DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLOGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

Penalty\nproceedings u/s 271(1)(c) of the Income tax Act, for furnishing of inaccurate\nparticulars of income are initiated separately.\"\n5.\nBefore the Ld. CIT(A) / NFAC the assessee, apart from challenging the\naddition on merit, challenged the validity of assessment on the ground that the\nerstwhile company High Technology Transmission System India Pvt. Ltd. in\nwhose name

DY.COMMISSIONER OF INCOME TAX CIRCLE-1 NASSHIK, NASHIK vs. HARSH CONSTRUCTIONS PRIVATE LIMITED, NASHIK

In the result, the appeal filed by the Revenue is dismissed

Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2014-15 Dcit, Circle – 1, Harsh Constructions Pvt. Ltd. Nashik Sanskruti, Murkute Colony, Vs. New Pandit Colony, Sharanpur Road, Nashik – 422002 Pan: Aacch2277H (Appellant) (Respondent) Assessee By : Shri Dhiraj S. Dandgaval Department By : Shri Ramnath P Murkunde Date Of Hearing : 03-07-2024 Date Of Pronouncement : 10-07-2024 O R D E R Per R.K. Panda, Vp : This Appeal Filed By The Revenue Is Directed Against The Order Dated 20.12.2023 Of The Cit(A) / Nfac, Delhi Relating To Assessment Year 2014-15. 2. The Revenue In The Grounds Of Appeal Has Challenged The Order Of The Ld. Cit(A) In Restricting The Disallowance To Rs.2,24,191/- As Against Rs.1,25,51,607/- Proposed By The Assessing Officer In The Remand Report As Against Rs.4,38,96,880/- Added By Him In The Order Passed U/S.143(3) Of The Income Tax Act, 1961 (Hereinafter Referred To As ‘The Act’).

section 37 of the I.T. Act, 1961 and has added to the total income of the assessee. Penalty proceedings u/s 271(1)(c) is initiated separately for furnishing inaccurate particulars of income.” 4. Before the CIT(A), the assessee filed certain details, based on which the ld.CIT(A) sought remand report from the Assessing Officer, who proposed an addition

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLOGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

Penalty\nproceedings u/s 271(1)(c) of the Income tax Act, for furnishing of inaccurate\nparticulars of income are initiated separately.\"\n5. Before the Ld. CIT(A) / NFAC the assessee, apart from challenging the\naddition on merit, challenged the validity of assessment on the ground that the\nerstwhile company High Technology Transmission System India Pvt. Ltd. in\nwhose name

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLOGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

Penalty\nproceedings u/s 271(1)(c) of the Income tax Act, for furnishing of inaccurate\nparticulars of income are initiated separately.\"\n5.\nBefore the Ld. CIT(A) / NFAC the assessee, apart from challenging the\naddition on merit, challenged the validity of assessment on the ground that the\nerstwhile company High Technology Transmission System India Pvt. Ltd. in\nwhose name

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLIGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

Penalty\nproceedings u/s 271(1)(c) of the Income tax Act, for furnishing of inaccurate\nparticulars of income are initiated separately.\"\n5.\nBefore the Ld. CIT(A) / NFAC the assessee, apart from challenging the\naddition on merit, challenged the validity of assessment on the ground that the\nerstwhile company High Technology Transmission System India Pvt. Ltd. in\nwhose name