AROMATRIX FLORA (P) LTD.,NEW DELHI vs. ACIT CIRCLE 1(1), NEW DELHI

In the result, appeal of the assessee is allowed

penalty u/s 271(1)(c) could not be levied.", "result": "Allowed", "sections": [ "271(1)(c)", "80-IC", "143(3)", "147", "148", "250", "115JB", "139(1)", "234B

ULO SYSTEMS LLC,GURGAON vs. DCIT, DEHRADUN

In the result appeals filed by assessee stands partly allowed as indicated above

Bench: Smt. Beena A Pillai & Shri Prashant Maharishiay: 2008-09 Ay: 2009-10 Ay: 2010-11 Ay: 2011-12 Ay: 2012-13 M/S Ulo Systems Llc Dcit, C/O S.R.Batliboi & Co., International Taxation Golf View Corporate Tower B Vs. Dehradun Near Dlf Golf Course Sector 42 Gurgaon 122 002

234B of the Act is not leviable to a non-resident assessee. 8. Ground 8: erred in initiating penalty proceedings under section 271 (1 )(c) of the Act without appreciating that the appellant has neither concealed nor furnished any inaccurate particulars of income. 9. Ground 9: initiation of penalty proceedings u/s

ULO SYSTEMS LLC,GURGAON vs. ADIT INTL. TAXATION, DEHRADUN

In the result appeals filed by assessee stands partly allowed as indicated above

Bench: Smt. Beena A Pillai & Shri Prashant Maharishiay: 2008-09 Ay: 2009-10 Ay: 2010-11 Ay: 2011-12 Ay: 2012-13 M/S Ulo Systems Llc Dcit, C/O S.R.Batliboi & Co., International Taxation Golf View Corporate Tower B Vs. Dehradun Near Dlf Golf Course Sector 42 Gurgaon 122 002

234B of the Act is not leviable to a non-resident assessee. 8. Ground 8: erred in initiating penalty proceedings under section 271 (1 )(c) of the Act without appreciating that the appellant has neither concealed nor furnished any inaccurate particulars of income. 9. Ground 9: initiation of penalty proceedings u/s

ULO SYSTEMS LLC.,GURGAON vs. ADIT, DEHRADUN

In the result appeals filed by assessee stands partly allowed as indicated above

Bench: Smt. Beena A Pillai & Shri Prashant Maharishiay: 2008-09 Ay: 2009-10 Ay: 2010-11 Ay: 2011-12 Ay: 2012-13 M/S Ulo Systems Llc Dcit, C/O S.R.Batliboi & Co., International Taxation Golf View Corporate Tower B Vs. Dehradun Near Dlf Golf Course Sector 42 Gurgaon 122 002

234B of the Act is not leviable to a non-resident assessee. 8. Ground 8: erred in initiating penalty proceedings under section 271 (1 )(c) of the Act without appreciating that the appellant has neither concealed nor furnished any inaccurate particulars of income. 9. Ground 9: initiation of penalty proceedings u/s

ULO SYSTEMS LLC,NOIDA vs. DCIT (INTERNATIONAL TAXATION), DEHRADUN

In the result appeals filed by assessee stands partly allowed as indicated above

Bench: Smt. Beena A Pillai & Shri Prashant Maharishiay: 2008-09 Ay: 2009-10 Ay: 2010-11 Ay: 2011-12 Ay: 2012-13 M/S Ulo Systems Llc Dcit, C/O S.R.Batliboi & Co., International Taxation Golf View Corporate Tower B Vs. Dehradun Near Dlf Golf Course Sector 42 Gurgaon 122 002

234B of the Act is not leviable to a non-resident assessee. 8. Ground 8: erred in initiating penalty proceedings under section 271 (1 )(c) of the Act without appreciating that the appellant has neither concealed nor furnished any inaccurate particulars of income. 9. Ground 9: initiation of penalty proceedings u/s

ULO SYSTEMS LLC,GURGAON vs. ADIT, DEHRADUN

In the result appeals filed by assessee stands partly allowed as indicated above

Bench: Smt. Beena A Pillai & Shri Prashant Maharishiay: 2008-09 Ay: 2009-10 Ay: 2010-11 Ay: 2011-12 Ay: 2012-13 M/S Ulo Systems Llc Dcit, C/O S.R.Batliboi & Co., International Taxation Golf View Corporate Tower B Vs. Dehradun Near Dlf Golf Course Sector 42 Gurgaon 122 002

234B of the Act is not leviable to a non-resident assessee. 8. Ground 8: erred in initiating penalty proceedings under section 271 (1 )(c) of the Act without appreciating that the appellant has neither concealed nor furnished any inaccurate particulars of income. 9. Ground 9: initiation of penalty proceedings u/s

ITO, NEW DELHI vs. M/S. MULTIPLEX CAPITAL LTD., NEW DELHI

In the result, the appeal of the Revenue stands dismissed on merits

Bench: Shri Chandra Mohan Garg & Shri L.P. Sahu

Section 115 JB of the Act resulted in calculation of profits at Rs. 40163180. 23. In view thereof, in conclusion, the assessment order records as follows:- "Assessed at Rs. 40163180 u/s 115 JB, being higher of two. Interest u/s 234B and 234C has been charged as per the provisions of Income Tax Act, 1961. Penalty proceedings u/s 271

DCIT, CIRCLE- 16(2), NEW DELHI vs. MINERALS MANAGEMENTS SERVICES INDIA PVT. LTD., NEW DELHI

Bench: Sh. G.S.Pannu, Hon’Ble & Sh. Anubhav Sharmathe Dcit Vs. M/S. Minerals Managements Circle 16(2), Services India Pvt. Ltd. 1104, 11Th Floor, New Delhi Hemkunt Chamber, Nehru Place Pan : Aaacm6334J New Delhi-110019 (Appellant) (Respondent)

u/s 234A, 234B, 234C & 234D as per rules. Penalty proceedings under section 271(1)(C) of the Income Tax Act, 1961 are hereby

M/S. LG ELECTRONICS INC., KOREA (LGEK),NOIDA vs. DCIT (INTERNATIONAL TAXATION), NOIDA

In the result all the 9 appeals filed by the assessee are allowed with above direction for statistical purposes

Bench: Smt Diva Singh & Shri Prashant Maharishi

234B and 234C of the Act without appreciating that the Appellant is a non-resident and tax is deductible from the income of the Appellant. 9. That the AO/DRP has grossly erred in law and facts in initiating the penalty under section 271 (1 )(c) of the Act and alleging that the Appellant has concealed the true and correct particulars

LG ELECTRONICS INC., KOREA (LGEK),NOIDA vs. DCIT, CIRCLE- NOIDA, INTERNATIONAL TAXATION, NOIDA

In the result all the 9 appeals filed by the assessee are allowed with above direction for statistical purposes

Bench: Smt Diva Singh & Shri Prashant Maharishi

234B and 234C of the Act without appreciating that the Appellant is a non-resident and tax is deductible from the income of the Appellant. 9. That the AO/DRP has grossly erred in law and facts in initiating the penalty under section 271 (1 )(c) of the Act and alleging that the Appellant has concealed the true and correct particulars

LG ELECTRONICS INC., KOREA (LGEK),NOIDA vs. DCIT, CIRCLE- 2(2)(1), INTERNATIONAL TAXATION , NEW DELHI

In the result all the 9 appeals filed by the assessee are allowed with above direction for statistical purposes

Bench: Smt Diva Singh & Shri Prashant Maharishi

234B and 234C of the Act without appreciating that the Appellant is a non-resident and tax is deductible from the income of the Appellant. 9. That the AO/DRP has grossly erred in law and facts in initiating the penalty under section 271 (1 )(c) of the Act and alleging that the Appellant has concealed the true and correct particulars

SMT. SATYA BHALLA,NEW DELHI vs. ACIT, FARIDABAD

In the result, the appeals of the assessees are allowed

Bench: Sh. N. K. Saini

234B & 234C of IT Act. Issue penalty notice u/s 271(1)(c) of the ITA Nos. 5714 & 5715/Del/2015 4 Satya & Deepika Bhalla I.T. Act for concealing/wrong/inaccurate particulars of income of Rs.6,80,375/- (1,23,000 + 5,57,375)” 5. The assessee carried the matter to the ld. CIT(A) who deleted the addition of Rs.84,000/- made in respect

SMT. DEEPIKA BHALLA,NEW DELHI vs. ACIT, FARIDABAD

In the result, the appeals of the assessees are allowed

Bench: Sh. N. K. Saini

234B & 234C of IT Act. Issue penalty notice u/s 271(1)(c) of the ITA Nos. 5714 & 5715/Del/2015 4 Satya & Deepika Bhalla I.T. Act for concealing/wrong/inaccurate particulars of income of Rs.6,80,375/- (1,23,000 + 5,57,375)” 5. The assessee carried the matter to the ld. CIT(A) who deleted the addition of Rs.84,000/- made in respect

M/S. STRUM INFRA DEVELOPMENT PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the 07 appeals of different assessees are partly allowed for statistical purposes

Bench: Sh. H.S. Sidhuassessment Year: 2013-14

234B is consequential in nature, hence, the AO is directed to re-compute the interest chargeable after giving effect of this order. As far as initiation of penalty proceedings u/s. 271(1)(c) is concerned, since no penalty under the said section

M/S. ATITHI CHEMICALS PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the 07 appeals of different assessees are partly allowed for statistical purposes

Bench: Sh. H.S. Sidhuassessment Year: 2013-14

234B is consequential in nature, hence, the AO is directed to re-compute the interest chargeable after giving effect of this order. As far as initiation of penalty proceedings u/s. 271(1)(c) is concerned, since no penalty under the said section

M/S. SORUS POWER PVT. LTD.,DELHI vs. ACIT, NEW DELHI

In the result, all the 07 appeals of different assessees are partly allowed for statistical purposes

Bench: Sh. H.S. Sidhuassessment Year: 2013-14

234B is consequential in nature, hence, the AO is directed to re-compute the interest chargeable after giving effect of this order. As far as initiation of penalty proceedings u/s. 271(1)(c) is concerned, since no penalty under the said section

M/S. VIGILANT PAPERS PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the 07 appeals of different assessees are partly allowed for statistical purposes

Bench: Sh. H.S. Sidhuassessment Year: 2013-14

234B is consequential in nature, hence, the AO is directed to re-compute the interest chargeable after giving effect of this order. As far as initiation of penalty proceedings u/s. 271(1)(c) is concerned, since no penalty under the said section

M/S. ZOOM HERITAGE PROPERTIES PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the 07 appeals of different assessees are partly allowed for statistical purposes

Bench: Sh. H.S. Sidhuassessment Year: 2013-14

234B is consequential in nature, hence, the AO is directed to re-compute the interest chargeable after giving effect of this order. As far as initiation of penalty proceedings u/s. 271(1)(c) is concerned, since no penalty under the said section

M/S. GOPALAN AGRO FARMS PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the 07 appeals of different assessees are partly allowed for statistical purposes

Bench: Sh. H.S. Sidhuassessment Year: 2013-14

234B is consequential in nature, hence, the AO is directed to re-compute the interest chargeable after giving effect of this order. As far as initiation of penalty proceedings u/s. 271(1)(c) is concerned, since no penalty under the said section