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3 results for “penalty u/s 271”+ Section 54Fclear

Sorted by relevance

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Key Topics

Section 2638Section 1478Section 1485Section 54F3Penalty3Section 269S2Section 271D2Section 143(3)2Section 139(1)2Cash Deposit

MOHAMMED GYASUDDIN,KOLKATA vs. ACIT, CIR.-30, KOLKATA

In the result, the appeal filed by the assessee is allowed

ITA 570/KOL/2020[2011-12]Status: DisposedITAT Kolkata16 May 2024AY 2011-12

Bench: Sri Sanjay Garg & Sri Sanjay Awasthi

Section 143(3)Section 147Section 148Section 263Section 269SSection 271D

271(1)(c), 271D and 271E read with Section 274 of the Act.” Page 3 of 15 I.T.A. No.: 570/KOL/2020 Assessment Year: 2011-12 Mohammed Gyasuddin. 3.2. With this finding he set aside to the AO for detailed verification of cash transaction to the tune of Rs. 5,21,17,075/-. 3.3. It needs to be mentioned that the present

MOHAMMED GYASUDDIN,KOLKATA vs. ACIT, CIR.-30, KOLKATA

2
Addition to Income2

In the result, the appeal filed by the assessee is allowed

ITA 571/KOL/2020[2012-12]Status: DisposedITAT Kolkata16 May 2024AY 2012-12

Bench: Sri Sanjay Garg & Sri Sanjay Awasthi

Section 143(3)Section 147Section 148Section 263Section 269SSection 271D

271(1)(c), 271D and 271E r.w.s 274 of the Act. ……………………………………………………………………………………………... ……………………………………………………………………………………………... 19. However, as stated in various paras supra, the assessee has been indulging in cash transactions to the tune of Rs. 1,56,50,000/- during the FY 2011-12 relevant to AY 2012-13. Though the AO has given a set off of Rs.8,50,944/- wrongly without

GOPAL KUNDU ROY,SILIGURI vs. ITO, WARD 1(3),, SILIGURI

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 2263/KOL/2025[2014-2015]Status: DisposedITAT Kolkata09 Dec 2025AY 2014-2015

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 2263/Kol/2025 Assessment Year: 2014-2015 Gopal Kundu Roy,……………………………….…Appellant ‘Hare Krishna Bhawan’, P.O. Rabindra Sarani, Rathkhola Bazar, Siliguri-734006, West Bengal [Pan:Acgpr0359H] -Vs.- Income Tax Officer,……………………………..Respondent Ward-1(3), Siliguri, Aayakar Bhawan, Paribahan Nagar, Matigara, Dist. Darjeeling-734010, W.B.

Section 139(1)Section 143(1)Section 147Section 148Section 271(1)(c)Section 54F

u/s. 148 Rs.3,12,447/- plus Rs.13,18,901/- (stamp duty Rs.15,09,374/- minus Rs.1,90,473/- as cost of acquisition)] and initiated penalty proceedings under section 271(1)(c) of the Act in respect of concealed the particulars of income. 2 Gopal Kundu Roy 3. On being aggrieved, the assessee preferred an appeal before the ld. CIT(Appeals