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3 results for “penalty u/s 271”+ Section 202clear

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Key Topics

Section 271(1)(c)7Section 133A2Section 143(3)2Section 1482Penalty2Addition to Income2

M/S. JOSEPH GEORGE & CO.,,PATHANAPURAM vs. THE ITO, KOLLAM

In the result, the appeal filed by the assessee is dismissed

ITA 323/COCH/2016[1996-97]Status: DisposedITAT Cochin19 May 2017AY 1996-97

Bench: S/Shri Abraham P. George, Am & George George K., Jm

Section 143(3)Section 147Section 148Section 271(1)(c)

section 147 of the Act was completed by the Assessing Officer vide order dated 11/01/2001 wherein the Assessing Officer had calculated short term capital gains of Rs.6,43,779/- on sale of shops. The calculation of short term capital gains is as follows: The sold shop building Rs.10,10,000/- (sale consideration

M/S.KOTTAKKAL WOOD COMPLEX,KOTTAKKAL vs. THE ITO, TIRUR

In the result, the appeals of the assessee are allowed and the Stay Petitions

ITA 593/COCH/2019[2002-03]Status: DisposedITAT Cochin03 Mar 2020AY 2002-03

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

Section 133ASection 143(3)Section 153ASection 260ASection 271(1)(c)

271(1)(c) (Rs.) 2002-03 6,23,108/- 2003-04 12,01,918/ 2004-05 6,95,852/ 2005-06 4,68,202/- 2006-07 2,44,553/- 2007-08 2,68,385/- 2008-09 1,77,154/-. 4. On appeal, the CIT(A) observed that the main issue is penalty imposed by the AO on account of addition

SHOBHA RAMAKRISHNANA NAIR,ERNAKULAM vs. ITO, WARD 2, ALUVA

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

ITA 810/COCH/2024[2016-17]Status: DisposedITAT Cochin02 Apr 2025AY 2016-17

Bench: Shri Inturi Rama Rao & Shri Keshav Dubeyassessment Year: 2016-17 Shobha Ramakrishnan Nair Karthika Sebipuram Ito Ernakulam Ward-2 Vs. Manjapra So Aluva Kerala 683581 Pan No :Awrpr5406L Appellant Respondent Appellant By : None Respondent By : Smt. Leena Lal, Sr. D.R. Date Of Hearing : 30.01.2025 Date Of Pronouncement : 02.04.2025 O R D E R Per Keshav Dubey: This Appeal At The Instance Of The Assessee Is Directed Against The Order Of Ld. Cit(A)/Nfac Dated 22.12.2023 Vide Din & Order No. Itba/Nfac/S/250/2023-24/1059003947(1) For The Ay 2016- 17 Passed U/S 250 Of The Income Tax Act, 1961 (In Short “The Act”).

For Appellant: NoneFor Respondent: Smt. Leena Lal, Sr. D.R
Section 250

202 days in filing the appeal before this Tribunal. Accordingly, the delay is condoned and the appeal is taken up for adjudication on merits. 4. Now the brief fact of the case are that as per the information, the assessee has made substantial cash deposit of Rs. 1,84,54,000/- in his saving account number 30360061935 in State Bank