M/S. PASUPATI BREEDING FARM PVT. LTD.,CUTTACK vs. ACIT, CENTRAL CIRCLE, CUTTACK

In the result, all the appeals of the all the assessees are allowed

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1). (3) The provisions of sections 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation.--For the purposes of this section,-- (a) "specified date" means the due date of furnishing

M/S. PRAGATI MILK PRODUCT PVT. LTD.,CUTTACK vs. ACIT, CENTRAL CIRCLE, CUTTACK

In the result, all the appeals of the all the assessees are allowed

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1). (3) The provisions of sections 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation.--For the purposes of this section,-- (a) "specified date" means the due date of furnishing

M/S. PRAMOD KUMAR ROUT,CUTTACK vs. ACIT, CENTRAL CIRCLE, CUTTACK

In the result, all the appeals of the all the assessees are allowed

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1). (3) The provisions of sections 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation.--For the purposes of this section,-- (a) "specified date" means the due date of furnishing

TRIJAL ENTERPRISE PRIVATE LIMITED,BHUBANESWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2,BHUBANESWAR, BHUBANESWAR

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

Bench: Shri George Mathan & Shri Rajesh Kumarआयकर अपील सं/Ita No.261, 262 & 263/Ctk/2025 (नििाारण वर्ा / Assessment Year : 2017-18, 2018-19 & 2019-20) Trijal Enterprise Private Limited Vs Acit, Central Circle-2, At-Hall No.6, Block-2, Bmc Bhubaneswar Bhawani Mall, Saheed Nagar, Khordha-751007, Bhubaneswar Pan No. :Aafct 9662 B (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) नििााररती की ओर से /Assessee By : Shri P.K.Mishra, Ar राजस्व की ओर से /Revenue By : Shri Ashim Kumar Chakraborty, Cit-Dr सुनवाई की तारीख / Date Of Hearing : 02/12/2025 घोषणा की तारीख/Date Of Pronouncement : 02/12/2025 आदेश / O R D E R Per Bench : These Are The Three Appeals Filed By The Assessee Against The Separate Orders Passed By The Ld. Cit(A), Bhubaneswar-2, All Dated 25.03.2025 For The Assessment Years 2017-2018, 2018-2019 & 2019-2020 Confirming The Penalty Levy Under 270A Of The Act. 2. It Was Submitted By The Ld. Ar That For The Impugned Assessment Years The Assessee Has Filed Original Return For The Assessment Year 2017- 18 Disclosing A Loss Of Rs.8,30,930/-, For The Assessment Year 2018-19 Income Of Rs.20,46,140/- & For Assessment Year 2019-20 An Income Of Rs.17,27,850/-. There Was A Search On The Premises Of The Assessee On 03/04/2019. In Response To Notice Issued U/S.153A Of The Act, The Assessee Filed His Return Of Income For The Assessment Year 2017-18 Disclosing A Loss

271 AAB (1A) of the Act penalty is leviable on the assessee. Therefore, we are of the opinion that the notice initiating penalty u/s 271AAB of the Act is vague and the assessee was not made aware of the actual charge on which the penalty proceedings will be initiated on the assessee. The various judicial precedents have held that

TRIJAL ENTERPRISE PRIVATE LIMITED,BHUBANESWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, BHUBANESWAR, BHUBANESWAR

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

Bench: Shri George Mathan & Shri Rajesh Kumarआयकर अपील सं/Ita No.261, 262 & 263/Ctk/2025 (नििाारण वर्ा / Assessment Year : 2017-18, 2018-19 & 2019-20) Trijal Enterprise Private Limited Vs Acit, Central Circle-2, At-Hall No.6, Block-2, Bmc Bhubaneswar Bhawani Mall, Saheed Nagar, Khordha-751007, Bhubaneswar Pan No. :Aafct 9662 B (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) नििााररती की ओर से /Assessee By : Shri P.K.Mishra, Ar राजस्व की ओर से /Revenue By : Shri Ashim Kumar Chakraborty, Cit-Dr सुनवाई की तारीख / Date Of Hearing : 02/12/2025 घोषणा की तारीख/Date Of Pronouncement : 02/12/2025 आदेश / O R D E R Per Bench : These Are The Three Appeals Filed By The Assessee Against The Separate Orders Passed By The Ld. Cit(A), Bhubaneswar-2, All Dated 25.03.2025 For The Assessment Years 2017-2018, 2018-2019 & 2019-2020 Confirming The Penalty Levy Under 270A Of The Act. 2. It Was Submitted By The Ld. Ar That For The Impugned Assessment Years The Assessee Has Filed Original Return For The Assessment Year 2017- 18 Disclosing A Loss Of Rs.8,30,930/-, For The Assessment Year 2018-19 Income Of Rs.20,46,140/- & For Assessment Year 2019-20 An Income Of Rs.17,27,850/-. There Was A Search On The Premises Of The Assessee On 03/04/2019. In Response To Notice Issued U/S.153A Of The Act, The Assessee Filed His Return Of Income For The Assessment Year 2017-18 Disclosing A Loss

271 AAB (1A) of the Act penalty is leviable on the assessee. Therefore, we are of the opinion that the notice initiating penalty u/s 271AAB of the Act is vague and the assessee was not made aware of the actual charge on which the penalty proceedings will be initiated on the assessee. The various judicial precedents have held that

TRIJAL ENTERPRISE PRIVATE LIMITED,BHUBANESWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2,BHUBANESWAR, BHUBANESWAR

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

Bench: Shri George Mathan & Shri Rajesh Kumarआयकर अपील सं/Ita No.261, 262 & 263/Ctk/2025 (नििाारण वर्ा / Assessment Year : 2017-18, 2018-19 & 2019-20) Trijal Enterprise Private Limited Vs Acit, Central Circle-2, At-Hall No.6, Block-2, Bmc Bhubaneswar Bhawani Mall, Saheed Nagar, Khordha-751007, Bhubaneswar Pan No. :Aafct 9662 B (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) नििााररती की ओर से /Assessee By : Shri P.K.Mishra, Ar राजस्व की ओर से /Revenue By : Shri Ashim Kumar Chakraborty, Cit-Dr सुनवाई की तारीख / Date Of Hearing : 02/12/2025 घोषणा की तारीख/Date Of Pronouncement : 02/12/2025 आदेश / O R D E R Per Bench : These Are The Three Appeals Filed By The Assessee Against The Separate Orders Passed By The Ld. Cit(A), Bhubaneswar-2, All Dated 25.03.2025 For The Assessment Years 2017-2018, 2018-2019 & 2019-2020 Confirming The Penalty Levy Under 270A Of The Act. 2. It Was Submitted By The Ld. Ar That For The Impugned Assessment Years The Assessee Has Filed Original Return For The Assessment Year 2017- 18 Disclosing A Loss Of Rs.8,30,930/-, For The Assessment Year 2018-19 Income Of Rs.20,46,140/- & For Assessment Year 2019-20 An Income Of Rs.17,27,850/-. There Was A Search On The Premises Of The Assessee On 03/04/2019. In Response To Notice Issued U/S.153A Of The Act, The Assessee Filed His Return Of Income For The Assessment Year 2017-18 Disclosing A Loss

271 AAB (1A) of the Act penalty is leviable on the assessee. Therefore, we are of the opinion that the notice initiating penalty u/s 271AAB of the Act is vague and the assessee was not made aware of the actual charge on which the penalty proceedings will be initiated on the assessee. The various judicial precedents have held that

DCIT CENTRAL CIRCLE-2, BHUBANESWAR vs. M/S. HOTEL SUKHAMAYA PVT. LTD, BHUBANESWAR

In the result, all the three appeals of the Revenue are dismissed

132 of Paper Book. from its sister concerns or repaid the same in cash. Many of them are partnership firms and one of them is a limited company It is also not in dispute that the managing partner of the assessee firm is also the Managing partner of sister concern. It is also not in dispute that the managing partner

DCIT CENTRAL CIRCLE-2, BHUBANESWAR vs. M/S. HOTEL SUKHAMAYA PVT. LTD, BHUBANESWAR

In the result, all the three appeals of the Revenue are dismissed

132 of Paper Book. from its sister concerns or repaid the same in cash. Many of them are partnership firms and one of them is a limited company It is also not in dispute that the managing partner of the assessee firm is also the Managing partner of sister concern. It is also not in dispute that the managing partner

MD. MAHATAB ALAM,BHUBANESWAR vs. DCIT, CENTRAL CIRCLE-2, BHUBANESWAR

In the result, the appeals of the assessee are allowed

Bench: Shri George Mathan, Jm & Shri Rajesh Kumar, Am

271(1)(c) of the Income-tax Act, 1961 (the Act) confirmed by the ld. CIT (A) and ITA no. 116/CTK/2025, was against the penalty levied u/s 270A of the Act as confirmed by the ld. CIT (A). It was the submission that the assessee is a dealer in fish. It was submitted that a search was conducted u/s 132

MD. MAHATAB ALAM,BHUBANESWAR vs. DCIT,CENTRAL CIRCLE-2, BHUBANESWAR

In the result, the appeals of the assessee are allowed

Bench: Shri George Mathan, Jm & Shri Rajesh Kumar, Am

271(1)(c) of the Income-tax Act, 1961 (the Act) confirmed by the ld. CIT (A) and ITA no. 116/CTK/2025, was against the penalty levied u/s 270A of the Act as confirmed by the ld. CIT (A). It was the submission that the assessee is a dealer in fish. It was submitted that a search was conducted u/s 132

SERAJUDDIN & CO. (P) LTD,BHUBANESWAR vs. ACIT, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

SERAJUDDIN & CO. (P) LTD,BHUBANESWAR vs. ACIT, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

F SERAJUDDIN EXPORTS (P) LTD,BHUBANESWAR vs. ACIT, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

MD. MOFAZZALUR RAHAMAN,KEONJHAR vs. ACIT, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

YAZDANI INTERNATIONAL (P) LTD,BHUBANESWAR vs. ACIT, CIRCLE-1(2), BHUBANESWAR, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

F SERAJUDDIN EXPORTS (P) LTD,BHUBANESWAR vs. ACIT, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

ALIZA INTERNATIONAL (P) LTD,BHUBANESWAR vs. ACIT, CIRCLE-1(2), BHUBANESWAR, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed

MD. MOFAZZALUR RAHAMAN,KEONJHAR vs. ACIT, BHUBANESWAR

In the result, appeals of the all the assessees are dismissed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अपीऱ सं./Ita No.29 & 30/Ctk/2014 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Md. Mofazzalur Rahman, Vs. Acit, Circle-1(2), Serajuddin Square(Near Masjid) Bhubaneswar At/Po: Keonjhar-758001 स्थायी लेखा सं./Panno. : Abypr 0862 J & आयकर अपीऱ सं./Ita Nos.575 & 576/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) F.Serajuddin Exports (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aabcf 1469 J & आयकर अपीऱ सं./Ita Nos.577 &578/Ctk/2013 (नििाारण वषा / Assessment Years :2008-2009 & 2009-2010) Serajuddin & Co. (P) Ltd. Vs. Acit, Circle-1(2), Fortune Tower, 7Th Floor, Bhubaneswar Chandrasekharpur, Bhubaneswar-751007 स्थायी लेखा सं./Panno. : Aaics 3545 F & आयकर अपीऱ सं./Ita No.15/Ctk/2014 (नििाारण वषा / Assessment Year :2009-2010) Aliza International (P) Ltd., Vs. Acit, Circle-1(2), Hig-19, Bda Housing Board Bhubaneswar Colony, Jaydev Vihar, Bhubaneswar-751013 स्थायी लेखा सं./Panno. : Aafca 9579 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. आयकर अपीऱ सं./Ita No.16 & 17/Ctk/2014 (नििाारण वषा / Assessment Year :2008-2009 & 2009-2010) Yazdani International (P) Ltd., Vs. Acit, Circle-1(2), 7Th Floor, C-Wing, Bhubaneswar Fortune Tower, Bhubaneswar-751023 स्थायी लेखा सं./Panno. : Aaacy 2872 M (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) ..

132 Interest u/s.234C- --------- Total tax & interest payable 3,34,22,204 Less : Tax paid : NIL Net Tax Payable : 3,34,22,204 Assessed u/s.143(3) /153A/144 of the I.T. Act, 1961 on a total income of Rs. 6,140/-. Penalty U/s 271(l)(c) is initiated. Issued demand notice and a copy of the order.” 5. Accordingly, the AO framed