TERAI FRUITS COMPANY,SILIGURI vs. INCOME TAX OFFICER, WARD-1(1), SILIGURI, SILIGURI

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

Bench: Sri Pradip Kumar Choubey & Sri Rakesh Mishra

1) An assessee may make an application to the Assessing Officer to grant immunity from imposition of penalty under section 270A and initiation of proceedings under section 276C or section 276CC, if he fulfils the following conditions, namely:— (a) the tax and interest payable as per the order of assessment or reassessment

DEPUTY COMMISSIONER OF INCOME TAX, CIR-3(2), GANGTOK, GANGTOK SIKKIM vs. SIKKIM STATE COOPERATIVE SUPPLY AND MARKETING FEDERATION LIMITED, GANGTOK SIKKIM

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

270A is also imposable on account of under reporting of income in consequence of mis-reporting of income once it is determined that the claim of deduction u/s. 80(P)(2)(d) of the Income Tax Act, 1961 is wrong.” 6. The Ld. AR has also filed the written submissions as under: “The basic issue is whether the interest received

THE DCIT, CIR-3(2) GANGTOK, GANGTOK SIKKIM vs. SIKKIM STATE COOPERATIVE SUPPLY AND MARKETING FEDERATION LIMITED , GANGTOK SIKKIM

Bench: Shri Pradip Kumar Choubey & Shri Rakesh Mishra

270A is also imposable on account of under reporting of income in consequence of mis-reporting of income once it is determined that the claim of deduction u/s. 80(P)(2)(d) of the Income Tax Act, 1961 is wrong.” 6. The Ld. AR has also filed the written submissions as under: “The basic issue is whether the interest received

VERTEX DEVELOPERS,KOLKATA vs. ITO, WARD-40(1), KOLKATA

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

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 1974/Kol/2024 Assessment Year: 2017-2018 Vertex Developers,……………………..…………Appellant Bd-150, Samarpally, Kestopur, Kolkata-700101 [Pan:Aajfv8233F] -Vs.- Income Tax Officer,……………………………...Respondent Ward-40(1), Kolkata,/ Asst. Unit, Nfac, Office Of The Ito, Kolkata, 3, Government Place West, Kolkata-700001

1) barred is illegal, arbitrary and beyond the records of the case as much as the petitioner in his appeal already explained the reasons for delay in preferring the appeal. For that the appellant assessee was completely unaware of (2) the quantum assessment order framed u/s 144 o" the Act, and initiation of subsequent penalty proceedings j/s 270A & 272A