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6 results for “penalty u/s 271”+ Section 56(2)(vii)clear

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Key Topics

Section 688Section 1486Addition to Income6Section 56(2)(viib)5Section 115B5Section 1475Penalty4Section 143(3)3Section 253

M/S OREF SECURITIES PRIVATE LTD. ,MANDSAUR vs. INCOME TAX OFFICER, INDORE

In the result, appeal of the assessee is allowed

ITA 70/IND/2018[2013-14]Status: DisposedITAT Indore17 Nov 2021AY 2013-14

Bench: Shri Manish Borad & Ms.Madhumita Royआयकर अपील सं./ Ita No.70/Ind/2018 "नधा"रण वष"/Asstt. Year: 2013-14 Vs. Ito, Mandsaur. M/S.Oref Securities P.Ltd. 69, Agrasen Nagar B/H. Mid India Mandsaur.

For Appellant: Shri S. S. Solanki, CAFor Respondent: Shri Rajib Jain, CIT-DR
Section 133(6)Section 143(3)Section 271(1)Section 56(2)Section 56(2)(vii)Section 56(2)(viib)Section 68

penalty proceedings u/s 271(1)9c) are also initiated.” 3. Before the ld.CIT(A), the appellant filed following written submissions: With regard to the Income Tax Appeal in the case of our above named client company for the Assessment Year 2013-14, we have to submit as under:- Ground No. 1 1.1 This ground relate to deemed addition

3
Section 2503
Short Term Capital Gains2
Unexplained Investment2

THE DCIT, (EXEMPTION) CIRCLE, BHOPAL vs. M/S. MAYANK WELFARE SOCIETY, BHOPAL

In the result, Revenue’s appeal for the AY 2013-14

ITA 232/IND/2017[2013-14]Status: DisposedITAT Indore29 Oct 2021AY 2013-14

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2013-14

Section 115BSection 143(3)

vii) Trust or institutions referred to in section 11. (2) Includes any income by way of any anonymous donation. (3) Income tax payable shall be the aggregate of the amount of income tax calculation on the income by way of any anonymous donation @ 30 %. (4) Amount of income tax with which the assessee would have been chargeable had his total

ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION) CIRCLE BHOPAL, BHOPAL vs. MAYANK WELFARE SOCIETY, INDORE

In the result, Revenue’s appeal for the AY 2013-14

ITA 776/IND/2018[2015-16]Status: DisposedITAT Indore29 Oct 2021AY 2015-16

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2013-14

Section 115BSection 143(3)

vii) Trust or institutions referred to in section 11. (2) Includes any income by way of any anonymous donation. (3) Income tax payable shall be the aggregate of the amount of income tax calculation on the income by way of any anonymous donation @ 30 %. (4) Amount of income tax with which the assessee would have been chargeable had his total

LATE SHRI RAMANAND TAPARIA TH/LH CHANDA DEVI TAPARIA,INDORE vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

Appeal of the assessee is allowed for statistical\npurpose

ITA 261/IND/2025[2014-15]Status: DisposedITAT Indore21 Nov 2025AY 2014-15
Section 142(1)Section 143(2)Section 147Section 148Section 250Section 253Section 271(1)(c)

Penalty proceedings u/s 271(1)(c) is also\ninitiated separately for concealment of particulars of\nincome as mentioned above\".\nFurther an addition of Rs.2,30,820 of STCG was also made to\nincome which was Shown as NIL in ROI. It may be noted that the\nappellant has accepted the said addition and same has not been\nagitated before

LATE SHRI RAMANAND TAPARIA TH/LH CHANDADEVI TAPARIA ,INDORE vs. NATIONAL FACELESS ASSESSMENT CENTREQ, DELHI

Appeal of the assessee is allowed for statistical\npurpose

ITA 262/IND/2025[2013-14]Status: DisposedITAT Indore21 Nov 2025AY 2013-14
Section 142(1)Section 143(2)Section 147Section 148Section 250Section 253Section 271(1)(c)

Penalty proceedings u/s 271(1)(c) is also\ninitiated separately for concealment of particulars of\nincome as mentioned above\".\nFurther an addition of Rs.2,30,820 of STCG was also made to\nincome which was Shown as NIL in ROI. It may be noted that the\nappellant has accepted the said addition and same has not been\nagitated before

KHOJEMA BOHRA,INDORE vs. INCOME TAX OFFICER, NFAC, DELHI

Appeals are allowed

ITA 812/IND/2024[2014-2015]Status: DisposedITAT Indore22 Jan 2026AY 2014-2015
Section 115BSection 147Section 250Section 253Section 271(1)(c)Section 68

56,940/-. The addition u/s 68\nof Rs.23,00,000/- was made. The aforesaid assessment order\nis hereinafter referred to as the \"Impugned Assessment\nOrder\". The relevant portion of para 4.15 of the impugned\nassessment order is reproduced as under:-\n4.15 On verification it is seen that Shri Sharad Kumar Darak was\ninvolved in providing accommodation entries in the form