SMT. VANI JAIN,LUDHIANA vs. DCIT, CC-1, LUDHIANA

In the result, all the above appeals of different assessees are partly allowed for statistical purposes

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1). (3) The provisions of section 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation:--- For the purpose of this section,__ (a)……… (b)………. (c) "undisclosed income" means— (i) any income

SMT. SHWETA JAIN,LUDHIANA vs. DCIT, CC-1, LUDHIANA

In the result, all the above appeals of different assessees are partly allowed for statistical purposes

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1). (3) The provisions of section 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation:--- For the purpose of this section,__ (a)……… (b)………. (c) "undisclosed income" means— (i) any income

M/S SEL TEXTILES LIMITED,LUDHIANA vs. DCIT, CC-III, LUDHIANA

In the result, theappeal of the assessee stands partly allowed

Bench: Shri Sanjay Garg & Ms. Annapurna Guptaआयकरअपीलसं./Ita No.695/Chd/2018 धििागरणवर्ग / Assessment Year :2014-15 बिाम M/S Sel Textiles Limited, The Dcit, 273-74,G.T. Road, Central Circle-Iii, Dhandari Kalan, Ludhiana Ludhiana स्थायीलेखासं./Pan No: Aancs0401M अपीलाथी/Appellant प्रत्यथी/Respondent धििागररतीकीओरसे/Assessee By : Shri Ashwani Kumar, Ca राजस्वकीओरसे/ Revenue By : Sh. Ram Mohan, Cit Dr सुिवाईकीतारीख/Date Of Hearing : 28.01.2019 उदघोर्णाकीतारीख/Date Of Pronouncement : 18.04.2019 आदेश/Order Per Sanjay Garg:

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1). (3) The provisions of section 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation:--- For the purpose of this section,__ (a)……… (b)………. (c) "undisclosed income" means— (i) any income

AKM RESORTS,MOHALI vs. ACIT CIRCLE 5(1), CHANDIGARH

Appeal of the assessee is allowed

Bench: This Tribunal. The Assessee

u/s 271(1)(c) of the Act is initiated separately for furnishing of inaccurate particulars of income. 2.7 Basis above premises, the ld. AO concluded that assessee is liable to penal action on account of furnishing inaccurate particulars of income and default has been committed by the assessee within the meaning of Section 271

AL RASHEED CHARITABLE SOCIETY,HARYANA vs. JCIT, EXEMPTIONS, CHANDIGARH

Appeal of the Assessee is allowed for statistical purposes

246A of the Act\nwhich is hereinafter referred to as the “impugned order”. The relevant A.Y\nis 2016-17 and the corresponding previous year period is from 01/04/2015\nto 31/03/2016.\n2.\nFactual Matrix\n2.1\nThe Return of Income for the A.Y.2016-17 was filed by the assessee\non 11.10.2016 at Nil income and the same was processed under section\n143

RAM KUMAR,NEHRU GARDEN COLONY vs. ITO WARD 2 KAITHAL, AAYKAR BHAWAN, AMBALA ROAD KAITHAL

Appeal of the assessee is allowed for statistical purposes

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

246A of the Act, before the Ld. CIT(A) who by the impugned order has dismissed the appeal of the assessee. 14. That the assessee being aggrieved by the impugned order of the Ld. CIT(A) has preferred second appeal before this Tribunal and has raised following grounds of appeal: 1. The Ld. Commissioner of Income Tax (Appeals)- NFAC, erred

RAM KUMAR,NEHRU GARDEN COLONY vs. ITO WARD 2, KAITHAL

Appeal of the assessee is allowed for statistical purposes

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

246A of the Act, before the Ld. CIT(A) who by the impugned order has dismissed the appeal of the assessee. 14. That the assessee being aggrieved by the impugned order of the Ld. CIT(A) has preferred second appeal before this Tribunal and has raised following grounds of appeal: 1. The Ld. Commissioner of Income Tax (Appeals)- NFAC, erred

SHRI DARBARA SINGH,CHANDIGARH vs. ITO-WARD-5(5), CHANDIGARH

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

section 271(1)(c) of the Act. The Ld. counsel relied on the decisions of the Chandigarh Benches of the Tribunal in support of his contention. Similarly, the Ld. counsel contended that since the interest income from FDR and saving account was lower than the maximum amount not chargeable to tax, the Ld. CIT(A) has wrongly confirmed the penalty

BALWANT SINGH DHINDSA, ADV. SO KARTAR SINGH, #185 STREET NO. 11, PUNIA COLONY, SANGRUR, PUNJAB,PUNJAB vs. ITO WARD SANGRUR, PUNJAB

In the result, appeal of the assessee is\ndismissed

246A of the Act before the First Appellate\nAuthority i.e. CIT(A) who by “impugned order” has partly\nallowed the first appeal of the assessee, by treating sum\nof Rs.18,07,500/- as unexplained money under Section\n69A of the Act. In so far as remaining amount of Rs.10\nlakh is concerned, CIT(A) in para 5.2.3 held as under

JAGJIT SINGH ,PATIALA vs. INCOME TAX OFFICER, WARD-2, PATIALA , PATIALA

In the result we set aside the impugned order and remand the case back to the file of Ld

Bench: This Tribunal. The Assessee Is Aggrieved By The Order Bearing No. Itba/Nfac/S/250/2023- 24/1058720011(1) Dt. 13/12/2023 Of The Ld. Cit(A) Passed Under Section 250 Of The Act Which Is Hereinafter Referred To As The “Impugned Order”. The Relevant Assessment Year Is 2011-12 & The Corresponding Previous Year Period Is From 01/04/2010 To 31/03/2011. 2. Factual Matrix

271(1)(b) Opportunity letter 04 06.2018 11 06.2018 -do- Show cause to penalty u/s 22 06 2018 28 06.2018 -do- 27l(1)(b) Notice u/s 142(1) 19.07.2018 26.07.2018 -do- Notice u/s 142(1) 06.08.2018 13.08.2018 -do- Notice u/s 142(1) 06.09.2018 12.09.2018 -do- Show cause notice 19.09.2018 27.09.2018 -do- Opportunity letter 22 10.2018 26.10.2018 -do- ! 2.5 That

ATAM PARKASH,PATIALA vs. CIT(APPEALS), PATIALA, PATIALA

Bench: SHRI. KRINWANT SAHAY (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

246A of the Act as he was aggrieved by the Assessment Order dt. 11/02/2014 passed under section 144 of the Act. 2. Factual Matrix 2.1 That the assessee filed return declaring on income of Rs. 4,44,070/- on 31/03/2012. Thereafter, the case was selected for scrutiny through CASS. Notice under section

KANGRA VALLEY GARDEN HOTELS PRIVATE LIMITED,KANGRA vs. INCOME TAX OFFICER, WARD DHARAMSHALA, HIMACHAL PRADESH, DHARAMSHALA

Appeal of the assessee is allowed as and by

Bench: This Tribunal As & By Way Of Second Appeal.

u/s 68 were completely looked into. (ii) Commissioner of Income Tax vs. Nr Portfolio Pvt. Ltd. on 22 November, 2013 "Whether or not onus is discharged depends upon facts of each case. It depends on whether the two parties are related or known to each; the manner or mode by which the parties approached each other, whether the transaction

KANGRA VALLEY GARDEN HOTELS PRIVATE LIMITED,KANGRA vs. INCOME TAX OFFICER, WARD DHARAMSHALA, HIMACHAL PRADESH, DHARAMSHALA

Appeal of the assessee is allowed as and by

Bench: This Tribunal As & By Way Of Second Appeal.

u/s 68 were completely looked into. (ii) Commissioner of Income Tax vs. Nr Portfolio Pvt. Ltd. on 22 November, 2013 "Whether or not onus is discharged depends upon facts of each case. It depends on whether the two parties are related or known to each; the manner or mode by which the parties approached each other, whether the transaction

KANGRA VALLEY GARDEN HOTELS PRIVATE LIMITED,KANGRA vs. INCOME TAX OFFICER, WARD DHARAMSHALA, HIMACHAL PRADESH, DHARAMSHALA

Appeal of the assessee is allowed as and by

Bench: This Tribunal As & By Way Of Second Appeal.

u/s 68 were completely looked into. (ii) Commissioner of Income Tax vs. Nr Portfolio Pvt. Ltd. on 22 November, 2013 "Whether or not onus is discharged depends upon facts of each case. It depends on whether the two parties are related or known to each; the manner or mode by which the parties approached each other, whether the transaction