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8 results for “penalty u/s 271”+ Section 160clear

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Key Topics

Addition to Income8Section 686Section 1475Disallowance5Section 69A3Section 2532Section 2502Section 246A2Section 153A2

THE ACIT ,CENTRAL-1, INDORE vs. M/S PRAKASH OILS LTD., DHAR

In the result, the above captioned appeals filed by the Revenue as well as the

ITA 226/IND/2021[2012-2013]Status: DisposedITAT Indore30 Jan 2023AY 2012-2013

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyani

For Appellant: Shri Ajay Tulsian, CA &For Respondent: Shri P.K. Mishra, CIT, DR
Section 147

271, howsoever grave the suspicion the AO may entertain, the suspicion cannot take place of the evidence or finding of fact. The CO Nos.2 to 4/Ind/2022 suspicion on the AO’s part can certainly prompt him to conduct enquiry & investigation but ultimate finding of the authority must be based on the material or evidences gathered by him and which

THE ACIT,CENTRAL-1, INDORE vs. M/S PRAKASH OILS LTD., DHAR

In the result, the above captioned appeals filed by the Revenue as well as the

Section 143(3)2
TDS2
Penalty2
ITA 235/IND/2021[2011-12]Status: Disposed
ITAT Indore
30 Jan 2023
AY 2011-12

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyani

For Appellant: Shri Ajay Tulsian, CA &For Respondent: Shri P.K. Mishra, CIT, DR
Section 147

271, howsoever grave the suspicion the AO may entertain, the suspicion cannot take place of the evidence or finding of fact. The CO Nos.2 to 4/Ind/2022 suspicion on the AO’s part can certainly prompt him to conduct enquiry & investigation but ultimate finding of the authority must be based on the material or evidences gathered by him and which

THE ADDL. CIT RANGE -1, INDORE vs. M/S PRAKASH OILS LTD., DHAR

In the result, the above captioned appeals filed by the Revenue as well as the

ITA 227/IND/2021[2015-16]Status: DisposedITAT Indore30 Jan 2023AY 2015-16

Bench: Shri C.M. Garg & Shri Bhagirath Mal Biyani

For Appellant: Shri Ajay Tulsian, CA &For Respondent: Shri P.K. Mishra, CIT, DR
Section 147

271, howsoever grave the suspicion the AO may entertain, the suspicion cannot take place of the evidence or finding of fact. The CO Nos.2 to 4/Ind/2022 suspicion on the AO’s part can certainly prompt him to conduct enquiry & investigation but ultimate finding of the authority must be based on the material or evidences gathered by him and which

M/S BAGORA DEVELOPERS P LTD ,INDORE vs. THE AIT OSD , INDORE

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

ITA 73/IND/2021[2011-12]Status: DisposedITAT Indore15 Feb 2024AY 2011-12

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S. Bagora Developers Pvt. Acit- Ltd. Indore 34, Revenue Nagar Vs. Indore (Appellant / Assessee) (Respondent/ Revenue) Pan: Aaecb6424E Assessee By Shri Siddharth Mahajan & Ashok Mahajan, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 15.01.2024 Date Of Pronouncement 15.02.2024

Section 148Section 234ASection 234BSection 271(1)(c)Section 271F

271(1)(c) of the Act. 6.That the Id. AO erred in starting penalty proceedings u/s 271F of the Act." Page 2 of 7 ITANo.73/Ind/2021 Bagora Developers P. ltd. 5. As regard Ground no. 2 the assessee has challenged the validity of assessment order passed by the AO being against non- existing entity during the financial year relevant

DCIT (CENTRAL), BHOPAL vs. SHAILENDRA SHARMA, BHOPAL

In the result the appeals of the assessee for the Assessment

ITA 305/IND/2023[2015-16]Status: DisposedITAT Indore24 Jun 2024AY 2015-16

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

Section 142(1)Section 153A

271(1) (c) of the IT are initiated separately for A.Ys 2015-16.” 24. It is pertinent to note that in the statement recorded u/s 134 of the Act and to answer the Question No.22, the assessee has stated that the details in this diary are related to election management activities as well as election management expenditure. The statement

SURESHCHAND LAKHMICHAND JAIN,BASODA vs. INCOME TAX OFFICER, VIDISHA

Appeal is allowed partly

ITA 545/IND/2024[2017-18]Status: DisposedITAT Indore30 Jan 2025AY 2017-18

Bench: Shri B.M. Biyani & Shri Dinesh Mohan Sinhaassessment Year: 2017-18 Sureshchand Lakhmichand Ito, Vidisha Jain, 19, M/S. Suresh Chand Adesh बनाम Kumar, / Sironj Road, Gandhi Chowk Vs. Ganj Basoda (Assessee/Appellant) (Revenue/Respondent) Pan: Admpj6555G Assessee By Shri Manish Dafaria, Ca & Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 01.01.2025 Date Of Pronouncement 30.01.2025

Section 115Section 115BSection 143(2)Section 143(3)Section 271Section 69A

160 18.12.2016 1000 X 7 Rs.1,85,000/- (SBN) 500 X 236 21.12.2016 1000 X 9 Rs.40,000/- (SBN) 500 X 62 26.12.2016 2000 X 300 Rs.7,00,000/- 100 X 900 50 X 100 10 X 500 30.12.2016 2000 X 300 Rs.2,90,000/- 100 X 1500 50 X 700 20 X 200 10 X 100 Page

INCOME TAX OFFICER, AAYAKAR BHAWAN KHARGONE vs. IBRAHIM ABBASALI BOHRA, BARWAHA

The appeal of the Revenue is dismissed

ITA 119/IND/2025[2013-14]Status: DisposedITAT Indore27 Mar 2026AY 2013-14

Bench: Shri B.M. Biyani & Shri Paresh M Joshi

Section 147Section 246ASection 250Section 253Section 68

section 147/148 of the Income Tax Act. 2. That on the facts and circumstances of the case Ld. Assessing Officer /NFAC erred in initiation of re assessment proceedings merely on the basis of alleged statement of one of director of the loan creditor companies. 3. That Ld. AO has further erred in reopening the instant case of appellant merely based

INCOME TAX OFFICER-KHARGONE, AAYAKAR BHAWAN KHARGONE vs. IBRAHIM ABBASALI BOHRA, BARWAHA

The appeal of the Revenue is dismissed

ITA 120/IND/2025[2014-15]Status: DisposedITAT Indore27 Mar 2026AY 2014-15

Bench: Shri B.M. Biyani & Shri Paresh M Joshi

Section 147Section 246ASection 250Section 253Section 68

section 147/148 of the Income Tax Act. 2. That on the facts and circumstances of the case Ld. Assessing Officer /NFAC erred in initiation of re assessment proceedings merely on the basis of alleged statement of one of director of the loan creditor companies. 3. That Ld. AO has further erred in reopening the instant case of appellant merely based