Search: penalty u/s 271

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

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Section 271G6 Section 92D6 Section 271A3 Penalty2

DCIT, CHENNAI vs. DISHNET WIRELESS LTD., CHENNAI

In the result, the Revenue’s appeal is dismissed

ITA 1278/CHNY/2016[2005-06]Status: DisposedITAT Chennai06 Sept 2017AY 2005-06

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Appellant: Shri. Sreenivasan, JCIT

Section 271GSection 273Section 92A(1)Section 92CSection 92D

2,18,750/- as per Form 3CEB , which exceeded Rs. 15 crores for assessment year 2005-06, the AO made a reference to the TPO u/s. 92A(1) for determining Arm’s Length Price. The TPO in her order dated 20.10.2008 has concluded that no adjustment was necessary to the value of international transactions entered into by the assessee. However

AUGUSTAN KNITWEAR P LTD.,COIMBATORE vs. ACIT, COIMBATORE

In the result, the appeal of the assessee in ITA

ITA 538/CHNY/2015[2011-2012]Status: DisposedITAT Chennai05 Feb 2016AY 2011-2012

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

For Appellant: Shri. T. Banusekar, C.A ""For Respondent: Shri. R. Durai Pandian, IRS, JCIT

Section 271ASection 92DSection 92D(1)Section 92D(3)

G. PAVAN KUMAR, JUDICIAL MEMBER: The appeal filed by the assessee is directed against order of the Commissioner of Income-tax (Appeals)-1, Coimbatore in ITA :- 2 -: No.122/14-15, dated 26.02.2015 for the assessment year 2011-2012 passed u/s.271AA and 250 of the Income Tax Act, 1961 (herein after referred to as ‘the Act’). The assessee has raised the grounds that