THE ACIT CEN CIR-13, MUMBAI vs. SHRI AMRITLAL MALI, MUMBAI

In the result, the appeals of the Revenue are dismissed

Bench: The Bench & Considered For Disposal.

investment is Rs. 1,66,66,000/-. Penalty proceedings u/s 271(1)(c) is initiated. 6. Aggrieved, from the said order of assessment the assessee has filed an appeal before the ld. CIT(A). The ld. CIT(A) after hearing the contention of the assessee dismissed the appeal of the assessee by giving following findings on the issue

THE ACIT CEN CIR-13, MUMBAI vs. SHRI JHALARAM DEWASI (ALIAS SANJAY T. JAIN), RAJASTHAN

In the result, the appeals of the Revenue are dismissed

Bench: The Bench & Considered For Disposal.

investment is Rs. 1,66,66,000/-. Penalty proceedings u/s 271(1)(c) is initiated. 6. Aggrieved, from the said order of assessment the assessee has filed an appeal before the ld. CIT(A). The ld. CIT(A) after hearing the contention of the assessee dismissed the appeal of the assessee by giving following findings on the issue

MANOHAR SINGH,JODHPUR vs. ITO, WARD-1(3),, JODHPUR

In the result, the appeal of the assessee is partly allowed

unexplained income and added it to the respondent’s income and the Inspecting Assistant Commission also imposed a penalty of Rs. 50,000 under s. 271(1)(c). But the Tribunal held that because the respondent could not produce the parties, it did not follow automatically that an adverse inference should be drawn that the amount represented undisclosed income

RACHNA GOYAL,JODHPUR vs. ITO, WARD-1(2), JODHPUR

In the result, appeal of the assessee is dismissed

271(1)(c) holding that not to tick correct limb of the notice regarding\nconcealment of income or inaccurate particulars of income, renders the notice and\nconsequential proceedings as invalid and void, was confirmed by the Hon'ble\nSupreme Court in the case of M/s. SSSA Emerald Meadows. Copy of notice u/s\n148 is enclosed-2.\n(2)\nThat