising against the reassessment order are taken up. The assessee has raised various grounds in these appeals, however, at the time of hearing, the assessee has also filed an additional ground, which reads as under:- ITA Nos.4 to 6 & 8/Bang/2015 Page

M/S AMAN GOLD PLAZA,PUTTUR vs. ITO, PUTTUR

In the result, all the four appeals are allowed for statistical purposes

2
ITA 8/BANG/2015[2008-09]Status: DisposedITAT Bangalore27 Jul 2016AY 2008-09

Bench: Shri Vijay Pal Rao

For Appellant: Ms. Vanaja, Advocate &For Respondent: Ms. Renuka Devi, Jt. CIT(DR)
Section 148Section 271A

271B B for the AY 2006-07. 2. First the appeals in ITA Nos. 4 & 8/Bang/2015 arising against the reassessment order are taken up. The assessee has raised various grounds in these appeals, however, at the time of hearing, the assessee has also filed an additional ground, which reads as under:- ITA Nos.4 to 6 & 8/Bang/2015 Page

HARSHAVARDHAN ,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1(4), BANGALORE

In the result, all 13 appeals of the assessee are allowed

ITA 404/BANG/2019[2009-10]Status: DisposedITAT Bangalore29 Jan 2020AY 2009-10
For Appellant: Shri C. Ramesh, C. AFor Respondent: Shri Manjeet Singh, Addl. CIT (DR)
Section 271Section 271ASection 271BSection 274Section 44A

147 in which it was held that since no format of books of accounts were prescribed under the Rules for Civil Contracts, Penalty u/s 271A is not justified. He submitted that when no penalty u/s 271A is leviable, Penalty u/s 271B also cannot be levied for non-audit as prescribed u/s 44AB. Learned DR of the revenue supported the orders