KARDA CONSTRUCTIONS PVT. LTD.,,NASHIK vs. JOINT COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of assessee are allowed as indicated above

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.218/Pun/2016 यििाारण वषा / Assessment Year : 2010-11 Karda Constructions Pvt. Ltd., 8, Sai Krupa Complex, Behind Jayram Hospital, Near Mukhtidam Temple, अऩीऱाथी/Appellant Nashik Road, Nashik – 422101 …. Pan: Aadck1887B Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Central Range, Nashik आयकर अपीऱ सं. / Ita No.219/Pun/2016 यििाारण वषा / Assessment Year : 2011-12 Naresh Karda 8, Sai Krupa Complex, Behind Jayram Hospital, Near Mukhtidam Temple, अऩीऱाथी/Appellant Nashik Road, Nashik – 422101 …. Pan: Abbpk8084A Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Central Range, Nashik

271 D was valid in law. 2] The Id CIT(A) erred in holding that the assessee company was issued first notice dt. 09.10.2013 which was dropped and subsequently a fresh notice was issued on 29.04.2014 and as per which, the penalty was levied and therefore, the order passed by the Id JCIT was valid in law and not barred

NARESH KARDA,,NASHIK vs. JOINT COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of assessee are allowed as indicated above

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.218/Pun/2016 यििाारण वषा / Assessment Year : 2010-11 Karda Constructions Pvt. Ltd., 8, Sai Krupa Complex, Behind Jayram Hospital, Near Mukhtidam Temple, अऩीऱाथी/Appellant Nashik Road, Nashik – 422101 …. Pan: Aadck1887B Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Central Range, Nashik आयकर अपीऱ सं. / Ita No.219/Pun/2016 यििाारण वषा / Assessment Year : 2011-12 Naresh Karda 8, Sai Krupa Complex, Behind Jayram Hospital, Near Mukhtidam Temple, अऩीऱाथी/Appellant Nashik Road, Nashik – 422101 …. Pan: Abbpk8084A Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Central Range, Nashik

271 D was valid in law. 2] The Id CIT(A) erred in holding that the assessee company was issued first notice dt. 09.10.2013 which was dropped and subsequently a fresh notice was issued on 29.04.2014 and as per which, the penalty was levied and therefore, the order passed by the Id JCIT was valid in law and not barred

RADHAMADHAV REALCON PVT.LTD,,PUNE vs. JOINT COMMISSIONER OF INCOME-TAX, RANGE - 10,, PUNE

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आय आयकर आय आय कर कर अपील कर अपील अपील संसंसंसं. / Ita No.137/Pun/2018 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Year : 2013-14 वष"

section 271E r.w.s. 269T of the Income Tax Act, 1961 (in short ‘the Act’). 3. The grounds raised by the assessee are extracted as follows: “1) The Ld. CIT(A) erred in upholding the levy of penalty of Rs.51,50,00,000 u/s 271

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

PRIYANVADA AMOL MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

PRIYANVADA AMOL MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

PRIYANVADA AMOL MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

AMOL PRAMOD MAHAJAN,JALGAON vs. DCIT, CENTRAL CIRCLE-1, NASHIK, NASHIK

In the result, all the appeals filed by the respective assessees are allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamore

271(1)(c)/270A are initiated, proper explanation below that section shall be invoked. In case penalties initiated u/s 271AAA/271AAB, the same should be invoked under the respective issue itself as well as at the bottom of the order. g) The Computation interest u/s 234A, 2348, 234C will be a part of the assessment order itself. h) Wherever

BAPUJIBUWA NAGARI SAH PAT SANSTHA LTD.,,PUNE vs. JOINT COMMISSIONER OF INCOME-TAX,, PUNE

In the result, the appeal of the assessee is allowed

Bench: Shri Waseem Ahmed, Am & Shri S. S. Viswanethra Ravi, Jm आयकर अपील सं. / Ita No.946/Pun/2017 "नधा"रण वष" / Assessment Year : 2012-13 .......अपीलाथ" / Appellant Bapujibuwa Nagari Sahakari Pat Sanstha Maryadit, S.No.10/2, Dagadu Patil Nagar, Thergaon, Pune – 411033. Pan : Aaaab8597J. बनाम / V/S. The Joint Commissioner Of Income Tax, ……""यथ" / Respondent Range – 9, Pune.

u/s 271D is perfectly justified and there is no reasonable cause as made out by the assessee.” '\.. 15. The learned AR in her rejoinder submitted that the ratio laid down by the Hon’ble Court cited by the learned DR are distinguishable from the facts of the present case. 16. We have heard the rival contentions of both the parties

PRAKASHBAPU PATIL GRAMIN BIGAR SHETI SAHAKARI PATH SANSTHA LTD SANGLI ,SANGLI vs. ACIT, CIRCLE- SANGLI , SANGLI

Bench: Shri Satbeer Singh Godara & Shri Inturi Rama Rao

u/s 271D of the Income Tax Act of Rs.1,01,75,465/- in respect of deposits from its members. 2. The Id CIT(A) failed to appreciate that the appellant Society is based in rural area and most of the members are illiterate and agriculturists having transactions below Rs 20000/-. 3. The learned CIT erred in law and on facts

PRAKASHBAPU PATIL GRAMIN BIGAR SHETI SAHAKARI PATH SANSTHA LTD SANGLI ,SANGLI vs. ACIT, CIRCLE- SANGLI, SANGLI

Bench: Shri Satbeer Singh Godara & Shri Inturi Rama Rao

u/s 271D of the Income Tax Act of Rs.1,01,75,465/- in respect of deposits from its members. 2. The Id CIT(A) failed to appreciate that the appellant Society is based in rural area and most of the members are illiterate and agriculturists having transactions below Rs 20000/-. 3. The learned CIT erred in law and on facts

PRAKASHBAPU PATIL GRAMIN BIGAR SHETI SAHAKARI PATH SANSTHA LTD,SANGLI vs. ACIT, CIRCLE- SANGLI, SANGLI

Bench: Shri Satbeer Singh Godara & Shri Inturi Rama Rao

u/s 271D of the Income Tax Act of Rs.1,01,75,465/- in respect of deposits from its members. 2. The Id CIT(A) failed to appreciate that the appellant Society is based in rural area and most of the members are illiterate and agriculturists having transactions below Rs 20000/-. 3. The learned CIT erred in law and on facts