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4 results for “penalty u/s 271”+ Unexplained Cash Creditclear

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Key Topics

Section 269S8Section 271D4Section 684Penalty4Addition to Income4Section 1322Section 143(3)2Section 271(1)(c)2Search & Seizure

DIBYAJYOTI CHEMICALS PVT. LTD.,DHENKANAL vs. DCIT, CIRCLE-1(1), BHUBANESWAR

In the result, appeal of the assessee in ITA No

ITA 51/CTK/2016[2011-12]Status: DisposedITAT Cuttack08 Jan 2020AY 2011-12

Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahu

For Appellant: Shri P.K.Harichandan, ARFor Respondent: Shri J.K.Lenka, DR
Section 143(3)Section 271(1)(c)Section 68

unexplained cash credit u/s.68 of the Act. 4. Facts in brief as emanated from the orders of lower authorities are that during the course of assessment proceedings, the Assessing officer noticed that the assessee has shown unsecured loans of Rs.43,04,368/-. The Assessing Officer required the assessee to furnish its bank accounts and the details of all the loan

DIBYAJYOTI CHEMICALS PVT. LTD.,DHENKANAL vs. DCIT, CIRCLE-1(1), BHUBANESWAR

2
Unexplained Cash Credit2
Cash Deposit2

In the result, appeal of the assessee in ITA No

ITA 320/CTK/2018[2011-12]Status: DisposedITAT Cuttack08 Jan 2020AY 2011-12

Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahu

For Appellant: Shri P.K.Harichandan, ARFor Respondent: Shri J.K.Lenka, DR
Section 143(3)Section 271(1)(c)Section 68

unexplained cash credit u/s.68 of the Act. 4. Facts in brief as emanated from the orders of lower authorities are that during the course of assessment proceedings, the Assessing officer noticed that the assessee has shown unsecured loans of Rs.43,04,368/-. The Assessing Officer required the assessee to furnish its bank accounts and the details of all the loan

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

ITA 205/CTK/2022[2009-10]Status: DisposedITAT Cuttack18 Sept 2024AY 2009-10
Section 132Section 269SSection 271D

credit co-operative society, had repaid deposits to the tune of Rs.74,08,545/- in cash to various persons during the previous year relevant to the assessment year 1998-99. The Joint Commissioner issued a notice under section 274 read with section 271E of the Income-tax Act to the assessee. The assessee's submission was that it catered

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

ITA 206/CTK/2022[2012-13]Status: DisposedITAT Cuttack18 Sept 2024AY 2012-13
Section 132Section 269SSection 271D

credit co-operative society, had repaid deposits to the tune of Rs.74,08,545/- in cash to various persons during the previous year relevant to the assessment year 1998-99. The Joint Commissioner issued a notice under section 274 read with section 271E of the Income-tax Act to the assessee. The assessee's submission was that it catered