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8 results for “penalty u/s 271”+ Section 142(1)(iii)clear

Sorted by relevance

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Key Topics

Section 2508Addition to Income8Section 143(3)7Disallowance7Section 44A5Section 271D5Section 10(26)5Depreciation5Section 269S

KENNETH BLAH,SHILLONG vs. INCOME TAX OFFICER, WARD - 2, SHILLONG

In the result, the appeal of the assessee is allowed

ITA 135/GTY/2024[2017-18]Status: DisposedITAT Guwahati20 Jan 2025AY 2017-18

Bench: Dr.Manish Borad & Shri Manomohan Dasआयकर अपील सं. / Ita No.135/Gty/2024 िनधा"रण वष" / Assessment Year: 2017-18

For Appellant: Shri J.P. Gupta, FCAFor Respondent: Shri Kaushik Roy, JCIT
Section 10(26)Section 133(6)Section 143(2)Section 25Section 250Section 269SSection 271D

142(1) of the Act. Ld. AO after getting the information in lieu of notices u/s.133(6) of the Act issue to the banks where the assessee was maintaining bank accounts, noticed that sum of Rs.84.00 lakh has been deposited in cash in various bank accounts. On further investigation, it was revealed that the source of the alleged cash

3
Section 143(2)3
Penalty3
Section 271(1)(c)2

M/S. ASSAM TEA CORPORATION LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

The appeals are allowed for statistical purposes

ITA 216/GTY/2019[2012-13]Status: DisposedITAT Guwahati20 Jul 2023AY 2012-13

Bench: Sri Rajpal Yadav & Sri Girish Agrawal

Section 143(2)Section 143(3)Section 150(1)Section 150(2)Section 250Section 271(1)(c)

142,83,99,477/- made by the Id. CIT (Appeals) all should be deleted in full. 2) On the facts and in the circumstances of the appellant's case the Id. CIT (Appeals) was totally wrong in holding that the liabilities of Rs. 141,38,93,166/- claimed by way of Sundry Creditors as at 31/03/2012 has ceased to exist

M/S. ASSAM TEA CORPORATION LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

The appeals are allowed for statistical purposes

ITA 85/GTY/2020[2012-13]Status: DisposedITAT Guwahati20 Jul 2023AY 2012-13

Bench: Sri Rajpal Yadav & Sri Girish Agrawal

Section 143(2)Section 143(3)Section 150(1)Section 150(2)Section 250Section 271(1)(c)

142,83,99,477/- made by the Id. CIT (Appeals) all should be deleted in full. 2) On the facts and in the circumstances of the appellant's case the Id. CIT (Appeals) was totally wrong in holding that the liabilities of Rs. 141,38,93,166/- claimed by way of Sundry Creditors as at 31/03/2012 has ceased to exist

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI vs. ABCI INFRASTRUCTURES PRIVATE LIMITED, KOLKATA

In the result, the appeal of the assessee for Assessment Year

ITA 37/GTY/2022[2017-18]Status: HeardITAT Guwahati05 Apr 2023AY 2017-18

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 44A

142(1) of the Act read with notice u/s 143(2) of the Act as the case of the assessee is selected in Limited Scrutiny. 38. Further, whether the issue regarding disallowance of depreciation was part of Limited Scrutiny or not, ld. CIT(A) has directed ld. AO to give a specific finding on this issue at the time

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI vs. ABCI INFRASTRUCTURES PRIVATE LIMITED, KOLKATA

In the result, the appeal of the assessee for Assessment Year

ITA 2/GTY/2023[2014-15]Status: HeardITAT Guwahati05 Apr 2023AY 2014-15

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 44A

142(1) of the Act read with notice u/s 143(2) of the Act as the case of the assessee is selected in Limited Scrutiny. 38. Further, whether the issue regarding disallowance of depreciation was part of Limited Scrutiny or not, ld. CIT(A) has directed ld. AO to give a specific finding on this issue at the time

ABCI INFRASTRUCTURES PRIVATE LIMITED,KOLKATA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI

In the result, the appeal of the assessee for Assessment Year

ITA 43/GTY/2022[2014-15]Status: HeardITAT Guwahati05 Apr 2023AY 2014-15

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 44A

142(1) of the Act read with notice u/s 143(2) of the Act as the case of the assessee is selected in Limited Scrutiny. 38. Further, whether the issue regarding disallowance of depreciation was part of Limited Scrutiny or not, ld. CIT(A) has directed ld. AO to give a specific finding on this issue at the time

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI vs. ABCI INFRASTRUCTURES PRIVATE LIMITED, KOLKATA

In the result, the appeal of the assessee for Assessment Year

ITA 38/GTY/2022[2018-19]Status: HeardITAT Guwahati05 Apr 2023AY 2018-19

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 44A

142(1) of the Act read with notice u/s 143(2) of the Act as the case of the assessee is selected in Limited Scrutiny. 38. Further, whether the issue regarding disallowance of depreciation was part of Limited Scrutiny or not, ld. CIT(A) has directed ld. AO to give a specific finding on this issue at the time

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUWAHATI vs. ABCI INFRASTRUCTURES PRIVATE LIMITED, KOLKATA

In the result, the appeal of the assessee for Assessment Year

ITA 39/GTY/2022[2019-20]Status: HeardITAT Guwahati05 Apr 2023AY 2019-20

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 44A

142(1) of the Act read with notice u/s 143(2) of the Act as the case of the assessee is selected in Limited Scrutiny. 38. Further, whether the issue regarding disallowance of depreciation was part of Limited Scrutiny or not, ld. CIT(A) has directed ld. AO to give a specific finding on this issue at the time