Search: penalty u/s 271

2 results for “penalty u/s 271”+ Section 801Bclear

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Key Topics

Section 80I9 Section 271(1)4 Section 8012 Section 14A2 Section 271(1)(c)2 Section 802 Section 143(3)2 Deduction2

NEEL KANTH GUM AND CHEMICALS ,JHUNJHUNU vs. ACIT, CIRCLE JHUNJHUNU, INCOME TAX OFFICE, JHUNJHUNU

In the result, the appeal of the assesee is allowed

ITA 805/JPR/2023[A.Y. 2012-13]Status: DisposedITAT Jaipur09 Apr 2024

Bench: SHRI SANDEEP GOSAIN (Judicial Member), DR MITHA LAL MEENA (Accountant Member)

For Appellant: Shri G.S. Mehta, CAFor Respondent: Smt. Monisha Choudhary, Addl CIT-DR

Section 143(3)Section 271(1)Section 271(1)(c)Section 80Section 801Section 80I

section 271/271(1)(c) are not attracted. The deduction claimed u/s 801B was disallowed on legal grounds which could not be anticipated by the assessee. Mumbai ITAT bench in the case of Salman Khan vs ACIT (2014-ITRV-ITAT- MUM-149] held that if any claim is debatable there would be no penalty u/s 271

NEEL KANTH GUM AND CHEMICALS ,JHUNJHUNU vs. ACIT, CIRCLE JHUNJHUNU, INCOME TAX OFFICE, JHUNJHUNU

NEEL KANTH GUM AND CHEMICALS ,JHUNJHUNU vs. ACIT, CIRCLE JHUNJHUNU, INCOME TAX OFFICE, JHUNJHUNU

DCIT, CIRCLE-3, JAIPUR, JAIPUR vs. M/S. JOY SYNDICATE & ENCLAVE PVT. LTD. , JAIPUR