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35 results for “penalty u/s 271”+ Bogus Purchasesclear

Sorted by relevance

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Key Topics

Addition to Income34Section 271(1)(c)29Section 143(1)16Penalty16Section 153A15Section 10(38)13Section 143(2)12Section 6812Section 143(3)

K. BALA VISHNU RAJU, HYD,HYDERABAD vs. DCIT, CIRCLE-6(1), HYD, HYDERABAD

In the result, both the appeals under consideration are allowed

ITA 825/HYD/2015[2007-08]Status: DisposedITAT Hyderabad24 Jan 2018AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2007-08

For Appellant: Shri S. Rama RaoFor Respondent: Smt. Suman Malik
Section 143(3)Section 271(1)(c)Section 274Section 54

purchase of house property and Rs. 1,06,00,000/- towards cost of addition works undertaken. 4.1 To find the veracity of the claim of the assessee, the AO made field enquiries through an Inspector and found that the claim of the assessee is not proper and declined to allow the deduction u/s 54 of the Act. The action

Showing 1–20 of 35 · Page 1 of 2

12
Deduction11
Disallowance10
Search & Seizure9

USHA RANI KALIDINDI, HYD,HYDERABAD vs. DCIT, CIRCLE-6(1), HYD, HYDERABAD

In the result, both the appeals under consideration are allowed

ITA 824/HYD/2015[2007-08]Status: DisposedITAT Hyderabad24 Jan 2018AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2007-08

For Appellant: Shri S. Rama RaoFor Respondent: Smt. Suman Malik
Section 143(3)Section 271(1)(c)Section 274Section 54

purchase of house property and Rs. 1,06,00,000/- towards cost of addition works undertaken. 4.1 To find the veracity of the claim of the assessee, the AO made field enquiries through an Inspector and found that the claim of the assessee is not proper and declined to allow the deduction u/s 54 of the Act. The action

BS LIMITED,HYDERABAD vs. ASST.COMISSIONER OF INCOME TAX, CIRCLE-2(3), HYDERABAD

In the result, appeal of the assessee is allowed for statistical purposes

ITA 2186/HYD/2017[2013-14]Status: DisposedITAT Hyderabad27 Apr 2018AY 2013-14

Bench: Shri D. Manmohan & Shri S. Rifaur Rahmanassessment Year: 2013-14

For Appellant: Shri P. Murali Mohan RaoFor Respondent: Shri Deepak P. Ripote
Section 132Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 92B

penalty notices u/s. 271(1)(c) and 271AAB along with Draft assessment order dated 30.12.2016, which tantamount to passing of Final Assessment Order. 2. Erred in making adjustment u/s. 92CA(3) of the Act for Rs. 4,79,143/- in respect of transaction of Corporate Guarantee provided to DCO Bank, Singapore on behalf of loan to BS Resource Pte Limited

KAVERI POLYMERS,WARANGAL vs. DCIT, CENTRAL CIRCLE -1(3), HYDERABAD

In the result, the appeal of assessee is dismissed

ITA 513/HYD/2022[2015-165]Status: DisposedITAT Hyderabad16 Mar 2023AY 2015-165

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

For Appellant: Shri K.C. DevdasFor Respondent: Shri KPRR Murthy
Section 132Section 143(3)Section 153CSection 271Section 271(1)(c)

271 of the 1961 Act in favour of the assessee. However, what needs to be noted is that the stated penalty proceedings were the outcome of the assessment order in question concerning assessment year 1998-1999. Indeed, at the time of assessment, the appellant/assessee had failed to produce any explanation or evidence in support of the entries regarding purchases made

KAVERI INFRA PROJECT PVT LTD,WARANGAL vs. DCIT, CENTRAL CIRCLE-1(3),, HYDERABAD

In the result, the appeal of assessee in ITA

ITA 511/HYD/2022[2016-17]Status: DisposedITAT Hyderabad16 Mar 2023AY 2016-17

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

For Appellant: Shri K.C. DevdasFor Respondent: Shri KPRR Murthy
Section 132Section 143(3)Section 153ASection 153CSection 271Section 271(1)(c)

271 of the 1961 Act in favour of the assessee. However, what needs to be noted is that the stated penalty proceedings were the outcome of the assessment order in question concerning assessment year 1998-1999. Indeed, at the time of assessment, the appellant/assessee had failed to produce any explanation or evidence in support of the entries regarding purchases made

KAVERI INFRA PROJECT PVT LTD,WARANGAL vs. DCIT, CENTRAL CIRCLE -1(3), HYDERABAD

In the result, the appeal of assessee in ITA

ITA 510/HYD/2022[2015-16]Status: DisposedITAT Hyderabad16 Mar 2023AY 2015-16

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

For Appellant: Shri K.C. DevdasFor Respondent: Shri KPRR Murthy
Section 132Section 143(3)Section 153ASection 153CSection 271Section 271(1)(c)

271 of the 1961 Act in favour of the assessee. However, what needs to be noted is that the stated penalty proceedings were the outcome of the assessment order in question concerning assessment year 1998-1999. Indeed, at the time of assessment, the appellant/assessee had failed to produce any explanation or evidence in support of the entries regarding purchases made

DCIT, CIRCLE - 16(2), HYDERABAD vs. M/S MAHESHWARI MEGA VENTURES LIMITED,, HYDERABAD

In the result, appeal of the revenue is dismissed

ITA 1352/HYD/2014[2006-07]Status: DisposedITAT Hyderabad24 Jan 2018AY 2006-07

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2006-07

For Appellant: Shri K.C. DevdasFor Respondent: Shri J. Siri Kumar
Section 115JSection 133ASection 143(1)

Purchase cost of lands - Rs. 7,50,00,000 ----------------- Rs. 5,00,00,000 Less: Development expenses as Discussed above Rs. Nil Income on sale of lands Rs. 5,00,00,000 ========= 6. Disallowance of Contract payments u/s 40(a)(ia): 6.1 On verification of the details, the AO noticed that the assessee-company though deducted the TDS on contract

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELCOM INFRASTRUTURE PRIVATE LIMITED , HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

ITA 509/HYD/2020[2015-16]Status: DisposedITAT Hyderabad30 Nov 2022AY 2015-16

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Shri Rajendra Kumar, CIT(DR)
Section 153A

Penalty proceedings u/s. 271(1)(c) are initiated separately for submission of inaccurate particulars of income”. 4. The learned CIT (A) while dealing with the issue had deleted the addition of 20% of the total amount confirmed by the Assessing Officer by holding as under: “5. I have considered the assessment order and submissions of the appellant. It is seen

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

ITA 555/HYD/2020[2014-15]Status: DisposedITAT Hyderabad30 Nov 2022AY 2014-15

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Shri Rajendra Kumar, CIT(DR)
Section 153A

Penalty proceedings u/s. 271(1)(c) are initiated separately for submission of inaccurate particulars of income”. 4. The learned CIT (A) while dealing with the issue had deleted the addition of 20% of the total amount confirmed by the Assessing Officer by holding as under: “5. I have considered the assessment order and submissions of the appellant. It is seen

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELCOM INFRASTRUTURE PRIVATE LIMITED , HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

ITA 510/HYD/2020[2016-17]Status: DisposedITAT Hyderabad30 Nov 2022AY 2016-17

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Shri Rajendra Kumar, CIT(DR)
Section 153A

Penalty proceedings u/s. 271(1)(c) are initiated separately for submission of inaccurate particulars of income”. 4. The learned CIT (A) while dealing with the issue had deleted the addition of 20% of the total amount confirmed by the Assessing Officer by holding as under: “5. I have considered the assessment order and submissions of the appellant. It is seen

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

ITA 556/HYD/2020[2017-18]Status: DisposedITAT Hyderabad30 Nov 2022AY 2017-18

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Shri Rajendra Kumar, CIT(DR)
Section 153A

Penalty proceedings u/s. 271(1)(c) are initiated separately for submission of inaccurate particulars of income”. 4. The learned CIT (A) while dealing with the issue had deleted the addition of 20% of the total amount confirmed by the Assessing Officer by holding as under: “5. I have considered the assessment order and submissions of the appellant. It is seen

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

ITA 553/HYD/2020[2012-13]Status: DisposedITAT Hyderabad30 Nov 2022AY 2012-13

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Shri Rajendra Kumar, CIT(DR)
Section 153A

Penalty proceedings u/s. 271(1)(c) are initiated separately for submission of inaccurate particulars of income”. 4. The learned CIT (A) while dealing with the issue had deleted the addition of 20% of the total amount confirmed by the Assessing Officer by holding as under: “5. I have considered the assessment order and submissions of the appellant. It is seen

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

ITA 554/HYD/2020[2013-14]Status: DisposedITAT Hyderabad30 Nov 2022AY 2013-14

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Shri Rajendra Kumar, CIT(DR)
Section 153A

Penalty proceedings u/s. 271(1)(c) are initiated separately for submission of inaccurate particulars of income”. 4. The learned CIT (A) while dealing with the issue had deleted the addition of 20% of the total amount confirmed by the Assessing Officer by holding as under: “5. I have considered the assessment order and submissions of the appellant. It is seen

ADARSH GLOBAL TRADES AND SERVICES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(3) , HYDERABAD

In the result, the appeal of the assessee is treated as allowed for statistical purposes

ITA 70/HYD/2024[2016-17]Status: DisposedITAT Hyderabad06 Mar 2024AY 2016-17

Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2016-17 Adarsh Global Trades & Vs. The Assistant Commissioner Of Income Tax, Services Private Limited, Central Circle – 2(3), Hyderabad. Hyderabad. Pan : Aakca7278H. (Appellant) (Respondent) Assessee By: None Revenue By: Shri Sesha Srinivas, Cit-Dr 04.03.2024 Date Of Hearing: Date Of Pronouncement: 06.03.2024

For Appellant: NoneFor Respondent: Shri Sesha Srinivas, CIT-DR
Section 139(1)Section 142(1)Section 143(2)Section 143(3)Section 271(1)(c)

bogus purchases as alleged. 5. The NFAC and the NFAC erred in treating the creditors as non- genuine for the mere reason that few details, including balance confirmation were not furnished at a short notice. 6. The NFAC and the NFAC failed to state the specific provisions of the Act under which addition

DEEPAK NAGORI ,HYDERABAD vs. INCOME TAX OFFICER, WARD-8(3), HYDERABAD

In the result, appeal filed by the assessee is dismissed

ITA 1713/HYD/2018[2012-13]Status: DisposedITAT Hyderabad12 Dec 2023AY 2012-13

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumarassessment Year:2012-13 Shri Deepak Nagori Vs. Income Tax Officer Hyderabad Ward 8(3) Hyderabad (Appellant) (Respondent) Pan:Abspn3300M Assessee By: None Revenue By: Shri K. Madhusudan, Cit(Dr) Date Of Hearing: 07/12/2023 Date Of Pronouncement: 12/12/2023 Order Per Laliet Kumar, J.M This Appeal Filed By The Assessee Is Directed Against The Order Dated 28.05.2018 Of The Learned Cit (A)-2, Hyderabad Relating To A.Y.2012-13. 2. The Grounds Raised By The Assessee Reads As Under: “1. That The Appellant Is An Individual & Filed His Income Tax Return (Tr) For Fy 2011-12 By Declaring Income Of Rs.5,82,686/-. The Itr Includes Long Term Capital Gains Of Rs.23,08,721/- & Claimed Exemption Under Section 10(38) Of It Act 1961. Notices Issued Under Section 148 & Notice Under Section 142(1) Of The Income Tax Act, 1961. The Ld. Ao Passed The Assessment Order Under Section 143(3) R.W.S. 147 Of The I.T Act, 1961 & The Same Was Upheld By Ld. Cit(A).

For Appellant: NoneFor Respondent: Shri K. Madhusudan, CIT(DR)
Section 10(38)Section 142(1)Section 143(3)Section 148Section 69

bogus entries of LTCG amounting to several crores from 2010 to 2014. ii. The result of the enquiry was also shared with SEBI and the SEBI after investigating 11 cases have found the allegation to be correct. The remaining cases are still being investigated by SEBI. iii. TOP 25 groups under each investigation directorate of the country were confronted

GOVINDA KUMAR AGARWAL,HYDEABAD vs. INCOME TAX OFFICER, WARD-4(2), HYDERABAD

In the result, all the appeals filed by the assessee are dismissed

ITA 125/HYD/2020[2015-16]Status: DisposedITAT Hyderabad21 Nov 2023AY 2015-16

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumars.No Ita No Assessee Revenue A.Y 1 125/Hyd/2020 Shri Govind Kumar Income Tax 2015-16 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 2 1940/Hyd/2018 Shri Govind Kumar Income Tax 2014-15 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 3 1941/Hyd/2018 Shri Naresh Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8519L 4 1942/Hyd/2018 Shri Sumeet Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8516F 5 704/Hyd/2019 Smt. Saroj Agarwal, Income Tax 2015-16 Hyderabad Officer Ward 4(2) Pan:Adhpa8513A Hyderabad 6 705/Hyd/2019 Shri Vikas Kumar Income Tax 2015-16 Agarwal Hyderabad Officer Ward Pan:Adhpa8515G 4(2)Hyderabad 7 89/Hyd/2022 Shri Nageswara Rao Acit, Central 2015-15 Pinneti, Hyderabad Circle 1(2) Pan:Acupp6464D Hyderabad 8 167/Hyd/2018 Shri Abhishek Income Tax 2014-15 Agarwal, Hyderabad Officer Pan:Adypa7514N Ward 16(2) Hyderabad Assessee By: Shri K.A. Sai Prasad, Ca (S.No.1 To 6), Shri P. Vinod, Advocate (S.No.7) & Shri S. Rama Rao, Advocate (S.No.8) Revenue By: Shri Ch V Gopinath, Cit(Dr)

For Appellant: Shri K.A. Sai Prasad, CA (S.No.1 to 6), Shri P. Vinod, Advocate (S.No.7)For Respondent: Shri CH V Gopinath, CIT(DR)
Section 143(1)Section 143(2)Section 271(1)(c)Section 68

penalty proceedings u/s 271(1)(c) of the Act. ITA No.1941/Hyd/2018 filed by the assessee Shri Naresh Kumar Agarwal is directed against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad relating to A.Y 2015-16. ITA No.1942/Hyd/2018 filed by the assessee Shri Sumeet Kumar Agarwal against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad

SUMEET KUMAR AGARWAL ,SECUNDERABAD vs. INCOME TAX OFFICER, WARD-10(2), HYDERABAD

In the result, all the appeals filed by the assessee are dismissed

ITA 1942/HYD/2018[2015-16]Status: DisposedITAT Hyderabad21 Nov 2023AY 2015-16

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumars.No Ita No Assessee Revenue A.Y 1 125/Hyd/2020 Shri Govind Kumar Income Tax 2015-16 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 2 1940/Hyd/2018 Shri Govind Kumar Income Tax 2014-15 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 3 1941/Hyd/2018 Shri Naresh Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8519L 4 1942/Hyd/2018 Shri Sumeet Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8516F 5 704/Hyd/2019 Smt. Saroj Agarwal, Income Tax 2015-16 Hyderabad Officer Ward 4(2) Pan:Adhpa8513A Hyderabad 6 705/Hyd/2019 Shri Vikas Kumar Income Tax 2015-16 Agarwal Hyderabad Officer Ward Pan:Adhpa8515G 4(2)Hyderabad 7 89/Hyd/2022 Shri Nageswara Rao Acit, Central 2015-15 Pinneti, Hyderabad Circle 1(2) Pan:Acupp6464D Hyderabad 8 167/Hyd/2018 Shri Abhishek Income Tax 2014-15 Agarwal, Hyderabad Officer Pan:Adypa7514N Ward 16(2) Hyderabad Assessee By: Shri K.A. Sai Prasad, Ca (S.No.1 To 6), Shri P. Vinod, Advocate (S.No.7) & Shri S. Rama Rao, Advocate (S.No.8) Revenue By: Shri Ch V Gopinath, Cit(Dr)

For Appellant: Shri K.A. Sai Prasad, CA (S.No.1 to 6), Shri P. Vinod, Advocate (S.No.7)For Respondent: Shri CH V Gopinath, CIT(DR)
Section 143(1)Section 143(2)Section 271(1)(c)Section 68

penalty proceedings u/s 271(1)(c) of the Act. ITA No.1941/Hyd/2018 filed by the assessee Shri Naresh Kumar Agarwal is directed against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad relating to A.Y 2015-16. ITA No.1942/Hyd/2018 filed by the assessee Shri Sumeet Kumar Agarwal against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad

NARESH KUMAR AGARWAL ,SECUNDERABAD vs. INCOME TAX OFFICER, WARD-10(2), HYDERABAD

In the result, all the appeals filed by the assessee are dismissed

ITA 1941/HYD/2018[2015-16]Status: DisposedITAT Hyderabad21 Nov 2023AY 2015-16

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumars.No Ita No Assessee Revenue A.Y 1 125/Hyd/2020 Shri Govind Kumar Income Tax 2015-16 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 2 1940/Hyd/2018 Shri Govind Kumar Income Tax 2014-15 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 3 1941/Hyd/2018 Shri Naresh Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8519L 4 1942/Hyd/2018 Shri Sumeet Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8516F 5 704/Hyd/2019 Smt. Saroj Agarwal, Income Tax 2015-16 Hyderabad Officer Ward 4(2) Pan:Adhpa8513A Hyderabad 6 705/Hyd/2019 Shri Vikas Kumar Income Tax 2015-16 Agarwal Hyderabad Officer Ward Pan:Adhpa8515G 4(2)Hyderabad 7 89/Hyd/2022 Shri Nageswara Rao Acit, Central 2015-15 Pinneti, Hyderabad Circle 1(2) Pan:Acupp6464D Hyderabad 8 167/Hyd/2018 Shri Abhishek Income Tax 2014-15 Agarwal, Hyderabad Officer Pan:Adypa7514N Ward 16(2) Hyderabad Assessee By: Shri K.A. Sai Prasad, Ca (S.No.1 To 6), Shri P. Vinod, Advocate (S.No.7) & Shri S. Rama Rao, Advocate (S.No.8) Revenue By: Shri Ch V Gopinath, Cit(Dr)

For Appellant: Shri K.A. Sai Prasad, CA (S.No.1 to 6), Shri P. Vinod, Advocate (S.No.7)For Respondent: Shri CH V Gopinath, CIT(DR)
Section 143(1)Section 143(2)Section 271(1)(c)Section 68

penalty proceedings u/s 271(1)(c) of the Act. ITA No.1941/Hyd/2018 filed by the assessee Shri Naresh Kumar Agarwal is directed against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad relating to A.Y 2015-16. ITA No.1942/Hyd/2018 filed by the assessee Shri Sumeet Kumar Agarwal against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad

ABHISHEK AGARWAL,HYDERABAD vs. INCOME TAX OFFICER, WARD-16(2), HYDERABAD

In the result, all the appeals filed by the assessee are dismissed

ITA 167/HYD/2018[2014-15]Status: DisposedITAT Hyderabad21 Nov 2023AY 2014-15

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumars.No Ita No Assessee Revenue A.Y 1 125/Hyd/2020 Shri Govind Kumar Income Tax 2015-16 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 2 1940/Hyd/2018 Shri Govind Kumar Income Tax 2014-15 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 3 1941/Hyd/2018 Shri Naresh Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8519L 4 1942/Hyd/2018 Shri Sumeet Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8516F 5 704/Hyd/2019 Smt. Saroj Agarwal, Income Tax 2015-16 Hyderabad Officer Ward 4(2) Pan:Adhpa8513A Hyderabad 6 705/Hyd/2019 Shri Vikas Kumar Income Tax 2015-16 Agarwal Hyderabad Officer Ward Pan:Adhpa8515G 4(2)Hyderabad 7 89/Hyd/2022 Shri Nageswara Rao Acit, Central 2015-15 Pinneti, Hyderabad Circle 1(2) Pan:Acupp6464D Hyderabad 8 167/Hyd/2018 Shri Abhishek Income Tax 2014-15 Agarwal, Hyderabad Officer Pan:Adypa7514N Ward 16(2) Hyderabad Assessee By: Shri K.A. Sai Prasad, Ca (S.No.1 To 6), Shri P. Vinod, Advocate (S.No.7) & Shri S. Rama Rao, Advocate (S.No.8) Revenue By: Shri Ch V Gopinath, Cit(Dr)

For Appellant: Shri K.A. Sai Prasad, CA (S.No.1 to 6), Shri P. Vinod, Advocate (S.No.7)For Respondent: Shri CH V Gopinath, CIT(DR)
Section 143(1)Section 143(2)Section 271(1)(c)Section 68

penalty proceedings u/s 271(1)(c) of the Act. ITA No.1941/Hyd/2018 filed by the assessee Shri Naresh Kumar Agarwal is directed against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad relating to A.Y 2015-16. ITA No.1942/Hyd/2018 filed by the assessee Shri Sumeet Kumar Agarwal against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad

GOVIND KUMAR AGARWAL ,HYDERABAD vs. INCOME TAX OFFICER, WARD-4(5), HYDERABAD

In the result, all the appeals filed by the assessee are dismissed

ITA 1940/HYD/2018[2014-15]Status: DisposedITAT Hyderabad21 Nov 2023AY 2014-15

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumars.No Ita No Assessee Revenue A.Y 1 125/Hyd/2020 Shri Govind Kumar Income Tax 2015-16 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 2 1940/Hyd/2018 Shri Govind Kumar Income Tax 2014-15 Agarwal, Hyderabad Officer Ward 4(2) Pan:Aempa6821K Hyderabad 3 1941/Hyd/2018 Shri Naresh Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8519L 4 1942/Hyd/2018 Shri Sumeet Kumar Income Tax 2015-16 Agarwal, Officer Ward Secunderabad 10(2) Hyderabad Pan:Adhpa8516F 5 704/Hyd/2019 Smt. Saroj Agarwal, Income Tax 2015-16 Hyderabad Officer Ward 4(2) Pan:Adhpa8513A Hyderabad 6 705/Hyd/2019 Shri Vikas Kumar Income Tax 2015-16 Agarwal Hyderabad Officer Ward Pan:Adhpa8515G 4(2)Hyderabad 7 89/Hyd/2022 Shri Nageswara Rao Acit, Central 2015-15 Pinneti, Hyderabad Circle 1(2) Pan:Acupp6464D Hyderabad 8 167/Hyd/2018 Shri Abhishek Income Tax 2014-15 Agarwal, Hyderabad Officer Pan:Adypa7514N Ward 16(2) Hyderabad Assessee By: Shri K.A. Sai Prasad, Ca (S.No.1 To 6), Shri P. Vinod, Advocate (S.No.7) & Shri S. Rama Rao, Advocate (S.No.8) Revenue By: Shri Ch V Gopinath, Cit(Dr)

For Appellant: Shri K.A. Sai Prasad, CA (S.No.1 to 6), Shri P. Vinod, Advocate (S.No.7)For Respondent: Shri CH V Gopinath, CIT(DR)
Section 143(1)Section 143(2)Section 271(1)(c)Section 68

penalty proceedings u/s 271(1)(c) of the Act. ITA No.1941/Hyd/2018 filed by the assessee Shri Naresh Kumar Agarwal is directed against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad relating to A.Y 2015-16. ITA No.1942/Hyd/2018 filed by the assessee Shri Sumeet Kumar Agarwal against the order dated 17.05.2018 of the learned CIT (A)-6 Hyderabad