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

Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges

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

Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges

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

Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges

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

Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges

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

Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges

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

Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges

RADHESHYAM AGARWAL,BHOPAL vs. THE PCIT, CENTRAL, BHOPAL , BHOPAL

148\nof 1984, dated 1-9-2004] and this Court has held that non-\ninitiation of penalty proceeding by the assessing authority\nin the course of assessment proceedings, also renders the\norder erroneous and prejudicial to the interest of the\nRevenue and, therefore, can be the subject-matter of\nrevision under section 263 of the Act.\n5. Respectfully following

SANJAY KUMAR AGRAWAL,BURHANPUR vs. JOINT COMMISSIONER OF INCOME TAX (OSD) CENTRAL-1, INDORE

u/s 271(1)(c) and issued show-cause notices. Subsequently, penalties were imposed for concealment of income or furnishing inaccurate particulars. The assessee appealed to the CIT(A) and then to the ITAT.", "held": "The Tribunal held that the show-cause notice issued by the AO was vague as it did not specify whether the penalty was for concealment

THE DCIT, 1(1), BHOPAL vs. SMT. SUDESH CHAWLA, BHOPAL

In the result appeal of the assessee for Assessment Years

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

Section assessee Year order of order of under CIT(A)_1 ACIT-1(2) which passed Late Smt. 2000-01 to 30.03.2015 19.03.2013 153C Sudesh 2005-06 r.w.s. Chawla and 143(3) 2006-07 143(3) Prem Chawla 2000-01 to 30.03.2015 19.03.2013 153C 2005-06 r.w.s. and 143(3) 2006-07 143(3) Smt. Sarita

SMT. SARITA CHAWLA,BHOPAL vs. THE ACIT 1(2), BHOPAL

In the result appeal of the assessee for Assessment Years

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

Section assessee Year order of order of under CIT(A)_1 ACIT-1(2) which passed Late Smt. 2000-01 to 30.03.2015 19.03.2013 153C Sudesh 2005-06 r.w.s. Chawla and 143(3) 2006-07 143(3) Prem Chawla 2000-01 to 30.03.2015 19.03.2013 153C 2005-06 r.w.s. and 143(3) 2006-07 143(3) Smt. Sarita

LATE SMT. SUDESH CHAWLA L/H SHRI PREM CHAWLA,BHOPAL vs. THE ACIT 1(2), BHOPAL

In the result appeal of the assessee for Assessment Years

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

Section assessee Year order of order of under CIT(A)_1 ACIT-1(2) which passed Late Smt. 2000-01 to 30.03.2015 19.03.2013 153C Sudesh 2005-06 r.w.s. Chawla and 143(3) 2006-07 143(3) Prem Chawla 2000-01 to 30.03.2015 19.03.2013 153C 2005-06 r.w.s. and 143(3) 2006-07 143(3) Smt. Sarita

M/S. PANJWANI PACKAGING P. LTD.,INDORE vs. THE ACIT 3(1), INDORE

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

148 of the Act were duly served on the assessee and the income was assessed and also penalty u/s 271(1(c) levied as follows; S.No Assessment Year Assessed Income Penalty u/s 271(1)(c) 1 1987-88 Rs.20,67,290/- Rs.5,56,050/- 2 1988-89 Rs.58,27,470/- Rs.20,24,236/- 3 1989-90 Rs.88,25,810/- Rs.14

M/S. PANJWANI PACKAGING P. LTD.,INDORE vs. THE ACIT 3(1), INDORE

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

148 of the Act were duly served on the assessee and the income was assessed and also penalty u/s 271(1(c) levied as follows; S.No Assessment Year Assessed Income Penalty u/s 271(1)(c) 1 1987-88 Rs.20,67,290/- Rs.5,56,050/- 2 1988-89 Rs.58,27,470/- Rs.20,24,236/- 3 1989-90 Rs.88,25,810/- Rs.14

M/S. PANJWANI PACKAGING P. LTD.,INDORE vs. THE ACIT 3(1), INDORE

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

148 of the Act were duly served on the assessee and the income was assessed and also penalty u/s 271(1(c) levied as follows; S.No Assessment Year Assessed Income Penalty u/s 271(1)(c) 1 1987-88 Rs.20,67,290/- Rs.5,56,050/- 2 1988-89 Rs.58,27,470/- Rs.20,24,236/- 3 1989-90 Rs.88,25,810/- Rs.14

M/S. PANJWANI PACKAGING P. LTD.,INDORE vs. THE ACIT 3(1), INDORE

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

148 of the Act were duly served on the assessee and the income was assessed and also penalty u/s 271(1(c) levied as follows; S.No Assessment Year Assessed Income Penalty u/s 271(1)(c) 1 1987-88 Rs.20,67,290/- Rs.5,56,050/- 2 1988-89 Rs.58,27,470/- Rs.20,24,236/- 3 1989-90 Rs.88,25,810/- Rs.14

M/S. PANJWANI PACKAGING P. LTD.,INDORE vs. THE ACIT 3(1), INDORE

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

148 of the Act were duly served on the assessee and the income was assessed and also penalty u/s 271(1(c) levied as follows; S.No Assessment Year Assessed Income Penalty u/s 271(1)(c) 1 1987-88 Rs.20,67,290/- Rs.5,56,050/- 2 1988-89 Rs.58,27,470/- Rs.20,24,236/- 3 1989-90 Rs.88,25,810/- Rs.14

M/S. PANJWANI PACKAGING P. LTD.,INDORE vs. THE ACIT 3(1), INDORE

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad

148 of the Act were duly served on the assessee and the income was assessed and also penalty u/s 271(1(c) levied as follows; S.No Assessment Year Assessed Income Penalty u/s 271(1)(c) 1 1987-88 Rs.20,67,290/- Rs.5,56,050/- 2 1988-89 Rs.58,27,470/- Rs.20,24,236/- 3 1989-90 Rs.88,25,810/- Rs.14

SMT. KAVITA SACHDEV,INDORE vs. ITO-3(4), INDORE, INDORE

In the result, the appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shrib.M. Biyaniassessment Year : 2011-12 Smt. Kavita Sachdev, Income-Tax Officer, 112,Jairampur Colony, 3(4), बनाम/ Indore. Indore. Vs. (Assessee / Appellant) (Revenue / Respondent) Pan : Arcps6793D Assessee By Shri Milind Wadhwani, Ca Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 14.05.2024 Date Of Pronouncement 16.05.2024

u/s 148, then the amount of penalty ought to have been calculated, as per the formula provided in clause (c) of Explanation 4 to Section 271