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9 results for “depreciation”+ Penaltyclear

Sorted by relevance

Delhi1,215Mumbai1,084Ahmedabad282Bangalore279Chennai232Kolkata136Jaipur127Chandigarh95Pune82Hyderabad80Raipur58Indore39Lucknow28SC26Surat23Visakhapatnam21Jodhpur15Amritsar15Cochin15Guwahati15Rajkot15Cuttack14Nagpur12Patna9Kerala6Ranchi5Karnataka4Dehradun3Panaji3Allahabad3Jabalpur3Calcutta3Telangana2Agra1ASHOK BHAN DALVEER BHANDARI1Rajasthan1Varanasi1

Key Topics

Section 44A44Section 271A18Penalty9Section 56Section 206Section 406Deduction6Depreciation6Section 143(3)4Addition to Income

NEHA VERMA ,PATNA vs. ACIT CENTRAL CIRCLE 1, PATNA

In the result, all the appeals of assessee in ITA No

ITA 237/PAT/2023[2019-20]Status: DisposedITAT Patna13 Sept 2024AY 2019-20

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

For Appellant: NoneFor Respondent: Shri Ashwani Kr. Singal, DR
Section 20Section 271ASection 40Section 44ASection 5

penalty levied may be affirmed. 05. We have heard and perused the records available on record. We observe that the assessee is a individual and running a business as sole proprietor of M/s Neha Kil Bhandar. Facts remain undisputed that the assessee has furnished the return, declaring income under presumptive taxation scheme i.e. Section 44AD

3
Section 2502
Section 271B2

NEHA VERMA,PATNA vs. ACIT CENTAL CIRCLE-1, PATNA

In the result, all the appeals of assessee in ITA No

ITA 233/PAT/2023[2015-16]Status: DisposedITAT Patna13 Sept 2024AY 2015-16

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

For Appellant: NoneFor Respondent: Shri Ashwani Kr. Singal, DR
Section 20Section 271ASection 40Section 44ASection 5

penalty levied may be affirmed. 05. We have heard and perused the records available on record. We observe that the assessee is a individual and running a business as sole proprietor of M/s Neha Kil Bhandar. Facts remain undisputed that the assessee has furnished the return, declaring income under presumptive taxation scheme i.e. Section 44AD

NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE -1, PATNA

In the result, all the appeals of assessee in ITA No

ITA 235/PAT/2023[2017-18]Status: DisposedITAT Patna13 Sept 2024AY 2017-18

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

For Appellant: NoneFor Respondent: Shri Ashwani Kr. Singal, DR
Section 20Section 271ASection 40Section 44ASection 5

penalty levied may be affirmed. 05. We have heard and perused the records available on record. We observe that the assessee is a individual and running a business as sole proprietor of M/s Neha Kil Bhandar. Facts remain undisputed that the assessee has furnished the return, declaring income under presumptive taxation scheme i.e. Section 44AD

NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE 1, PATNA

In the result, all the appeals of assessee in ITA No

ITA 236/PAT/2023[2018-19]Status: DisposedITAT Patna13 Sept 2024AY 2018-19

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

For Appellant: NoneFor Respondent: Shri Ashwani Kr. Singal, DR
Section 20Section 271ASection 40Section 44ASection 5

penalty levied may be affirmed. 05. We have heard and perused the records available on record. We observe that the assessee is a individual and running a business as sole proprietor of M/s Neha Kil Bhandar. Facts remain undisputed that the assessee has furnished the return, declaring income under presumptive taxation scheme i.e. Section 44AD

NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE -1, LOKNAYAK BHAWAN

In the result, all the appeals of assessee in ITA No

ITA 234/PAT/2023[2016-17]Status: DisposedITAT Patna13 Sept 2024AY 2016-17

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

For Appellant: NoneFor Respondent: Shri Ashwani Kr. Singal, DR
Section 20Section 271ASection 40Section 44ASection 5

penalty levied may be affirmed. 05. We have heard and perused the records available on record. We observe that the assessee is a individual and running a business as sole proprietor of M/s Neha Kil Bhandar. Facts remain undisputed that the assessee has furnished the return, declaring income under presumptive taxation scheme i.e. Section 44AD

NEHA VERMA,PATNA vs. ACIT CENTRAL CIRCLE 1, LOKNAYAK BHAWAN

In the result, all the appeals of assessee in ITA No

ITA 232/PAT/2023[2014-15]Status: DisposedITAT Patna13 Sept 2024AY 2014-15

Bench: Shri Rajpal Yadav, Vp & Shri Dr. Manish Borad, Am

For Appellant: NoneFor Respondent: Shri Ashwani Kr. Singal, DR
Section 20Section 271ASection 40Section 44ASection 5

penalty levied may be affirmed. 05. We have heard and perused the records available on record. We observe that the assessee is a individual and running a business as sole proprietor of M/s Neha Kil Bhandar. Facts remain undisputed that the assessee has furnished the return, declaring income under presumptive taxation scheme i.e. Section 44AD

M/S NORTH BIHAR DISTRIBUTOR,PURNEA vs. ITO, WARD-3(1), PURNEA

In the result, appeals of the assessee are dismissed

ITA 48/PAT/2020[2013-14]Status: DisposedITAT Patna22 May 2023AY 2013-14

Bench: Shri Rajpal Yadav & Shri Girish Agrawal

For Appellant: Shri R. K. Jha, CAFor Respondent: Shri Rupesh Agrawal, Sr. DR
Section 143(3)Section 250Section 271(1)(c)Section 271BSection 44A

penalty as proposed in that respective section and does not trigger the application of presumptive basis of calculation of Income based on turnover as proposed under section 44AD of the Act. Such arbitrary addition without rejecting the books of accounts specially where the AO found to his satisfaction the information asked for viz books of accounts, and related bills

M/S NORTH BIHAR DISTRIBUTOR,PURNEA vs. ITO, WARD-3(1), PURNEA

In the result, appeals of the assessee are dismissed

ITA 68/PAT/2020[2013-14]Status: DisposedITAT Patna22 May 2023AY 2013-14

Bench: Shri Rajpal Yadav & Shri Girish Agrawal

For Appellant: Shri R. K. Jha, CAFor Respondent: Shri Rupesh Agrawal, Sr. DR
Section 143(3)Section 250Section 271(1)(c)Section 271BSection 44A

penalty as proposed in that respective section and does not trigger the application of presumptive basis of calculation of Income based on turnover as proposed under section 44AD of the Act. Such arbitrary addition without rejecting the books of accounts specially where the AO found to his satisfaction the information asked for viz books of accounts, and related bills

I.T.O. vs. M/S KUMAR CONSTRUCLTION,

In the result, the appeal of the Revenue is partly allowed

ITA 10/PAT/2015[2009-10]Status: DisposedITAT Patna17 Oct 2023AY 2009-10

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

Section 142(1)Section 143(2)Section 271(1)(b)Section 40A(3)

penalty under section 271(1)(b) for non-compliance of the notices at the end of the assessee. Ultimately the ld. Assessing Officer gone through the books of account submitted before her and made these two additions by recording the following finding:- “Addition u/s 40A(3) for payments exceeding Rs.20,000/- through bearer cheques:- On perusal of Books