Search: section 68

3 results for “section 68”+ Section 271(1)(C)clear

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Section 92C6 Addition to Income3 Section 143(3)2 Section 92A2 Section 271(1)(c)2 Transfer Pricing2 Exemption2 Deduction2 Natural Justice2 Comparables/TP

DEVASHRI NIRMAN LLP ,PANAJI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1), PANAJI

In the result, this appeal by the assessee stands allowed

ITA 272/PAN/2017[2007-08]Status: DisposedITAT Panaji17 Dec 2018AY 2007-08

Bench: Shri Shamim Yahya, Am & Shri Ram Lal Negi, Jm

For Respondent: Shri Y. V. Raviraj

Section 271(1)(c)

68,52,377/- & added to the income declared. 4. The said addition was confirmed by the ld. CIT(A) and the ITAT. In connection with this addition, penalty was also levied. In the penalty order also the assessee’s claim 3 ITA No. 272/Pan./2017 was rejected that as per AS-7 offering profit under percentage completion method, the profit

SCORPIO IRON LTD,PANAJI vs. ITO, WARD - 1(4), PANAJI

In the result, both appeals of the assessee are allowed

ITA 388/PAN/2017[2013-14]Status: DisposedITAT Panaji

DEVASHRI NIRMAN LLP ,PANAJI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1), PANAJI

SCORPIO IRON LTD,PANAJI vs. ITO, WARD - 1(4), PANAJI

DEVASHRI NIRMAN LLP ,PANAJI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1), PANAJI

SCORPIO IRON LTD,PANAJI vs. ITO, WARD - 1(4), PANAJI

SHREE AMBEY FORGING PRIVAT LIMITED,PANAJI vs. ITO, WARD - (4), PANAJI