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71 results for “penalty u/s 271”+ Rectification u/s 154clear

Sorted by relevance

Mumbai71Chennai47Delhi43Jaipur31Visakhapatnam20Indore17Chandigarh13Ahmedabad13Kolkata12Hyderabad10Bangalore10Agra9Lucknow8Nagpur6Raipur6Rajkot6Pune5Allahabad4Cochin3Jabalpur3Cuttack3Surat1Amritsar1

Key Topics

Section 143(3)40Section 15439Disallowance34Addition to Income30Penalty28Section 271(1)(c)23Section 25022Section 69A20Depreciation

THE DCIT-1(3)(1) MUMBAI, MUMBAI vs. M/S FERN INFRASTRUCTURE PVT LTD, MUMBAI

In the result, appeal filed by the Revenue is dismissed

ITA 1402/MUM/2022[2012-13]Status: DisposedITAT Mumbai08 Feb 2023AY 2012-13

Bench: Shri Kuldip Singh, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Section 139Section 143Section 154Section 271(1)Section 271(1)(c)Section 32

penalty u/s 271(1)(c) is attracted only if any person has concealed the particulars of his income or has furnished inaccurate particulars of such income. I have carefully considered the nature of additions made by the AO and case-laws relied upon by the appellant. In the rectification order passed u/s. 154

Showing 1–20 of 71 · Page 1 of 4

20
Rectification u/s 15418
Deduction15
Section 11(1)13

ALKA ASHOK JAGTAP,KALYAN vs. INCOME TAX OFFICER, KALYAN

ITA 7524/MUM/2025[2009-10]Status: DisposedITAT Mumbai27 Jan 2026AY 2009-10

Bench: Shri Amit Shukla& Shri Makarand Vasant Mahadeokaralka Ashok Jagtap Income Tax Office C-304, Regency Avenue Rani Mansion Syndicate, Murbad Road, Vs. Kalyan, Kalyan Kalyan West, Thane- 421301, Kalyan Pan/Gir No. Ahtpj7760J (Applicant) (Respondent) Assessee By Shri Sunil Jain Revenue By Shri Surendra Mohan, Sr Dr Date Of Hearing 22.01.2026 Date Of Pronouncement 27.01.2026

Section 143(1)Section 143(3)Section 147Section 148Section 154Section 271(1)(c)Section 274

rectification order under section 154 dated 19.06.2018, the Assessing Officer, Income Tax Officer, Ward-3(1), Kalyan, passed an order giving effect dated 19.06.2018, determining the revised total income of the assessee at Rs. 7,09,828/-. 7. Thereafter, the Assessing Officer initiated penalty proceedings under section 271(1)(c). Notices under section 274 read with section 271

SHREE BAL CONSTRUCTIONS P. LTD,MUMBAI vs. ACIT OSD 2(3), MUMBAI

In the result, appeal filed by the Revenue is dismissed

ITA 656/MUM/2013[2007-08]Status: DisposedITAT Mumbai30 Jan 2023AY 2007-08

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blem/S. Shree Bal Constructions Pvt. Ltd., V. Acit – Osd – 2(3) Office No. 4, Buona Casa Mumbai 2Nd Floor, Opp. Kashmir Art Emporium Fort, Mumbai - 400001 Pan: Aabcs1781J (Appellant) (Respondent) Acit – Osd – 2(3) V. M/S. Shree Bal Constructions Pvt. Ltd., Room No. 556, 5Th Floor Office No. 4, Buona Casa Aayakar Bhavan, M.K. Road 2Nd Floor, Opp. Kashmir Art Emporium Fort, Mumbai - 400001 Mumbai - 400020 Pan: Aabcs1781J (Appellant) (Respondent)

Section 143(1)Section 143(2)Section 154Section 271(1)(c)

271(1)(c) of Income-tax Act, 1961 (in short “Act”) respectively for the A.Y. 2007-08. 2. First we shall deal with the cross appeals filed by the assessee as well as revenue. 3. Brief facts of the case are, assessee is a Company in which public are not substantially interested and which is engaged in the business

ITO 2(3)(2), MUMBAI vs. SHREE BAL CONSTRUCTION P. LTD, MUMBAI

In the result, appeal filed by the Revenue is dismissed

ITA 4787/MUM/2014[2007-08]Status: DisposedITAT Mumbai30 Jan 2023AY 2007-08

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Blem/S. Shree Bal Constructions Pvt. Ltd., V. Acit – Osd – 2(3) Office No. 4, Buona Casa Mumbai 2Nd Floor, Opp. Kashmir Art Emporium Fort, Mumbai - 400001 Pan: Aabcs1781J (Appellant) (Respondent) Acit – Osd – 2(3) V. M/S. Shree Bal Constructions Pvt. Ltd., Room No. 556, 5Th Floor Office No. 4, Buona Casa Aayakar Bhavan, M.K. Road 2Nd Floor, Opp. Kashmir Art Emporium Fort, Mumbai - 400001 Mumbai - 400020 Pan: Aabcs1781J (Appellant) (Respondent)

Section 143(1)Section 143(2)Section 154Section 271(1)(c)

271(1)(c) of Income-tax Act, 1961 (in short “Act”) respectively for the A.Y. 2007-08. 2. First we shall deal with the cross appeals filed by the assessee as well as revenue. 3. Brief facts of the case are, assessee is a Company in which public are not substantially interested and which is engaged in the business

GOLDEN SQUARE CHS LTD.,MUMBAI vs. ITO-22 (1)(5), MUMBAI

In the result, the two appeals filed by the assesee are allowed

ITA 572/MUM/2023[2012-13]Status: DisposedITAT Mumbai05 May 2023AY 2012-13

Bench: Shir Pavan Kumar Gadaleita No. 572 & 573/Mum/2023 (A.Y: 2012-13 & 2013-14) Golden Square Chsltd., Vs. Ito – 22(1)(5),Roomno. Cst Road, Sunder Nagar 323,3Rdfloor,Piramal Kalina, Santicruz (E) Chamber,Lalbaug, Mumbai. 400098 Parel, Mumbai.400012 Pan/Gir No. : Aaaag2527M Appellant .. Respondent Appellant By : Shri Kunal Lunawat & Shri Rajendra Kumar Jain.Ar Respondent By : Shri Rajendra Chandekar.Dr Date Of Hearing 02.05.2023 Date Of Pronouncement 04.05.2023 आदेश / O R D E R Per Pavan Kumar Gadale Jm: These Are The Two Appeals Filed The Assessee Against The Different Orders Of The National Faceless Appeal Centre (Nfac)/Cit(A), Delhi Passed U/S 250 Of The Act.

For Appellant: Shri Kunal Lunawat, &For Respondent: Shri Rajendra Chandekar.DR
Section 143(1)Section 154Section 154(7)Section 250Section 80PSection 80P(2)(d)

rectification petition u/s 154 of the Act and the A.O. has rejected the claim of deduction U/sec80P(2)(d) of the Act of Rs.1,79,510/- and hence considering the facts, submissions and the ratio of judicial decisions ITA No. 572 & 573/Mum/2023 Golden Square Co Op HSG Society, Mumbai. relied, the findings of the CIT(A) are not tenable

SBI CAPITAL MARKETS LTD,MUMBAI vs. ASST CIT LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 1511/MUM/2014[2005-06]Status: DisposedITAT Mumbai13 Jan 2023AY 2005-06

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

SBI CAPITAL MARKETS LTD.,MUMBAI vs. A.C.I.T. LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 2484/MUM/2012[2005-06]Status: DisposedITAT Mumbai13 Jan 2023AY 2005-06

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD. vs. THE JT CIT SR-27,

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 3791/MUM/2004[1997-1998]Status: DisposedITAT Mumbai13 Jan 2023AY 1997-1998

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

DCIT CIR. 4(2), MUMBAI vs. M/S. S.B.I CAPITAL MARKETS LTD., MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 6729/MUM/2004[2001-2002]Status: DisposedITAT Mumbai13 Jan 2023AY 2001-2002

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT CIR. 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 2345/MUM/2007[2003-2004]Status: DisposedITAT Mumbai13 Jan 2023AY 2003-2004

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD,MUMBAI vs. THE ACIT CIR 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 7268/MUM/2008[2003-2004]Status: DisposedITAT Mumbai13 Jan 2023AY 2003-2004

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

SBI CAPITAL MARKET LIMITED,MUMBAI vs. ADDL. C.I.T. LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 1839/MUM/2011[2007-08]Status: DisposedITAT Mumbai13 Jan 2023AY 2007-08

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT CIR. 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 1088/MUM/2007[2001-2002]Status: DisposedITAT Mumbai13 Jan 2023AY 2001-2002

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT RANGE 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 4248/MUM/2004[2000-01]Status: DisposedITAT Mumbai13 Jan 2023AY 2000-01

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. DCIT CIR. 4(2), MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 7538/MUM/2005[1996-1997]Status: DisposedITAT Mumbai13 Jan 2023AY 1996-1997

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

SBI CAPITAL MARKETS LTD,MUMBAI vs. ACIT LTU, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 5144/MUM/2009[2006-07]Status: DisposedITAT Mumbai13 Jan 2023AY 2006-07

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

SBI CAPITAL MARKETS LTD.,MUMBAI vs. JCIT SPECIAL RANGE, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 4246/MUM/2004[98-99]Status: DisposedITAT Mumbai13 Jan 2023

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD.,MUMBAI vs. CIT (A)-IV, MUMBAI

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 7264/MUM/2005[2002-2003]Status: DisposedITAT Mumbai13 Jan 2023AY 2002-2003

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

M/S. SBI CAPITAL MARKETS LTD. vs. THE ACIT RG-4(3)(3),

In the result the, all the appeals of the assesse are partly allowed and the appeal of the revenue is dismissed

ITA 3790/MUM/2004[1996-1997]Status: DisposedITAT Mumbai13 Jan 2023AY 1996-1997

Bench: Shri Pavan Kumar Gadale & Shri Amarjit Singh, Accountant, Member Ita No.3790 /Mum/2004 (A.Y.1996-97)

penalty u/s 271(1)(c) of the Act is premature at this stage therefore the same stand dismissed. Ground Nos. 1 to 4 & 8 to 10: confirming the levying of interest u/s 220 (2) of the Act: P a g e | 25 19 Appeals SBI Capital Market Ltd. Vs. ACIT,Range 4(3)(3) 41. During the course

ABHINEY RAVINDRA SINGH,MUMBAI vs. INCOME TAX OFFICER WARD-22(1)(6), MUMBAI, MUMBAI

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

ITA 5978/MUM/2024[2013-14]Status: DisposedITAT Mumbai11 Jun 2025AY 2013-14

Bench: Shri Narender Kumar Choudhryassessment Year: 2013-14

For Appellant: Shri Sunil Kumar Agrawal, Ld.ARFor Respondent: Shri Kavan Limbasiya, Ld. Sr.D.R
Section 115BSection 147Section 148Section 234ASection 250Section 271(1)Section 274Section 69C

Penalty notice u/s 274 rws 271(1)(b) of the Act is issued.” The Assessee, being aggrieved and by filling 1st appeal 5. challenged the said addition before the Ld. commissioner, who vide 4 Mr. Abhiney Ravindra Singh impugned order dismissed the appeal of the Assessee and consequently affirmed the addition made by Ld.AO mainly on the reasons that