THE COMMISSIONER OF INCOME TAX vs. M/S BPL SANYO FINANCE LTD

In the result, the appeal filed by the revenue is

Bench: The Tribunal Was Arising From The Order Dated 4Th June 2004 Passed By The Commissioner Of Income Tax (Appeals) Bangalore (For Short “The

271(1) (c) of the Act is legally sustainable in the light of the fact, which surfaced in the survey under Section 133-A of Act, that claim of 100% depreciation made by the respondent-assessee was not only false but was made in respect of non-existent goods, and that penalty is liable to be levied not only

THE COMMISSIONER OF INCOME TAX GULBARGA vs. M/S MANJUNATHA COTTON AND GINNING FACTORY

The appeals are dismissed

Bench: ARAVIND KUMAR,N.KUMAR

13. The said addition was challenged by the assessee in an appeal before the Commissioner of Income Tax (Appeals). In the meanwhile, the matter relating to valuation of the tiles imported by the assessee under Section 14 of the Customs Act came to be decided by the Customs Excise and Service Tax Appellate Tribunal, wherein a part 24 relief

THE COMMISSIONER OF INCOME TAX vs. M/S MAKINO ASIA PVT LTD

Bench: B.MANOHAR,DILIP B.BHOSALE

u/s 143(3) received from the Assessing Officer. The decision of Supreme Court in Hindustan Steel Ltd. V State of Orissa 83 ITR 26 (SC) would be applicable to a case like this since the furnishing of inaccurate particulars, if any, if at best technical in nature. The assessee has shown reasonable cause for filing his return of income

THE COMMISSIONER OF INCOME TAX vs. M/S MWP LTD

Bench: N.KUMAR,RATHNAKALA

u/s 271(1)(c) initiated separately’. 3. The assessee contested the said proceedings by contending that on the date of levy of penalty, the assessee ceased to exist inasmuch as the same was merged with the UB Holdings Ltd., vide Karnataka High Court order dated 31.08.2005. It was contended that the notice issued in proceedings is invalid. On merits

THE PR. COMMISSIONER OF INCOME-TAX vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a Date of Judgment 21-06-2018, ITA No.506/2017 The Pr. Commissioner of Income Tax CIT(A) & Another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 surrender cannot amount to voluntary surrender and the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation

THE PR. COMMISSIONER OF INCOME TAX CIT(A) vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a surrender cannot amount to voluntary surrender and Date of Judgment 21-06-2018, ITA No.503/2017 The Pr. Commissioner of Income Tax CIT(A) & another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation

THE PR. COMMISSIONER OF INCOME TAX CIT(A) vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a surrender cannot amount to voluntary surrender and Date of Judgment 21-06-2018, ITA No.500/2017 The Pr. Commissioner of Income Tax CIT(A) & Another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation

THE PR. COMMISSIONER OF INCOME TAX CIT(A) vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a surrender cannot amount to voluntary surrender and Date of Judgment 21-06-2018, ITA No.502/2017 The Pr. Commissioner of Income Tax CIT(A) & Another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation

THE PR. COMMISSIONER OF INCOME TAX CIT(A) vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a Date of Judgment 21-06-2018, ITA No.505/2017 The Pr. Commissioner of Income Tax CIT(A) & another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 surrender cannot amount to voluntary surrender and the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation

THE PR. COMMISSIONER OF INCOME TAX CIT(A) vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a surrender cannot amount to voluntary surrender and Date of Judgment 21-06-2018, ITA No.501/2017 The Pr. Commissioner of Income Tax CIT(A) & another Vs. M/s Deccan Mining Syndicate Pvt. Ltd. 10/18 the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation

THE PR. COMMISSIONER OF INCOME TAX CIT(A) vs. M/S DECCAN MINING SYNDICATE PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

u/s 132 of the Act and therefore such a surrender cannot amount to voluntary surrender and the Assessing Authority was justified in imposing penalty under Section 271[1][c] of the Act, rejecting the explanation given by the Respondent-Assessee. He has relied upon the decision of this Court in the case of ‘Commissioner of Income Tax v. Manjunatha Cotton

M/S NEW MEDIA COMPANY vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR

M/S. LAKSHMINIRMAN BANGALORE PVT.LTD vs. THE DEPUTY COMMISSIONER OF INCOME-TAX

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR

M/S TEE ENN ENTERPRISES vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR

MINTENT SERVICED APARTMENTS PVT LTD., vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR

SRI CHANDRAKAR K KAMATH vs. THE DEPUTY COMMISSIONER OF

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR

M/S HOTEL FISHLAND vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR

M/S PRODIGY TECHNOVATIONS PVT LTD vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

U/S 200[3] OF PROVISO TO SUB SECTION [3] OF SECTION 206C OF THE INCOME TAX ACT 1961, VIDE ANNEXURES-A1 TO A3. W.P.NOs.16939-16950/2014: BETWEEN: 1. M/s.TEACHERS CO-OPERATIVE BANK LTD., NITHYANANDA COMPLEX, MAIN ROAD, MOODBIDRI-574 227, (REPRESENTED BY ITS MANAGER 26 MRS.S.USHA AGED ABOUT 56 YEARS, D/O SRI.A.P.NATH) 2. SRI SAMPATHRATHNA RAO S S/O.SUNDAR