PREM CHAWLA LEGAL HEIR OF LATE SMT. SUDESH CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshimember

penalty proceedings u/s 271(1)(c) is being initiated separately is recorded. Further the assessee in the return of income filed in response to the notice u/s153A, the assessee had shown undisclosed income of Rs.4,50,000/-. The assessee had not given the details of the surrendered income. Since the assessee himself has shown additional income, due credit

PREM CHAWLA LEGAL HEIR OF LATE SMT. SUDESH CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshimember

penalty proceedings u/s 271(1)(c) is being initiated separately is recorded. Further the assessee in the return of income filed in response to the notice u/s153A, the assessee had shown undisclosed income of Rs.4,50,000/-. The assessee had not given the details of the surrendered income. Since the assessee himself has shown additional income, due credit

PREM CHAWLA LEGAL HEIR OF LATE SMT. SUDESH CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshimember

penalty proceedings u/s 271(1)(c) is being initiated separately is recorded. Further the assessee in the return of income filed in response to the notice u/s153A, the assessee had shown undisclosed income of Rs.4,50,000/-. The assessee had not given the details of the surrendered income. Since the assessee himself has shown additional income, due credit

PREM CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshimember

penalty proceedings u/s 271(1)(c) is being initiated separately is recorded. Further the assessee in the return of income filed in response to the notice u/s153A, the assessee had shown undisclosed income of Rs.4,50,000/-. The assessee had not given the details of the surrendered income. Since the assessee himself has shown additional income, due credit

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S INDUSTRIAL FILTERS AND FABRICS PVT. LTD.,INDORE vs. THE ACIT 5(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S INDUSTRIAL FILTERS & FABRICS PVT.LTD.,INDORE vs. THE JCIT, R-5 (PRESENT AO: DCIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT-2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S INDUSTRIAL FILTERS AND FABRICS PVT. LTD.,INDORE vs. THE ADDL. CIT- RANGE-5, INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

u/s. 271(1)(c) is not imposable. C. C. C. C. Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot be of law Concealment can be only of fact and it cannot

M/S. FORTUNE BUILDERS,BHOPAL vs. THE ACIT CENTRAL -II, BHOPAL

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

Bench: Shri Kul Bharat & Shri Manish Borad

penalty has been levied u/s 271(1)(c) of the Act on the disallowance of deduction claimed u/s 80IB(10) of the Act by the assessee

M/S. FORTUNE BUILDERS,BHOPAL vs. THE ACIT CENTRAL -II, BHOPAL

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

Bench: Shri Kul Bharat & Shri Manish Borad

penalty has been levied u/s 271(1)(c) of the Act on the disallowance of deduction claimed u/s 80IB(10) of the Act by the assessee

M/S. FORTUNE BUILDERS,BHOPAL vs. THE ACIT CENTRAL -II, BHOPAL

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

Bench: Shri Kul Bharat & Shri Manish Borad

penalty has been levied u/s 271(1)(c) of the Act on the disallowance of deduction claimed u/s 80IB(10) of the Act by the assessee

PREM CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani, Accountant\Nmember\Nand\Nshri Paresh M Joshimember\Nita Nos.673 To 679/Ind/2024\N Assessment Years: 2000-2001 To 2006-2007\Nprem Chawla,\Ng-2/161, Gulmohar\Ncolony,\Nbhopal\N(Assessee/Appellant)\Nacit-1(1),\Nbhopal\Nबनाम /\Nvs.\N(Revenue/Respondent)\Npan: Aaopc3494N\Nassessee By Shri S.S. Deshpande, Ar\Nrevenue By Shri Ashish Porwal, Sr. Dr\Ndate Of Hearing\N19.03.2025\Ndate Of Pronouncement\N07.

penalty\nproceedings u/s 271(1)(c) is being initiated separately is\nrecorded. Further the assessee in the return of income filed in\nresponse to the notice u/s153A, the assessee had shown\nundisclosed income of Rs.4,50,000/-. The assessee had not\ngiven the details of the surrendered income. Since the\nassessee himself has shown additional income, due credit

PREM CHAWLA LEGAL HEIR OF LATE SMT. SUDESH CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani, Accountant\Nmember\Nand\Nshri Paresh M Joshimember\N\Nita Nos.673 To 679/Ind/2024\N Assessment Years: 2000-2001 To 2006-2007\Nprem Chawla,\Ng-2/161, Gulmohar\Ncolony,\Nbhopal\N(Assessee/Appellant)\Nacit-1(1),\Nbhopal\Nबनाम /\Nvs.\N(Revenue/Respondent)\N\Npan: Aaopc3494N\Nassessee By Shri S.S. Deshpande, Ar\Nrevenue By Shri Ashish Porwal, Sr. Dr\Ndate Of Hearing 19.03.2025\Ndate Of Pronouncement 07.

penalty\nproceedings u/s 271(1)(c) is being initiated separately is\nrecorded. Further the assessee in the return of income filed in\nresponse to the notice u/s153A, the assessee had shown\nundisclosed income of Rs.4,50,000/-. The assessee had not\ngiven the details of the surrendered income. Since the\nassessee himself has shown additional income, due credit

PREM CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

Bench: Shri Bhagirath Mal Biyani, Accountant\Nmember\Nand\Nshri Paresh M Joshimember\N\Nita Nos.673 To 679/Ind/2024\N Assessment Years: 2000-2001 To 2006-2007\Nprem Chawla,\Nacit-1(1),\Ng-2/161, Gulmohar\Nbhopal\Ncolony,\Nbhopal\Nबनाम /\Nvs.\N(Assessee/Appellant)\N(Revenue/Respondent)\Npan: Aaopc3494N\Nassessee By Shri S.S. Deshpande, Ar\Nrevenue By Shri Ashish Porwal, Sr. Dr\Ndate Of Hearing\N19.03.2025\Ndate Of Pronouncement\N07.

penalty\nproceedings u/s 271(1)(c) is being initiated separately is\nrecorded. Further the assessee in the return of income filed in\nresponse to the notice u/s153A, the assessee had shown\nundisclosed income of Rs.4,50,000/-. The assessee had not\ngiven the details of the surrendered income. Since the\nassessee himself has shown additional income, due credit

PREM CHAWLA,BHOPAL vs. ASSISTANT COMMISSIONER OF INCOME TAX-1(1), BHOPAL, BHOPAL

Appeals of the assessee are allowed mutatis mutandis

penalty\nproceedings u/s 271(1)(c) is being initiated separately is\nrecorded. Further the assessee in the return of income filed in\nresponse to the notice u/s153A, the assessee had shown\nundisclosed income of Rs.4,50,000/-. The assessee had not\ngiven the details of the surrendered income. Since the\nassessee himself has shown additional income, due credit