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7 results for “penalty u/s 271”+ Section 260Aclear

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Key Topics

Section 270A22Section 270A(8)8Section 260A8Penalty7Section 95Addition to Income5Section 2504Section 254(1)4Section 271(1)(c)2Section 143(1)(a)

INCOME TAX OFFICER, WARD 1 NANDED, NANDED vs. SATYAWAN ARJUNRAO SHINDE, OSMANABAD

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

ITA 2109/PUN/2024[2018-19]Status: DisposedITAT Pune21 Feb 2025AY 2018-19

Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2109/Pun/2024 िनधा"रण वष" / Assessment Year : 2018-19 Ito, Ward-1, Nanded. Vs. Satyawan Arjunrao Shinde, Nagar Accident Hospital, Gore Complex, Samta Nagar, Osmanabad- 413501. Pan : Baeps8869J Appellant Respondent Revenue By : Shri Arvind Desai Assessee By : Shri B. P. Jaju Date Of Hearing : 02.12.2024 Date Of Pronouncement : 21.02.2025 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Revenue Is Directed Against The Order Dated 06.08.2024 Passed By Ld. Cit(A), Pune-12 [‘Ld. Cit(A)’] For The Assessment Year 2018-19. 2. The Revenue Has Raised The Following Grounds Of Appeal :- “1. On The Facts & In The Circumstances Of The Case, The Ld. Cit(A) Failed To Appreciate The Facts That The Assessee Has Suppressed Professional Receipts Not Shown In His Itr, Ld. Cit(A)-12, Pune Vide Letter Dtd.02/01/2023 Directed That Penalty Proceedings U/S 270A Of The Act May Be Initiated By The Ao At The Time Of Giving Effect To The Appeal Order Dtd.28/11/2022. Accordingly Ao Initiated Penalty Proceedings As Per Clause (E) Of Sub-Section 9 Of Section 270A Of The Act.

For Appellant: Shri B. P. JajuFor Respondent: Shri Arvind Desai
Section 133ASection 2Section 270ASection 270A(1)
2
TDS2
Disallowance2
Section 274
Section 9

penalty proceedings stand vitiated on account of the Assessing Officer’s failure to pinpoint the relevant clauses (a) to (f) to sub-section (9); while initiating the proceedings herein u/s. 270A(8) of the Act, thereby alleging under reporting of income as a sequence of misreporting. Faced with this situation, we find no merit in Revenue’s arguments placing reliance

DEPUTY COMMISSIONER OF INCOME TAX, NASHIK vs. CHAKRADHAR CONTRACTORS AND ENGINEERS PRIVATE LIMITED, JALGAON

In the result, both the appeals of the Revenue are

ITA 1939/PUN/2024[2020-21]Status: DisposedITAT Pune26 Dec 2024AY 2020-21

Bench: Shri Rama Kanta Panda & Shri Vinay Bhamore

For Appellant: Shri Sanket M JoshiFor Respondent: Shri Amol Khairnar, CIT-DR
Section 131Section 143Section 143(1)(a)Section 143(2)Section 270ASection 270A(3)(i)Section 270A(6)(a)Section 270A(9)

u/s 274 r.w.s. 270A of the Act states : "it appears to me under-reporting/misreporting of income". Obviously, the initiation of penalty itself is based on suspicion and surmise. Nowhere it has been pinpointed - either in the penalty notice or in the impugned order of penalty as to under which stipulated specific clauses (a) to (f) to sub- section

DEPUTY COMMISSIONER OF INCOME TAX, NASHIK vs. CHAKRAHAR CONTRACTORS AND ENGINEERS PRIVATE LIMITED, JALGAON

In the result, both the appeals of the Revenue are

ITA 1940/PUN/2024[2021-22]Status: DisposedITAT Pune26 Dec 2024AY 2021-22

Bench: Shri Rama Kanta Panda & Shri Vinay Bhamore

For Appellant: Shri Sanket M JoshiFor Respondent: Shri Amol Khairnar, CIT-DR
Section 131Section 143Section 143(1)(a)Section 143(2)Section 270ASection 270A(3)(i)Section 270A(6)(a)Section 270A(9)

u/s 274 r.w.s. 270A of the Act states : "it appears to me under-reporting/misreporting of income". Obviously, the initiation of penalty itself is based on suspicion and surmise. Nowhere it has been pinpointed - either in the penalty notice or in the impugned order of penalty as to under which stipulated specific clauses (a) to (f) to sub- section

ANNASAHEB NAMDEO GUNJAL,NASHIK vs. INCOME TAX OFFICER, NASHIK

Appeals are allowed

ITA 182/PUN/2024[2017-18]Status: DisposedITAT Pune21 Oct 2024AY 2017-18

Bench: Shri R.K. Panda & Shri S.S. Godara"नधा"रण वष" / Assessment Year : 2017-18 Annasaheb Namdeo Gunjal Vs. Ito, Nashik 1, Vraj Vihar, Vidhate Nagar, S.No.15-10-2011, Cts No.2421, Fame Theatre, Nsk Pune Road, Nashik – 422011 Pan: Aaxpg5950C Appellant Respondent "नधा"रण वष" / Assessment Year : 2017-18 Deepak Bhika Suryawanshi Vs. Ito, Ward 2(1), Plot No.36, Nashik Vrundavan Bunglow, Deffodil Soc, Wadala-Pathardi Road, Opp. Guru Govind Singh College, Indira Nagar, Nashik – 422009 Pan: Achps8498R Appellant Respondent

Section 250Section 254(1)Section 260ASection 270ASection 270A(8)Section 270A(9)(a)Section 9

penalty proceedings stand vitiated on account of the Assessing Officer’s failure to pinpoint the relevant clauses (a) to (f) to sub- section (9); while initiating the proceedings herein u/s. 270A(8) of the Act, thereby alleging under reporting of income as a sequence of misreporting. Faced with this situation, we find no merit in Revenue’s arguments placing reliance

DEEPAK BHIKA SURYAWANSHI,NASHIK vs. ITO WARD 2(1), NASHIK

Appeals are allowed

ITA 685/PUN/2024[2017-18]Status: DisposedITAT Pune21 Oct 2024AY 2017-18

Bench: Shri R.K. Panda & Shri S.S. Godara"नधा"रण वष" / Assessment Year : 2017-18 Annasaheb Namdeo Gunjal Vs. Ito, Nashik 1, Vraj Vihar, Vidhate Nagar, S.No.15-10-2011, Cts No.2421, Fame Theatre, Nsk Pune Road, Nashik – 422011 Pan: Aaxpg5950C Appellant Respondent "नधा"रण वष" / Assessment Year : 2017-18 Deepak Bhika Suryawanshi Vs. Ito, Ward 2(1), Plot No.36, Nashik Vrundavan Bunglow, Deffodil Soc, Wadala-Pathardi Road, Opp. Guru Govind Singh College, Indira Nagar, Nashik – 422009 Pan: Achps8498R Appellant Respondent

Section 250Section 254(1)Section 260ASection 270ASection 270A(8)Section 270A(9)(a)Section 9

penalty proceedings stand vitiated on account of the Assessing Officer’s failure to pinpoint the relevant clauses (a) to (f) to sub- section (9); while initiating the proceedings herein u/s. 270A(8) of the Act, thereby alleging under reporting of income as a sequence of misreporting. Faced with this situation, we find no merit in Revenue’s arguments placing reliance

DEEPAK BHIKA SURYAWANSHI,NASHIK vs. INCOME TAX OFFICER, NASHIK

Appeal is allowed

ITA 98/PUN/2024[2018-19]Status: DisposedITAT Pune19 Jun 2024AY 2018-19

Bench: Shri R.K. Panda & Shri Satbeer Singh Godara

For Appellant: Shri Abhilasha Sanjay PawarFor Respondent: Shri Ramnath P. Murkunde
Section 250Section 254(1)Section 260ASection 270ASection 270A(8)Section 271(1)(c)Section 9

penalty proceedings stand vitiated on account of the Assessing Officer’s failure to pinpoint the relevant clauses (a) to (f) to sub-section (9); while initiating the proceedings herein u/s. 270A(8) of the Act, thereby alleging under reporting of income as a sequence of misreporting. Faced with this situation, we find no merit in Revenue’s arguments placing reliance

KASAT PRAKASH M HUF,LATUR vs. INCOME TAX OFFICER, WARD-1, NANDED, NANDED

Appeal is allowed

ITA 1328/PUN/2023[2020-21]Status: DisposedITAT Pune19 Jun 2024AY 2020-21

Bench: Shri R.K. Panda & Shri Satbeer Singh Godara

For Appellant: Shri Girish LaddaFor Respondent: Shri Ramnath P. Murkunde
Section 250Section 254(1)Section 260ASection 270ASection 270A(8)Section 271(1)(c)Section 9

penalty proceedings stand vitiated on account of the Assessing Officer’s failure to pinpoint the relevant clauses (a) to (f) to sub-section (9); while initiating the proceedings herein u/s. 270A(8) of the Act, thereby alleging under reporting of income as a sequence of misreporting. Faced with this situation, we find no merit in Revenue’s arguments placing reliance