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

GAURAV AJMERA,RATLAM vs. DCIT(CENTRAL)-2, INDORE

Accordingly, Ground No.2 raised by the Revenue is allowed

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

58,000/- for the assessment year under consideration and the same was offered in its return of income. 2. On the facts and in the circumstances of the case, the Ld. CIT(A) has erred in law and in facts by deleting the penalty u/s 271AAB of the I.T. Act, 1961 without appreciating the fact that in the show cause

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

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

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT 2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

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

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

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

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

M/S INDUSTRIAL FILTERS & FABRICS PRIVATE LIMITED,INDORE vs. THE ACIT-2(1), INDORE

In the result, the appeals filed by the assessee

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08

58,272/- to ESI and PF. Ld. Counsel for the assessee submitted that this issue is no more res integra. The issue has already been decided in favour of the assessee by the judgement of Hon'ble Rajasthan High Court in the case of Principal Commissioner of Income Tax, Jaipur-2 Vs. M/s. Rajasthan State Beverages Corporation

M/S KEVAL (INDIA) LTD,INDORE vs. DCIT-R 1(1) , INDORE

In the result both the appeals of the assessee ITA No

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

Section 43(5) of the Act and can be set off only against as speculative profit. Subsequently Ld. A.O initiated the penalty proceedings u/s 271(1)(c)of the Act on the disallowance of loss. 5. In the instant two appeals the common issues raised relates to levy of penalty u/s 271

M/S KEVAL ( INDIA ) LTD,INDORE vs. DCIT-R-1 (1) , INDORE

In the result both the appeals of the assessee ITA No

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

Section 43(5) of the Act and can be set off only against as speculative profit. Subsequently Ld. A.O initiated the penalty proceedings u/s 271(1)(c)of the Act on the disallowance of loss. 5. In the instant two appeals the common issues raised relates to levy of penalty u/s 271

M/S AKSHAY SHAKTI SHIKSHA AVAM SAMAJ KALYAN SAMITI,BHOPAL vs. THE ACIT 1(1), BHOPAL

In the result, the assessee’s appeals for assessment

Bench: Shri Kul Bharat, Hon’Ble & Shri Manish Borad, Hon’Bleita Nos. 518 To 520/Ind/2016 A.Ys. 2007-08, 2009-10 & 2010-11

section 271(1)(c) of the Act(1)(c) of the Act. Therefore, in our considered view, the learned Commissioner of Income Tax (Appeals) has rightly confirmed the penalty of Rs.4,77,000/- u/s 271(1)(c) of the Akshay Shakti Shiksha ITA Nos.518,519 & 520/Ind/2016 Act(1)(c) of the Act. No interference is, therefore, called

M/S AKSHAY SHAKTI SHIKSHA AVAM SAMAJ KALYAN SAMITI,BHOPAL vs. THE ACIT 1(1), BHOPAL

In the result, the assessee’s appeals for assessment

Bench: Shri Kul Bharat, Hon’Ble & Shri Manish Borad, Hon’Bleita Nos. 518 To 520/Ind/2016 A.Ys. 2007-08, 2009-10 & 2010-11

section 271(1)(c) of the Act(1)(c) of the Act. Therefore, in our considered view, the learned Commissioner of Income Tax (Appeals) has rightly confirmed the penalty of Rs.4,77,000/- u/s 271(1)(c) of the Akshay Shakti Shiksha ITA Nos.518,519 & 520/Ind/2016 Act(1)(c) of the Act. No interference is, therefore, called

M/S AKSHAY SHAKTI SHIKSHA AVAM SAMAJ KALYAN SAMITI,BHOPAL vs. THE ACIT 1(1), BHOPAL

In the result, the assessee’s appeals for assessment

Bench: Shri Kul Bharat, Hon’Ble & Shri Manish Borad, Hon’Bleita Nos. 518 To 520/Ind/2016 A.Ys. 2007-08, 2009-10 & 2010-11

section 271(1)(c) of the Act(1)(c) of the Act. Therefore, in our considered view, the learned Commissioner of Income Tax (Appeals) has rightly confirmed the penalty of Rs.4,77,000/- u/s 271(1)(c) of the Akshay Shakti Shiksha ITA Nos.518,519 & 520/Ind/2016 Act(1)(c) of the Act. No interference is, therefore, called

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

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

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