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

In the result appeal of the assessee is dismissed

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshi

9)(a) of the Act was contemplated too. 2.2 That as and by way of an order (penalty) passed u/s 270A of the Act i.e. “Misreporting penalty u/s 270A” a penalty of Rs.4,16,860/- was levied on the assessee being 200% of Tax on unreported income. That the aforesaid penalty order bears No. ITBA/PNL/F/270A/2021-22/1041697988(1) and that same

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

270A and not of section 271AAC, the AO has made it unambiguously clear that he treated the impugned addition as not representing income u/s 68 to 69D. Therefore, there was no mistake Page 7 of 13 Shri Ram Babu Singh, Bihar ITA No. 17/Ind/2024 – AY 2017-18 whatsoever in the assessment-order and consequently the AO is wrong

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

In the result appeal of the assessee is dismissed

9)(a) of the Act was contemplated too.\n2.2 That as and by way of an order (penalty) passed u/s 270A of\nthe Act i.e. “Misreporting penalty u/s 270A\" a penalty of\nRs.4,16,860/- was levied on the assessee being 200% of Tax on\nunreported income. That the aforesaid penalty order bears No.\nITBA/PNL/F/270A/2021-22/1041697988(1) and that same

M/S PUNYA SHREE JEWELLERS,S4EONI MALWA vs. THE PCIT-1 , BHOPAL

In the result, for the reasons mentioned above, the assessment order u/s 143(3) r

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S Punya Shree Jewellers Pcit (1) Main Road, Seoni Malwa Bhopal Vs. (Appellant / Assessee) (Respondent/ Revenue) Pan: Aapfp9682A Assessee By Shri S.N. Agrawal, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 09.11.2023 Date Of Pronouncement 21.12.2023

9 of 15 ITANo.154/Ind/2023 Punya Shree Jewellers 5.2 The AO in the computation sheet of assessment order has given the details of heads of income reported by assesse as under: Page 10 of 15 ITANo.154/Ind/2023 Punya Shree Jewellers 5.3 Thus, the surrendered income on account of excess stock was declared by the assesse under the head ‘other sources

MALWA OXYGEN AND INDUSTRIAL GASES PRIVATE LIMITED ,SECTOR C, INDUSTRIAL AREA vs. AO-RATLAM/INCOME TAX OFFICER, NFAC, RATLAM/DELHI

Appeal is partly allowed for statistical purposes

section 270A(9)(a) of the act for\nmisrepresentation or suppression of facts. Therefore, the penalty provision of\nsection u/s 270A(9)(a) are initiated separately.\n[Disallowance of Rs.78,72,495/-]\n6. During first appeal, the CIT(A) upheld AO's action by passing following\norder:\n“6.1 From the above discussion, it is clear that the appellant

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