Search: penalty u/s 271

3 results for “penalty u/s 271”+ Section 264clear

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Section 36(1)(viii)4 Section 36(1)(viia)4 Deduction3 Disallowance3 Section 222 Section 80P2 Section 36(1)2 Section 271(1)(c)2

ACIT, AKOLA CIRCLE,, AKOLA vs. THE NANDURA URBAN CO OP. BANK LTD.,, BULDHANA

In the result, Revenue’s appeal is dismissed

ITA 213/NAG/2015[2010-11]Status: DisposedITAT Nagpur26 Oct 2018AY 2010-11

Bench: Shri Sandeep Gosain & Shri G. Manjunatha

For Appellant: Dr. Jayant M. Ranade a/wFor Respondent: Shri U.U. Kasar

Section 143(3)Section 271Section 271(1)(c)Section 28Section 36(1)(viia)Section 36(2)

264, by disallowing provisions for bad and doubtful debt of ` 1,29,23,500, being interest accrued on NPA. The assessee did not file appeal against the quantum addition made towards provisions for bad and doubtful debts. Thereafter, the Assessing Officer initiated penalty proceedings under section 271(1)(c) of the Act for furnishing inaccurate particulars of income in respect

ACIT, AKOLA CIRCLE,, AKOLA vs. THE NANDURA URBAN CO OP. BANK LTD.,, BULDHANA

ACIT, AKOLA CIRCLE,, AKOLA vs. THE NANDURA URBAN CO OP. BANK LTD.,, BULDHANA

VIDHARBHA KONKAN GRAMIN BANK ,NAGPUR vs. INCOME TAX OFFICER WARD 1(5) , NAGPUR

VIDHARBHA KONKAN GRAMIN BANK ,NAGPUR vs. INCOME TAX OFFICER WARD 1(5) , NAGPUR