M/S KETI SANGAM INFRASTRUCTURE (I) LTD.,INDORE vs. THE DCIT (CENTRAL), INDORE

In the result, all the 12 appeals filed at the instance of

Bench: Shri Kul Bharat & Shri Manish Borad

15. Now we take up the remaining three appeals pertaining to penalty u/s 271AAA of the Act. In these appeals, the following common grounds have been taken by the assessee :- “(i) That, the learned CIT(A) erred in dismissing the appeal filed by the appellant and in upholding the penalty levied by the learned A.O. u/s 271AAA

M/S SHREE COAL ENTERPRISES (I) PVT. LTD.,BHOPAL vs. THE ACIT 3(1), BHOPAL

In the result, all the 12 appeals filed at the instance of

Bench: Shri Kul Bharat & Shri Manish Borad

15. Now we take up the remaining three appeals pertaining to penalty u/s 271AAA of the Act. In these appeals, the following common grounds have been taken by the assessee :- “(i) That, the learned CIT(A) erred in dismissing the appeal filed by the appellant and in upholding the penalty levied by the learned A.O. u/s 271AAA

M/S KETI SANGHAM INFRASTRUTURE (I) LIMITED,INDORE vs. DEPUTY COMMISSIONER OF INCOME TAX (CENTRAL), INDORE

In the result, all the 12 appeals filed at the instance of

Bench: Shri Kul Bharat & Shri Manish Borad

15. Now we take up the remaining three appeals pertaining to penalty u/s 271AAA of the Act. In these appeals, the following common grounds have been taken by the assessee :- “(i) That, the learned CIT(A) erred in dismissing the appeal filed by the appellant and in upholding the penalty levied by the learned A.O. u/s 271AAA

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

15 of 29 Prem Chawla & other ITA Nos. 673 to 684/Ind/2024 & 755/Ind/2024– AY 2000-2001to 2006-07 Prop. M/s Anand Paints & M/s Anand Industries, G-2/161, Gulmohar Colony, Bhopal Sub: Penalty Proceedings u/s 271(1)(c) under Income Tax Act, 1961 - Show cause for A.Y. 2000-01 regarding. In connection with penalty proceedings u/s 271

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

15 of 29 Prem Chawla & other ITA Nos. 673 to 684/Ind/2024 & 755/Ind/2024– AY 2000-2001to 2006-07 Prop. M/s Anand Paints & M/s Anand Industries, G-2/161, Gulmohar Colony, Bhopal Sub: Penalty Proceedings u/s 271(1)(c) under Income Tax Act, 1961 - Show cause for A.Y. 2000-01 regarding. In connection with penalty proceedings u/s 271

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

15 of 29 Prem Chawla & other ITA Nos. 673 to 684/Ind/2024 & 755/Ind/2024– AY 2000-2001to 2006-07 Prop. M/s Anand Paints & M/s Anand Industries, G-2/161, Gulmohar Colony, Bhopal Sub: Penalty Proceedings u/s 271(1)(c) under Income Tax Act, 1961 - Show cause for A.Y. 2000-01 regarding. In connection with penalty proceedings u/s 271

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

15 of 29 Prem Chawla & other ITA Nos. 673 to 684/Ind/2024 & 755/Ind/2024– AY 2000-2001to 2006-07 Prop. M/s Anand Paints & M/s Anand Industries, G-2/161, Gulmohar Colony, Bhopal Sub: Penalty Proceedings u/s 271(1)(c) under Income Tax Act, 1961 - Show cause for A.Y. 2000-01 regarding. In connection with penalty proceedings u/s 271

ANJU JAIN, LR SUSHIL JAIN,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, UJJAIN, MADHYA PRADESH

Appeals are allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

15,00,000/- for the year under consideration. In the penalty order, the Ld AO stated that the appellant has made voluntary disclosure in his statement u/s 132(4) of the Act and since all the conditions for levying penalty u/s 271AAB were being satisfied, the same had been levied. 4.1.3. In his turn, the counsel of the appellant

MUKESH KUMAR RANKA,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, UJJAIN, MADHYA PRADESH

Appeals are allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

15,00,000/- for the year under consideration. In the penalty order, the Ld AO stated that the appellant has made voluntary disclosure in his statement u/s 132(4) of the Act and since all the conditions for levying penalty u/s 271AAB were being satisfied, the same had been levied. 4.1.3. In his turn, the counsel of the appellant

ANJU JAIN, LR SHRI SUSHIL JAIN ,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, UJJAIN, MADHYA PRADESH

Appeals are allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

15,00,000/- for the year under consideration. In the penalty order, the Ld AO stated that the appellant has made voluntary disclosure in his statement u/s 132(4) of the Act and since all the conditions for levying penalty u/s 271AAB were being satisfied, the same had been levied. 4.1.3. In his turn, the counsel of the appellant

MUKESH KUMAR RANKA,INDORE, MADHYA PRADESH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, UJJAIN, MADHYA PRADESH

Appeals are allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

15,00,000/- for the year under consideration. In the penalty order, the Ld AO stated that the appellant has made voluntary disclosure in his statement u/s 132(4) of the Act and since all the conditions for levying penalty u/s 271AAB were being satisfied, the same had been levied. 4.1.3. In his turn, the counsel of the appellant

SHRI PANKAJ KALANI,INDORE vs. THE JCIT, OSD (CENTRAL)-1, INDORE

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year:2012-13

u/s. 271AAA for the AYs under consideration in the case of respective assessees.” [Emphasis Supplied] 2.5.1] Further, in the facts of the present case, legitimate amount of tax due on additional income had been paid well before the conclusion of the assessment as well as penalty proceedings. 2.5.2] The provision of sub-section (2) of section 271AAA of the Income

SHRI DIPAK KALANI,INDORE vs. THE JCIT,OSD, (CENTRAL)-1, INDORE

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year:2012-13

u/s. 271AAA for the AYs under consideration in the case of respective assessees.” [Emphasis Supplied] 2.5.1] Further, in the facts of the present case, legitimate amount of tax due on additional income had been paid well before the conclusion of the assessment as well as penalty proceedings. 2.5.2] The provision of sub-section (2) of section 271AAA of the Income

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

Appeals of the assessee are allowed mutatis mutandis

15 of 29\nPrem Chawla & other\nITA Nos.673 to 684/Ind/2024 & 755/Ind/2024- AY 2000-2001to 2006-07\nProp. M/s Anand Paints & M/s Anand Industries,\nG-2/161, Gulmohar Colony, Bhopal\nSub: Penalty Proceedings u/s 271(1)(c) under Income Tax Act, 1961\nShow cause for A.Y. 2000-01 regarding.\nIn connection with penalty proceedings u/s 271(1)(c) of Income

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

Appeals of the assessee are allowed mutatis mutandis

15 of 29\nPrem Chawla & other\nITA Nos.673 to 684/Ind/2024 & 755/Ind/2024-AY 2000-2001to 2006-07\nProp. M/s Anand Paints & M/s Anand Industries,\nG-2/161, Gulmohar Colony, Bhopal\nSub: Penalty Proceedings u/s 271(1)(c) under Income Tax Act, 1961\nShow cause for A.Y. 2000-01 regarding.\nIn connection with penalty proceedings u/s 271(1)(c) of Income

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 (l)(c) of the Act .... " 8. That the appellant in grounds of appeal before this Honble Bench has not taken any ground as contended in the hearing on 19.07.2018, The only ground taken by the appellant before this I-Ion'ble Bench reads as under: 9.For A Y 2007-08 10." On the facts and circumstances

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 (l)(c) of the Act .... " 8. That the appellant in grounds of appeal before this Honble Bench has not taken any ground as contended in the hearing on 19.07.2018, The only ground taken by the appellant before this I-Ion'ble Bench reads as under: 9.For A Y 2007-08 10." On the facts and circumstances

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 (l)(c) of the Act .... " 8. That the appellant in grounds of appeal before this Honble Bench has not taken any ground as contended in the hearing on 19.07.2018, The only ground taken by the appellant before this I-Ion'ble Bench reads as under: 9.For A Y 2007-08 10." On the facts and circumstances