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

154 lTD 448/ 57 taxmann.com 15(Delhi-Trib) where assessee agreed for a declaration on account of excess stock-in trade and paid tax together with interest, no penalty under section 271 AM would be levied. 7.4. Our view is also supported with decision in the case of Concrete Developers vs. ACIT [2013] 34 taxrriann.com 62 (Nag-Trib) wherein

SHRI KULWANT SINGH BHATIA,INDORE vs. THE ADDL. CIT, RANGE-3, INDORE

In the result, all the ix appeals as mentioned above are

Bench: Shri C.M.Garg & Shri O.P.Meenaआ /. सं . अ .

154 under section 132(4) of the Act. Brief facts related to Assessment year 2002-03 are that the assessee has filed his return of income declaring total income at Rs.12,48,650/- including additional income of Rs.9,28,400/-.The assessment was completed u/s. 153A on December 18, 2009 by accepting returned income under section 153A

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

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

M/S. FLEXITUFF INTERNATIONAL LTD.,DHAR vs. DY. CIT 1(1), INDORE

In the result, Assessee’s appeal ITANo

Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year: 2012-13

154/-, loss assessed at Rs.2,40,10,830/-. However since the book profit was Rs.44,84,22,703/-, assessee was liable to pay tax u/s 115JB of the Act on the book profit and the same remained unchanged. Ld. AO initiated the penalty proceedings u/s 271(1)(c) of the Act on the disallowance/addition made in the assessment order. Subsequently

RAM BABU SINGH,BIHAR vs. THE ITO-2(1), BHOPAL, BHOPAL

The appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2017-18 Shri Ram Babu Singh, Income-Tax Officer, Near Gayatri Mandir, 2(1), बनाम/ Saharsa, Bhopal Vs. Bihar (Assessee/Appellant) (Revenue/Respondent) Pan: Cufps2957D Assessee By Shri S.N.Agrawal, Ca & Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 07.05.2024 Date Of Pronouncement 09.05.2024

penalty proceedings u/s 271(1)(c) may not be initiated in respect of such investment, however, he has not issued any show-cause for invoking provisions of section 69 of the Act or has called for any Explanation of the assessee regarding the nature and Page 10 of 13 Shri Ram Babu Singh, Bihar ITA No. 17/Ind/2024

RVR TECHNOLOGIES LTD.,MANDIDEEP vs. ACIT-3(1), BHOPAL

In the result, appeal for A

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

154 taxmann.com 504 (Jaipur - Trib.) (iii) JCIT v. Jitendra Singh Rathore [2013] 352 ITR 327(Raj) Page 11 of 25 ITANo.275 to 277/Ind/2023 RVT Technologies Ltd. (iv) CIT v. Hissaria Brothers [2016] 386 ITR 719 (SC) (v) Omec Engineers vs CIT [2008] 294 Taxman 599 (Jharkhand) (vi) CIT v. Ratna Agencies [2006] 284 ITR 609 (vii) CIT vs Lakshmi Trust

RVR TECHNOLOGIES LTD.,MANDIDEEP vs. ITO-2(1), BHOPAL

In the result, appeal for A

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

154 taxmann.com 504 (Jaipur - Trib.) (iii) JCIT v. Jitendra Singh Rathore [2013] 352 ITR 327(Raj) Page 11 of 25 ITANo.275 to 277/Ind/2023 RVT Technologies Ltd. (iv) CIT v. Hissaria Brothers [2016] 386 ITR 719 (SC) (v) Omec Engineers vs CIT [2008] 294 Taxman 599 (Jharkhand) (vi) CIT v. Ratna Agencies [2006] 284 ITR 609 (vii) CIT vs Lakshmi Trust

RVR TECHNOLOGIES LTD.,MANDIDEEP vs. ADDL. CIT-RANGE-3, BHOPAL

In the result, appeal for A

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

154 taxmann.com 504 (Jaipur - Trib.) (iii) JCIT v. Jitendra Singh Rathore [2013] 352 ITR 327(Raj) Page 11 of 25 ITANo.275 to 277/Ind/2023 RVT Technologies Ltd. (iv) CIT v. Hissaria Brothers [2016] 386 ITR 719 (SC) (v) Omec Engineers vs CIT [2008] 294 Taxman 599 (Jharkhand) (vi) CIT v. Ratna Agencies [2006] 284 ITR 609 (vii) CIT vs Lakshmi Trust

THE ACIT , RATLAM vs. SHRI KAPIL JAIN, RATLAM

In the result appeal of the revenue No

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

154 of the Act for Assessment Year 2015-16 assessee has raised Cross Objections No.16 & 17/Ind/2019 against the above appeals. Appeal No.696/Ind/2018 is raised by the revenue against the order issued u/s 271(1)(c) for Assessment Year 2014-15 and Cross Objection No.18/Ind/2019 has been raised by the assessee against the above appeal. Kapil Jain ITA Nos.694,695, 696/Ind/2018

THE ACIT , RATLAM vs. SHRI KAPIL JAIN, RATLAM

In the result appeal of the revenue No

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

154 of the Act for Assessment Year 2015-16 assessee has raised Cross Objections No.16 & 17/Ind/2019 against the above appeals. Appeal No.696/Ind/2018 is raised by the revenue against the order issued u/s 271(1)(c) for Assessment Year 2014-15 and Cross Objection No.18/Ind/2019 has been raised by the assessee against the above appeal. Kapil Jain ITA Nos.694,695, 696/Ind/2018

THE ACIT , RATLAM vs. SHRI KAPIL JAIN, RATLAM

In the result appeal of the revenue No

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

154 of the Act for Assessment Year 2015-16 assessee has raised Cross Objections No.16 & 17/Ind/2019 against the above appeals. Appeal No.696/Ind/2018 is raised by the revenue against the order issued u/s 271(1)(c) for Assessment Year 2014-15 and Cross Objection No.18/Ind/2019 has been raised by the assessee against the above appeal. Kapil Jain ITA Nos.694,695, 696/Ind/2018

AATMARAM BARASKAR,BHOPAL vs. AO WARD 5(3), BHOPAL

In the result, appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri Manish Boradaatmaram Baraskar Ito- Ward 5(3) 15, Vrandavan Nagar, Bhopal Ayodhya Bypass, Vs. Bhopal (Appellant / Assessee) (Respondent/ Revenue) Pan: Agnpb 7088C Assessee By Shri Manoj Fadnis Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 02.01.2024 Date Of Pronouncement 04.01.2024

penalty order passed u/s 271(1)(c) of the Act for A.Y.2010-11. 2. There is a delay of four days in filing the present appeal. The assesse has filed an affidavit to explain cause of delay. Ld. AR of the assesse has submitted that after receiving the impugned order on ITANo.313/Ind/2023 Aatmaram Baraskar 15th June 2023 the assesse filed

BHAGWAT PRASAD MALVIYA,BHOPAL vs. ITO-3(1), BHOPAL, BHOPAL

The appeal of the assessee is allowed for statistical

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshiassessment Year: 2014-15 Bhagwat Prasad Malviya Ito -3(1) 28, Crp Phatak Road Bhopal बनाम/ Bairagarh, Vs. Bhopal (Assessee/Appellant) (Revenue/Respondent) Pan: Afbpm8998M Assessee By Shri N.D. Patwa, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 02.12.2025 Date Of Pronouncement 04.12.2025

154 is found to be justified. This ground is dismissed. 9.10 Ground 3 relates to that the AO erred in disallowing exemption of Rs. 1,12,73,663 u/s 54B and 54F without proper justification. 9.11 This ground lacks merit in view of the factual analysis done by the AO. The breakup of disallowance is clearly justified as follows: Section

ASSISTANT COMMISSIONER OF INCOME TAX, BHOPAL vs. MADHYA PRADESH RAJYA SAHAKARI ANUSUCHIT JATI VITT EVAM VIKAS NIGAM, BHOPAL

Appeal is allowed for statistical purpose

section 80P of the IT Act, 1961 and\nallowing the appeal of the assessee, thereby deleting the penalty u/s\n271(1)(c) of Rs.1,75,00,000/-, when inaccurate particulars of income are\nclearly apparent from the return of income filed and the submissions of the\nassessee during the penalty proceedings?\"\n2. The background facts leading to present appeal

BALKISHAN KOSHAL ,INDORE vs. INCOME TAX OFFICER, NEW DELHI

Appeals are allowed for statistical

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniay: 2013-14 Shri Balkishan Koshal, Income-Tax Officer, बनाम/ 31, Bhagirathpura, Nfac, Vs. Indore. Delhi (Pan: Bkipk5435L) (Assessee/Appellant) (Revenue/Respondent) Ay: 2013-14 Shri Balkishan Koshal, Income-Tax Officer, बनाम/ 31, Bhagirathpura, Nfac, Vs. Indore. Delhi (Pan: Bkipk5435L) (Assessee/Appellant) (Revenue/Respondent)

271(1)(c) and ultimately passed penalty-order dated 03.02.2022 imposing a penalty of Rs. 4,20,000/- qua the addition of Rs. 14,00,000/-. Aggrieved by both orders, namely assessment-order and penalty-order, the assessee filed two separate appeals to CIT(A) but the CIT(A) noted that the appeals filed by assessee were belated

BALKISHAN KOUSHAL ,INDORE vs. INCOME TAX OFFICER, DELHI

Appeals are allowed for statistical

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniay: 2013-14 Shri Balkishan Koshal, Income-Tax Officer, बनाम/ 31, Bhagirathpura, Nfac, Vs. Indore. Delhi (Pan: Bkipk5435L) (Assessee/Appellant) (Revenue/Respondent) Ay: 2013-14 Shri Balkishan Koshal, Income-Tax Officer, बनाम/ 31, Bhagirathpura, Nfac, Vs. Indore. Delhi (Pan: Bkipk5435L) (Assessee/Appellant) (Revenue/Respondent)

271(1)(c) and ultimately passed penalty-order dated 03.02.2022 imposing a penalty of Rs. 4,20,000/- qua the addition of Rs. 14,00,000/-. Aggrieved by both orders, namely assessment-order and penalty-order, the assessee filed two separate appeals to CIT(A) but the CIT(A) noted that the appeals filed by assessee were belated