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

9) give the various instances that would constitute ‘under-reporting’ or misreporting of income and finally section 270A(6) states that underreported income would not include the amount of undisclosed income referred to in section 271AAB. (ii) Section 271(1)(c) deals with the imposition of penalty in cases where the assessee has concealed the particulars of his income

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

9) give the various instances that would constitute ‘under-reporting’ or misreporting of income and finally section 270A(6) states that underreported income would not include the amount of undisclosed income referred to in section 271AAB. (ii) Section 271(1)(c) deals with the imposition of penalty in cases where the assessee has concealed the particulars of his income

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

9) give the various instances that would constitute ‘under-reporting’ or misreporting of income and finally section 270A(6) states that underreported income would not include the amount of undisclosed income referred to in section 271AAB. (ii) Section 271(1)(c) deals with the imposition of penalty in cases where the assessee has concealed the particulars of his income

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

u/s 271(1)(c) of the Act. For ready reference the\nsection 271(1)(c) of the Act and section 270A are reproduced as\nunder:\nSection 271(1)(c)\n[Failure to furnish returns, comply with notices, concealment of\nincome, etc.\n271. (1) If the Assessing Officer or the Commissioner (Appeals))\nany proceedings under this Act, is satisfied that

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

9 of 13 Shri Ram Babu Singh, Bihar ITA No. 17/Ind/2024 – AY 2017-18 itself. In the present case, admittedly the AO has passed assessment- order charging tax at normal rate and then passed penalty-order dated 04.01.2022 charging higher rate of penalty u/s 270A. This original approach applied by AO was very much in accordance with law. However, subsequently

THE ACIT 5(1), INDORE vs. KU. NISHITA SINGHAL, MHOW DISTT. INDORE

In the result, Revenue’s appeal in ITANo

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2015-16 Acit-5(1) Indore : Appellant

270A or} clause (c) of subsection (1) of section 271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1) 45a!or sub-section (1 A}}. (3) The provision of sections 274 and 275 shall, as far as may be, apply in © relation to the penalty referred to in this section .. Explanation

VIJAYA DARAK,INDORE vs. ACIT CENTRAL-2, BHOPAL, BHOPAL

Appeals are allowed

9, Bhoj Nagar,\n| Bhopal\n| Annapurna Road,\n| बनाम /\n| Near Dwarka Garden,\n| Vs.\n| (Respondent / Revenue)\n| Indore\n| (Appellant / Assessee)\n| PAN: AEHPD5918B\n| Assessee by\n| Shri Harsh Vijaywargiya, CA\n| Revenue by\n| Shri Ashish Porwal, Sr. DR\n| Date of Hearing\n| 30.07.2025\n| Date of Pronouncement\n| 08.08.2025\n\nआदेश/ORDER

DCIT- (CENTRAL)-3, INDORE vs. MRS. JATINDER KAUR BHATIA, KHANDWA

Appeals are dismissed and assessee’s

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

271(1)(c) are hereby initiated in the matter for A.Y. 2015-16 & A.Y. 2016-17. I am also satisfied that the assessee has under-reported his income for A.Y. 2017-18. Therefore, penalty proceedings u/s 270A are hereby initiated in the matter for A.Y. 2017- 18. Further, in view of the provisions of section 271AAB

DCIT- (CENTRAL)-3, INDORE vs. MRS. JATINDER KAUR BHATIA, KHANDWA

Appeals are dismissed and assessee’s

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

271(1)(c) are hereby initiated in the matter for A.Y. 2015-16 & A.Y. 2016-17. I am also satisfied that the assessee has under-reported his income for A.Y. 2017-18. Therefore, penalty proceedings u/s 270A are hereby initiated in the matter for A.Y. 2017- 18. Further, in view of the provisions of section 271AAB

MRS. JATINDER KAUR BHATIA,KHANDWA vs. ACIT- (CENTRAL) UJJAIN, UJJAIN

Appeals are dismissed and assessee’s

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

271(1)(c) are hereby initiated in the matter for A.Y. 2015-16 & A.Y. 2016-17. I am also satisfied that the assessee has under-reported his income for A.Y. 2017-18. Therefore, penalty proceedings u/s 270A are hereby initiated in the matter for A.Y. 2017- 18. Further, in view of the provisions of section 271AAB

ACIT-1(1), INDORE vs. KRITI NUTRIENTS LIMITED, INDORE

The appeal of the Revenue is allowed for statistical\npurposes

270A of the Act for misreporting the\nparticulars of income and u/s 271AAC(1) of the Act, are\nseparately initiated on the issue. (Addition of\nRs.7,2260,000/-)”\nThe Ld. DR has emphasized that no details, no material were\nfurnished by the assessee company that Ld. AO has correctly\npassed the “Impugned Assessment Order”.\nKriti Nutrients Ltd.\nITA No. 780/Ind/2024

M/S. M. LODHA IMPEX,RATLAM vs. THE ITO-1, RATLAM

In the result, the appeal of the assessee is partly allowed

Bench: Shri Kul Bharat & Shri Manish Boradआ.अ.सं /.I.T.A. No. 185/Ind/2016 "नधा"रणवष" / Assessment Year: 2000-01 M/S.M.Lodha Impex, Vs. Income-Tax Officer, 117-118, Manak Chowk, Ward 1, Ratlam. Ratlam.

9. The Ld. Counsel for the assessee contended that the assessee firm derives income from manufacturing of Umbrella. The assessee filed return of Income declaring total loss of Rs. 5075/- on 30-10-2000 and filed revised return on 9th April, 2001, claiming refund of TDS of Rs.1,75,815/-. The assesse also filed application for rectification u/s