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36 results for “penalty u/s 271”+ Section 153A(1)(b)clear

Sorted by relevance

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Key Topics

Section 271(1)(c)81Section 153A55Addition to Income30Section 13227Penalty25Section 27114Section 249(2)12Section 14412Section 143(3)

THE DCIT,CEN-CIRCLE-2, KOCHI, KOCHI vs. SRI. SINKARAM M. CHETTIAR, ERNAKULAM

In the result, the appeals filed by the Revenue are allowed

ITA 372/COCH/2017[2009-10]Status: DisposedITAT Cochin02 Aug 2018AY 2009-10

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.368-373/Coch/2017 Assessment Years : 2005-06 To 2010-11 The Deputy Commissioner Of Vs. Shri Sinkaram Chettiar, Income-Tax, Central Circle-2, Arun Niwas, Ernakulam, Kochi. 43/986, Ayyappankavu, Ernakulam, Kochi. [Pan: Ahepm 6323R]

Section 132Section 143(3)Section 153ASection 271(1)(c)

153A of the Act. Finally, penalty was levied u/s. 271(1)(c) of the Act for the above assessment years vide order dated 23/02/2016. The CIT(A) has given relief to the assessee by placing reliance on Explanation 5 to I.T.A. Nos.368-373/C2017/ section 271(1)(c) of the Act. The relevant provision applicable to the case is 271(1

Showing 1–20 of 36 · Page 1 of 2

12
Condonation of Delay12
Unexplained Investment11
Section 2744

THE DCIT,CEN-CIRCLE-2, KOCHI, KOCHI vs. SRI. SINKARAM M. CHETTIAR, ERNAKULAM

In the result, the appeals filed by the Revenue are allowed

ITA 370/COCH/2017[2007-08]Status: DisposedITAT Cochin02 Aug 2018AY 2007-08

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.368-373/Coch/2017 Assessment Years : 2005-06 To 2010-11 The Deputy Commissioner Of Vs. Shri Sinkaram Chettiar, Income-Tax, Central Circle-2, Arun Niwas, Ernakulam, Kochi. 43/986, Ayyappankavu, Ernakulam, Kochi. [Pan: Ahepm 6323R]

Section 132Section 143(3)Section 153ASection 271(1)(c)

153A of the Act. Finally, penalty was levied u/s. 271(1)(c) of the Act for the above assessment years vide order dated 23/02/2016. The CIT(A) has given relief to the assessee by placing reliance on Explanation 5 to I.T.A. Nos.368-373/C2017/ section 271(1)(c) of the Act. The relevant provision applicable to the case is 271(1

THE DCIT,CEN-CIRCLE-2, KOCHI, KOCHI vs. SRI. SINKARAM M. CHETTIAR, ERNAKULAM

In the result, the appeals filed by the Revenue are allowed

ITA 373/COCH/2017[2010-11]Status: DisposedITAT Cochin02 Aug 2018AY 2010-11

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.368-373/Coch/2017 Assessment Years : 2005-06 To 2010-11 The Deputy Commissioner Of Vs. Shri Sinkaram Chettiar, Income-Tax, Central Circle-2, Arun Niwas, Ernakulam, Kochi. 43/986, Ayyappankavu, Ernakulam, Kochi. [Pan: Ahepm 6323R]

Section 132Section 143(3)Section 153ASection 271(1)(c)

153A of the Act. Finally, penalty was levied u/s. 271(1)(c) of the Act for the above assessment years vide order dated 23/02/2016. The CIT(A) has given relief to the assessee by placing reliance on Explanation 5 to I.T.A. Nos.368-373/C2017/ section 271(1)(c) of the Act. The relevant provision applicable to the case is 271(1

THE DCIT,CEN-CIRCLE-2, KOCHI, KOCHI vs. SRI. SINKARAM M. CHETTIAR, ERNAKULAM

In the result, the appeals filed by the Revenue are allowed

ITA 371/COCH/2017[2008-09]Status: DisposedITAT Cochin02 Aug 2018AY 2008-09

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.368-373/Coch/2017 Assessment Years : 2005-06 To 2010-11 The Deputy Commissioner Of Vs. Shri Sinkaram Chettiar, Income-Tax, Central Circle-2, Arun Niwas, Ernakulam, Kochi. 43/986, Ayyappankavu, Ernakulam, Kochi. [Pan: Ahepm 6323R]

Section 132Section 143(3)Section 153ASection 271(1)(c)

153A of the Act. Finally, penalty was levied u/s. 271(1)(c) of the Act for the above assessment years vide order dated 23/02/2016. The CIT(A) has given relief to the assessee by placing reliance on Explanation 5 to I.T.A. Nos.368-373/C2017/ section 271(1)(c) of the Act. The relevant provision applicable to the case is 271(1

THE DCIT,CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. SRI.SINKARAM M.CHETTIAR, ERNAKULAM, ERNAKULAM

In the result, the appeals filed by the Revenue are allowed

ITA 368/COCH/2017[2005-06]Status: DisposedITAT Cochin02 Aug 2018AY 2005-06

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.368-373/Coch/2017 Assessment Years : 2005-06 To 2010-11 The Deputy Commissioner Of Vs. Shri Sinkaram Chettiar, Income-Tax, Central Circle-2, Arun Niwas, Ernakulam, Kochi. 43/986, Ayyappankavu, Ernakulam, Kochi. [Pan: Ahepm 6323R]

Section 132Section 143(3)Section 153ASection 271(1)(c)

153A of the Act. Finally, penalty was levied u/s. 271(1)(c) of the Act for the above assessment years vide order dated 23/02/2016. The CIT(A) has given relief to the assessee by placing reliance on Explanation 5 to I.T.A. Nos.368-373/C2017/ section 271(1)(c) of the Act. The relevant provision applicable to the case is 271(1

THE DCIT,CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. SRI.SINKARAM M.CHETTIAR, ERNAKULAM, ERNAKULAM

In the result, the appeals filed by the Revenue are allowed

ITA 369/COCH/2017[2006-07]Status: DisposedITAT Cochin02 Aug 2018AY 2006-07

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.368-373/Coch/2017 Assessment Years : 2005-06 To 2010-11 The Deputy Commissioner Of Vs. Shri Sinkaram Chettiar, Income-Tax, Central Circle-2, Arun Niwas, Ernakulam, Kochi. 43/986, Ayyappankavu, Ernakulam, Kochi. [Pan: Ahepm 6323R]

Section 132Section 143(3)Section 153ASection 271(1)(c)

153A of the Act. Finally, penalty was levied u/s. 271(1)(c) of the Act for the above assessment years vide order dated 23/02/2016. The CIT(A) has given relief to the assessee by placing reliance on Explanation 5 to I.T.A. Nos.368-373/C2017/ section 271(1)(c) of the Act. The relevant provision applicable to the case is 271(1

MS.KALLIYATH CYRIL RAJU,COCHIN vs. THE DCIT, COCHIN

In the result, the appeals filed by the assessee are allowed

ITA 54/COCH/2017[2010-11]Status: DisposedITAT Cochin24 May 2018AY 2010-11

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 132Section 139Section 153ASection 271Section 271(1)(c)Section 274

penalty levied by the Assessing Officer u/s. 271(1)(c) of the Act amounting to Rs.60,227/- for the assessment year 2010-11 and Rs.99,300/- for the assessment year 2011-12. 4. We have heard the rival submissions and perused the record. In the present case, a search u/s. 132 of the Act was carried out at the residential

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 49/COCH/2014[2006-07]Status: DisposedITAT Cochin30 Apr 2019AY 2006-07

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 46/COCH/2014[2003-04]Status: DisposedITAT Cochin30 Apr 2019AY 2003-04

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 47/COCH/2014[2004-05]Status: DisposedITAT Cochin30 Apr 2019AY 2004-05

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 50/COCH/2014[2007-08]Status: DisposedITAT Cochin30 Apr 2019AY 2007-08

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SMT.ASHA MENON( ASHA SUNIL),COCHIN vs. THE ACIT(CEN,CIRCLE, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 596/COCH/2018[2008-09]Status: DisposedITAT Cochin30 Apr 2019AY 2008-09

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SMT.ASHA MENON( ASHA SUNIL),COCHIN vs. THE ACIT(CEN,CIRCLE, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 595/COCH/2018[2007-08]Status: DisposedITAT Cochin30 Apr 2019AY 2007-08

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SMT.ASHA MENON( ASHA SUNIL),COCHIN vs. THE DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 594/COCH/2018[2006-07]Status: DisposedITAT Cochin30 Apr 2019AY 2006-07

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 48/COCH/2014[2005-06]Status: DisposedITAT Cochin30 Apr 2019AY 2005-06

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

ITA 51/COCH/2014[2008-09]Status: DisposedITAT Cochin30 Apr 2019AY 2008-09

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

u/s. 271(1)(c) of the Act for the assessment years 2006-07 to 2008-09. The assessee has also filed Stay Petitions seeking stay of penalty in respect of the above cases. 10. The facts of the case are that a search under section 132 of the Act was conducted at the residence of Smt Asha Sunil

SRI.ALAVIKUTTY,VENGARA,MALAPPURAM vs. THE DCIT, CALICUT

In the result, the appeal of the assessee is allowed

ITA 524/COCH/2018[2007-08]Status: DisposedITAT Cochin24 Jan 2019AY 2007-08

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 132Section 153Section 153ASection 271(1)Section 271(1)(c)Section 27I(1)Section 27I(1)(c)

153A r.w.s 153C was issued to the assessee for the assessment year 2007-08. The return of Income was filed on 10-12-2009 declaring an income of Rs. Nil. The assessment was completed on 31/12/2009 on a total income of Rs. 13,13,400/- taking into account the investments made and the short term capital gains accrued

MR.BABU MATHEW,COCHIN vs. THE ACIT, COCHIN

In the result, both the appeals of the assessee are allowed

ITA 96/COCH/2016[2009-10]Status: DisposedITAT Cochin19 Jan 2018AY 2009-10

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 133ASection 139(1)Section 143(3)Section 148Section 271(1)(c)Section 69

153A which provides immunity to the penalty proceedings if the assessee comes out with a concealed income during the course of survey. It is noteworthy that survey operations are carried out in order to find out the actual facts and transactions recorded in the books of account and only after getting confronted with the same the assessee has come

MR.BABU MATHEW,COCHIN vs. THE ACIT, COCHIN

In the result, both the appeals of the assessee are allowed

ITA 95/COCH/2016[2008-09]Status: DisposedITAT Cochin19 Jan 2018AY 2008-09

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 133ASection 139(1)Section 143(3)Section 148Section 271(1)(c)Section 69

153A which provides immunity to the penalty proceedings if the assessee comes out with a concealed income during the course of survey. It is noteworthy that survey operations are carried out in order to find out the actual facts and transactions recorded in the books of account and only after getting confronted with the same the assessee has come

DY.CIT, CIRCLE 1(1) & TPS, THRISSUR, THRISSUR vs. ARUN MAJEED, THRISSUR

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

ITA 388/COCH/2025[2013-14]Status: DisposedITAT Cochin31 Jul 2025AY 2013-14

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm Assessment Year: 2013-14 Dy. Cit, Circle 1(1) & Tps, Thrissur .......... Appellant [Pan: Adopa9351R] Vs. Arun Majeed .......... Respondent Palak Velyannur Temple Road Veliyannur, Thrissur 680021 Appellant By: Smt. Leena Lal, Sr. D.R. Respondent By: ------- None ------- Date Of Hearing: 05.06.2025 Date Of Pronouncement: 31.07.2025

For Appellant: Smt. Leena Lal, Sr. D.RFor Respondent: ------- None -------
Section 132Section 143(3)Section 153ASection 271(1)(c)Section 271(1)(i)Section 274

u/s. 271(1)(c) were initiated for concealment of income. Accordingly, penalty proceedings were finalised by holding the appellant guilty of concealing income and levied penalty of Rs. 91,86,500/-. On appeal before the CIT(A), the CIT(A) deleted the penalty by holding that the show cause notice issued by the AO is defective