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40 results for “penalty u/s 271”+ Section 63clear

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Key Topics

Section 26343Section 143(3)29Addition to Income21Section 14814Penalty13Section 271(1)(c)12Section 143(2)9Section 251(2)8Section 271F

BALWINDER SINGH,SANGRUR vs. ITO, WARD, SUNAM

In the result, the appeal of the assessee is allowed

ITA 252/CHANDI/2023[2011-12]Status: DisposedITAT Chandigarh26 Apr 2024AY 2011-12

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Dev Ahuja, AdvocateFor Respondent: Smt. Amanpreet Kaur, Sr. DR
Section 139Section 139(1)Section 143(3)Section 144Section 148Section 271F

63,85,000/- in his bank account during the year under consideration and income has been assessed at Rs. 34,37,500/- and therefore the onus to file the return of income lies with the assessee in order to declare true income and disclose the source of cash so deposited and therefore the action of the AO in levy

Showing 1–20 of 40 · Page 1 of 2

8
Section 142(1)7
Deduction6
Bogus Purchases4

CHANDIGARH HOUSING BOARD,CHANDIGARH vs. DCIT, C-1(1), CHANDIGARH

In the result, the Appeal of assessee is partly allowed

ITA 125/CHANDI/2019[2014-15]Status: DisposedITAT Chandigarh31 Jul 2024AY 2014-15

Bench: SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER ANDSHRI PARESH M. JOSHI (Judicial Member)

For Appellant: Shri A.K.Jindal, CA &For Respondent: Shri Rohit Sharma, CIT DR
Section 253Section 271(1)(c)

section 40(a)(ii)of the Income Tax Act, 1961.. 3. 20.11.2018 u/s 250(6) The CIT(A) has confirmed the addition.As the assessee has not filed any appeal with regard to CIT(A) order. Hence, the addition has attained finality. 4. 29.06.2017 u/s 271(l)(c) Penalty was imposed by the Assessing Officer amounting to Rs.8

CHANDIGARH HOUSING BOARD,CHANDIGARH vs. PR.CIT-1, CHANDIGARH

In the result, the Appeal of assessee is partly allowed

ITA 44/CHANDI/2021[2015-16]Status: DisposedITAT Chandigarh31 Jul 2024AY 2015-16

Bench: SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER ANDSHRI PARESH M. JOSHI (Judicial Member)

For Appellant: Shri A.K.Jindal, CA &For Respondent: Shri Rohit Sharma, CIT DR
Section 253Section 271(1)(c)

section 40(a)(ii)of the Income Tax Act, 1961.. 3. 20.11.2018 u/s 250(6) The CIT(A) has confirmed the addition.As the assessee has not filed any appeal with regard to CIT(A) order. Hence, the addition has attained finality. 4. 29.06.2017 u/s 271(l)(c) Penalty was imposed by the Assessing Officer amounting to Rs.8

CHANDIGARH HOUSING BOARD,CHANDIGARH vs. DCIT, C-1(1), CHANDIGARH

In the result, the Appeal of assessee is partly allowed

ITA 126/CHANDI/2019[2014-15]Status: DisposedITAT Chandigarh31 Jul 2024AY 2014-15

Bench: SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER ANDSHRI PARESH M. JOSHI (Judicial Member)

For Appellant: Shri A.K.Jindal, CA &For Respondent: Shri Rohit Sharma, CIT DR
Section 253Section 271(1)(c)

section 40(a)(ii)of the Income Tax Act, 1961.. 3. 20.11.2018 u/s 250(6) The CIT(A) has confirmed the addition.As the assessee has not filed any appeal with regard to CIT(A) order. Hence, the addition has attained finality. 4. 29.06.2017 u/s 271(l)(c) Penalty was imposed by the Assessing Officer amounting to Rs.8

DCIT, C-1(1), CHANDIGARH vs. CHANDIGARH HOUSING BOARD, CHANDIGARH

In the result, the Appeal of assessee is partly allowed

ITA 103/CHANDI/2019[2013-14]Status: DisposedITAT Chandigarh31 Jul 2024AY 2013-14

Bench: SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER ANDSHRI PARESH M. JOSHI (Judicial Member)

For Appellant: Shri A.K.Jindal, CA &For Respondent: Shri Rohit Sharma, CIT DR
Section 253Section 271(1)(c)

section 40(a)(ii)of the Income Tax Act, 1961.. 3. 20.11.2018 u/s 250(6) The CIT(A) has confirmed the addition.As the assessee has not filed any appeal with regard to CIT(A) order. Hence, the addition has attained finality. 4. 29.06.2017 u/s 271(l)(c) Penalty was imposed by the Assessing Officer amounting to Rs.8

SH. DINESH SETHI,LUDHIANA vs. ITO, LUDHIANA

The appeals are dismissed

ITA 376/CHANDI/2014[2006-07]Status: DisposedITAT Chandigarh04 Aug 2025AY 2006-07

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 376/Chd/2014 & "नधा"रण वष" / Assessment Year : 2006-07 Shri Janesh Sethi, Legal Heir Of बनाम The Ito, Late Shri Dinesh Sethi, Ward – 1(1), Vs Prop. M/S R.S. Trading Corp., Ludhiana. C-434, Urban Estate Focal Point, Ludhiana. "थायी लेखा सं./Pan /Tan No: Aaqpk1200Q अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Manav Bansal, Cit Dr तार"ख/Date Of Hearing : 23.06.2025 उदघोषणा क" तार"ख/Date Of Pronouncement : 04.8.2025

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Manav Bansal, CIT DR
Section 131Section 142(1)Section 144Section 147Section 148Section 271(1)(c)Section 69A

penalty order passed u/s 271(1)(c) vide order dated 25.06.2009 against whom appeal has been dismissed by the CIT (Appeals) by way of the impugned order). 2. It has been brought to our notice that assessee Shri Dinesh Sethi has died on 14.02.2024. Death Certificate of the assessee has been annexed by the ld. counsel for the assessee

SHRI DINESH SETHI,LUDHIANA vs. ITO, LUDHIANA

The appeals are dismissed

ITA 338/CHANDI/2017[2006-07]Status: DisposedITAT Chandigarh04 Aug 2025AY 2006-07

Bench: Shri Rajpal Yadav & Shri Manoj Kumar Aggarwalआयकर अपील सं./ Ita No. 376/Chd/2014 & "नधा"रण वष" / Assessment Year : 2006-07 Shri Janesh Sethi, Legal Heir Of बनाम The Ito, Late Shri Dinesh Sethi, Ward – 1(1), Vs Prop. M/S R.S. Trading Corp., Ludhiana. C-434, Urban Estate Focal Point, Ludhiana. "थायी लेखा सं./Pan /Tan No: Aaqpk1200Q अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से/Assessee By : Shri Sudhir Sehgal, Advocate राज"व क" ओर से/ Revenue By : Shri Manav Bansal, Cit Dr तार"ख/Date Of Hearing : 23.06.2025 उदघोषणा क" तार"ख/Date Of Pronouncement : 04.8.2025

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Manav Bansal, CIT DR
Section 131Section 142(1)Section 144Section 147Section 148Section 271(1)(c)Section 69A

penalty order passed u/s 271(1)(c) vide order dated 25.06.2009 against whom appeal has been dismissed by the CIT (Appeals) by way of the impugned order). 2. It has been brought to our notice that assessee Shri Dinesh Sethi has died on 14.02.2024. Death Certificate of the assessee has been annexed by the ld. counsel for the assessee

OSHO FORGE LTD.,LUDHIANA vs. DCIT, LUDHIANA

Appeal of the Assessee is allowed and penalty is deleted

ITA 523/CHANDI/2024[2007-08]Status: DisposedITAT Chandigarh02 Dec 2024AY 2007-08

Bench: Shri Rajpal Yaday & Shri Krinwant Sahayआयकर अपील सं./ Ita No. 523/Chd/2024 "नधा"रण वष" / Assessment Year : 2007-08 Osho Forge Ltd., Vs. Dcit, बनाम D-42, Phase V, Circle 1, Focal Point, Ludhiana, Ludhiana Punjab 141010 "थायी लेखा सं./Pan No: Aaaco3362I अपीलाथ"/Appellant ""यथ"/Respondent ( Hybrid Hearing ) "नधा"रती क" ओर से/Assessee By : Sh. Sarabjit Garg, Ca राज"व क" ओर से/ Revenue By : Sh. Ved Parkash Kalia, Jcit, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 27.11.2024 उदघोषणा क" तार"ख/Date Of Pronouncement : 02.12.2024

For Appellant: Sh. Sarabjit Garg, CAFor Respondent: Sh. Ved Parkash Kalia, JCIT, Sr.DR
Section 132Section 153ASection 250Section 263Section 271Section 271(1)(c)

section 271(1)(c) would be deemed to be representing the income in respect of which inaccurate particulars have been furnished. 11. In the light of the above, if we examine the facts then it would reveal that first addition is on account of difference in opinion between the Assessing Officer as well as the Assessee. The Assessee has neither

M/S SATWANT AGRO ENGINEERS,BHAWANIGARH vs. DCIT, CENTRAL CIRCLE, PATIALA

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

ITA 753/CHANDI/2022[AY 2019-20]Status: DisposedITAT Chandigarh03 May 2024

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Deepak Anand, AdvocateFor Respondent: Shri Dharamvir, JCIT, Sr. DR
Section 115BSection 133ASection 143(2)Section 143(3)Section 68Section 69Section 69A

Penalty proceedings are initiated u/s 271AAC of the Income Tax Act, 1961. The AR has also submitted that the addition in the partner's capita! account of Rs. 50 lacs should be considered as explained under the unaccounted sales transactions of Rs. 42.80 lacs in the impounded documents and other discrepancies of Rs. 7.2 lacs found during the course

SATISH GARG,YAMUNA NAGAR vs. INCOME TAX OFFICER, WARD-4, INCOME TAX OFFICE, YAMUNA NAGAR

In the result, the appeal of the Assessee stands allowed

ITA 254/CHANDI/2024[2016-17]Status: DisposedITAT Chandigarh23 Aug 2024AY 2016-17

Bench: Shri Sanjay Garg & Shri Krinwant Sahayआयकर अपील सं./Ita No 254/Chd/2024 "नधा"रण वष" / Assessment Year : 2016-17 Satish Garg, Vs The Ito, 23, Madhu Colony, Ward-4, Yamunanagar Income Tax Office, Yamunanagar "थायीलेखासं./Pan No: Aawpk7566K अपीलाथ"/Appellant ""यथ"/Respondent

For Appellant: Shri Dhruv Goel, CAFor Respondent: Shri Vivek Vardhan, JCIT, Sr.DR
Section 271

penalty levied by the Assessing Officer of Rs. 1,63,700/- u/s Section 271 (1) (c) of the Income Tax Act, 1961 (in short

M/S ASHA TECHNOLOGIES,SIRMOUR vs. ADDL. CIT, SOLAN

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

ITA 388/CHANDI/2012[2007-08]Status: DisposedITAT Chandigarh19 Jul 2024AY 2007-08

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

For Appellant: Shri Vishal Mohan, Sr. Advocate with Shri Aditya Sood, AdvocateFor Respondent: Shri Sarabjeet Singh, CIT, DR
Section 142(1)Section 143(2)Section 250Section 253Section 80I

section 133(6) the party denied to had any transaction or job work done for the assessee. 8 Sonu Rs.49,775/- Cash Letter issued u/s 133(6) received unserved Engineering Works with the remarks of the post man that "no such person existing at the given address." Above facts were confronted to the assesseee for his comments and explanation

M/S ASHA TECHNOLOGIES,KALA AMB vs. ITO, SIRMOUR

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

ITA 61/CHANDI/2013[2009-10]Status: DisposedITAT Chandigarh19 Jul 2024AY 2009-10

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

For Appellant: Shri Vishal Mohan, Sr. Advocate with Shri Aditya Sood, AdvocateFor Respondent: Shri Sarabjeet Singh, CIT, DR
Section 142(1)Section 143(2)Section 250Section 253Section 80I

section 133(6) the party denied to had any transaction or job work done for the assessee. 8 Sonu Rs.49,775/- Cash Letter issued u/s 133(6) received unserved Engineering Works with the remarks of the post man that "no such person existing at the given address." Above facts were confronted to the assesseee for his comments and explanation

PAWAN KUMAR SINGLA,PANCHKULA vs. DCIT, CC-I, CHANDIGARH

In the result, the assessee’s appeal on the various grounds raised is dismissed

ITA 11/CHANDI/2018[2011-12]Status: DisposedITAT Chandigarh11 Apr 2025AY 2011-12

Bench: Final Hearing.

For Appellant: Shri Ajay Jain, C.AFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 132oSection 143(2)Section 153ASection 153DSection 271(1)(c)

penalty proceedings under Section 271(1)(c) for concealment of income and issued a demand notice with applicable interest. The assessment order was approved by the Addl. CIT under Section 153D of the Act. 5. Against the order of the AO the assessee went in appeal before the Ld. CIT(A).The Ld. CIT(A) addressed three key grounds

M/S LUXMI BUILDERS,CHANDIGARH vs. DCIT, CHANDIGARH

In the result, the respective appeals and stay applications are disposed off in light of aforesaid directions

ITA 451/CHANDI/2022[2012-13]Status: DisposedITAT Chandigarh16 May 2024AY 2012-13

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Shri Rohit Sharma, CIT DR &
Section 132Section 153ASection 153CSection 153DSection 251Section 251(1)Section 271

u/s 153D, as part of the assessment record and draft assessment order, even though addition was made by the Ld. AO on 54 plots for which documents were found during the search. The Ld. AR highlighted the affidavit from Shri Kashmiri Lal which is also part of seized record in respect of those 4 plots which affidavit contained completely different

M/S GANESH BUILDERS,PANCHKULA vs. DCIT, CC-1, CHANDIGARH

In the result, the respective appeals and stay applications are disposed off in light of aforesaid directions

ITA 452/CHANDI/2022[2012-13]Status: DisposedITAT Chandigarh16 May 2024AY 2012-13

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Shri Rohit Sharma, CIT DR &
Section 132Section 153ASection 153CSection 153DSection 251Section 251(1)Section 271

u/s 153D, as part of the assessment record and draft assessment order, even though addition was made by the Ld. AO on 54 plots for which documents were found during the search. The Ld. AR highlighted the affidavit from Shri Kashmiri Lal which is also part of seized record in respect of those 4 plots which affidavit contained completely different

BALWINDER SINGH BAJWA,SANGRUR vs. ITO, WARD, SUNAM

In the result, the appeal of the assessee is allowed

ITA 251/CHANDI/2023[2011-12]Status: DisposedITAT Chandigarh26 Apr 2024AY 2011-12

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Dev Ahuja, AdvocateFor Respondent: Smt. Amanpreet Kaur, Sr. DR
Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 144Section 148Section 69A

63,85,000/- in his bank account maintained with State Bank of India (SBI) during the F.Y. 2010-11, inquiries were conducted under section 133(6) but the assessee was unable to furnish source of cash deposited in his bank account. Thereafter, notice under section 148 was issued dt. 29/03/2018. In response to the notice, the assessee did not file

IPF VIKRAM INDIA PRIVATE LIMITED,CHANDIGARH vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE, PANCHKULA, PANCHKULA

In the result, appeal of the Assessee is allowed for statistical purposes

ITA 1204/CHANDI/2024[2014-15]Status: DisposedITAT Chandigarh30 Dec 2025AY 2014-15

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Tejmohan Singh, AdvocateFor Respondent: Shri Vivek Vardhan, Addl. CIT, Sr. DR
Section 143(3)Section 148

u/s 143(3) on 29.09.2016 and as such upholding of reopening on wrong facts is illegal, arbitrary and unjustified. 4. Without prejudice to the above, the Ld. Commissioner of Income Tax(Appeals) has erred in directing the assessing officer to verify the payment of Rs.18,63,488/- with the due dates of the Employees contribution on the basis of decision

THE SHAHABAD COOP. SUGAR MILLS,SHAHABAD vs. ACIT, CIRCLE, KURUKSHETRA

The appeal is disposed off accordingly as aforesaid

ITA 1491/CHANDI/2018[2008-09]Status: DisposedITAT Chandigarh24 May 2024AY 2008-09

Bench: Us:

For Appellant: Shri Varun Gupta, AdvocateFor Respondent: Shri Dharam Vir, JCIT, Sr. DR
Section 143(3)Section 147Section 154Section 250(6)Section 253Section 36(1)(VA)Section 36(1)(va)Section 43B

63,14,537/ as difference (963497578-947183041) is added back to the assessed income. As the assessee concealed the particulars of income i.e. valuation of closing stock incorrectly, penalty proceedings u/s 271(1) (c) of the I.T.Act are initiated separately. Addition on account of late deposit of EPF:- From the perusal of details of 4. P.F. for the period April

SH. GAURAV PATHAK,LUDHIANA vs. ACIT, CENTRAL CIRCLE-1, LUDHIANA

In the result, the ground no

ITA 413/CHANDI/2021[2012-13]Status: DisposedITAT Chandigarh06 Sept 2024AY 2012-13

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Ashwani Kumar, C.AFor Respondent: Smt. Amanpreet Kaur, Sr. DR
Section 139Section 147Section 148Section 250(6)Section 271(1)

section 147 r.w.s 144 of the Act, dt. 17/12/2019 wherein an amount of Rs. 2,62,37,267/- was brought to tax in the hands of the assessee for the reason that the assessee was involved in doing business of accommodation entry and has earned commission income which was determined by the AO at the rate

BAHADUR SINGH ,ZIRAKPUR vs. ITO WARD 3(5), CHANDIGARH

In the result, appeal of the Assesee is allowed for statistical purposes

ITA 706/CHANDI/2023[2012-13]Status: DisposedITAT Chandigarh02 Apr 2025AY 2012-13

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Ajay Jain, C.AFor Respondent: Shri Vivek Vardhan, Addl. CIT, Sr. DR
Section 143(3)Section 148Section 54B

section 114(g) of Indian Evidence Act, 1872 lays a presumption that evidence which could be and is not produced, would, if produced, be unfavourable to the person who withholds it. In the appellate proceedings, burden of proof lies on the Assessee to prove that facts and findings of the AO are incorrect. If the assessee fails to disprove