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2 results for “section 68”+ Section 270A(2)(b)clear

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Key Topics

Section 270A11Section 1546Section 115B5Section 69A2Section 2742Penalty2Addition to Income2

MANOJ KUMAR GANGADHARAN,BHOPAL vs. ITO (IT AND TP) BHOPAL, BHOPAL

In the result appeal of the assessee is dismissed

ITA 671/IND/2024[2018-19]Status: DisposedITAT Indore09 Oct 2025AY 2018-19

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshi

Section 143(3)Section 24Section 250Section 253Section 270ASection 270A(9)(a)Section 274

68 required as per Rule 129 in accordance of the provisions of section 270AA of the Act for immunity from penalty proceedings u/s 270A, hence order u/s 270AA(4) cannot be passed in the case of the assessee and immunity from imposition of penalty cannot be granted to the assessee. The case laws quoted by the assessee have been

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

The appeal of the assessee is allowed

ITA 17/IND/2024[2017-18]Status: HeardITAT Indore09 May 2024AY 2017-18

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

Section 115BSection 143(2)Section 154Section 270ASection 271ASection 69A

2 of 13 Shri Ram Babu Singh, Bihar ITA No. 17/Ind/2024 – AY 2017-18 withdrawals from bank immediately preceding the cash deposits. Alongwith that the assessee has throughout his statement never explained the actual source of the deposits. 7. The reason stated by the assessee for cash deposit of Rs. 20,50,000/- during demonetization period is neither acceptable