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2 results for “penalty u/s 271”+ Charitable Trustclear

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Key Topics

Section 12A3Section 11(1)(A)3Section 2502Section 143(2)2Section 1472Exemption2

JERMEL'S ACCADEMY,SILIGURI vs. I.T.O., WARD - 1(4), , SILIGURI

In the result, the appeal filed by the assessee is allowed as per the directions mentioned above

ITA 1652/KOL/2024[2016-2017]Status: DisposedITAT Kolkata10 Mar 2025AY 2016-2017

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

Section 11(1)Section 11(1)(A)Section 12ASection 12A(2)Section 139(1)Section 143(2)Section 147Section 148Section 250

Penalty proceedings u/s 271(1)(c) of the I.T Act are also initiated for furnishing inaccurate particulars of income in the return.” Page 3 of 13 I.T.A. No.: 1652/KOL/2024 Assessment Year: 2016-17 Jermel's Accademy. 4. The total income was accordingly assessed u/s 143(3)/147 of the Act at Rs. 3,98,75,551/-. Aggrieved with the assessment

BATANAGAR EDUCATION AND RESEARCH TRUST ,KOLKATA vs. ITO, WARD-1(2), EXEMPT, KOLKATA

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 848/KOL/2024[2013-14]Status: DisposedITAT Kolkata12 Nov 2024AY 2013-14

Bench: Sri Rajesh Kumar & Pradip Kumar Choubey

Section 12ASection 133ASection 142(1)Section 143(2)Section 143(3)Section 250Section 271(1)(c)

charitable Trust engaged in running an educational institution in the I.T.A. No.: 848/KOL/2024 Assessment Year: 2013-14 Batanagar Education and Research Trust. name of Batanagar Institute of Engineering, management and Science,de filed its return of income on 29.09.2013 declaring total loss of Rs. 6,41,07,639/-. The case of the assessee was selected for scrutiny, notice u/s