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4 results for “penalty u/s 271”+ Section 54Bclear

Sorted by relevance

Delhi24Indore14Ahmedabad12Jaipur10Agra7Surat6Mumbai5Pune4Patna2Hyderabad2Allahabad1Bangalore1Jabalpur1Chandigarh1

Key Topics

Section 271(1)(c)13Section 44A6Section 54B4Deduction4Penalty4Addition to Income4Section 2503Business Income3Condonation of Delay3

AMOL VASANT DESHMUKH,PUNE vs. INCOME TAX OFFICER, WARD 6(2), PUNE

In the result, all the appeals (ITA Nos

ITA 1837/PUN/2025[2015-16]Status: DisposedITAT Pune17 Dec 2025AY 2015-16

Bench: Dr. Manish Borad & Shri Vinay Bhamore

For Appellant: Shri Sarang Gudhate, CAFor Respondent: Shri Manoj Tripathi, Addl.CIT
Section 250Section 271(1)(c)Section 44ASection 54B

penalty u/s. 271(1)(c) of the Act. 8. Learned counsel for the assessee submitted that assessee has rectified the mistake immediately on the issuance of notice u/s. 143(2) of the Act. He also submitted that assessee could have easily revised the return because the due date of filing revised return was 31/03/2017 and the notice u/s

TULSABAI VASANT DESHMUKH,PUNE vs. INCOME TAX OFFICER, WARD 6(2), PUNE

In the result, all the appeals (ITA Nos

ITA 1838/PUN/2025[2015-16]Status: DisposedITAT Pune17 Dec 2025AY 2015-16

Bench: Dr. Manish Borad & Shri Vinay Bhamore

For Appellant: Shri Sarang Gudhate, CAFor Respondent: Shri Manoj Tripathi, Addl.CIT
Section 250Section 271(1)(c)Section 44ASection 54B

penalty u/s. 271(1)(c) of the Act. 8. Learned counsel for the assessee submitted that assessee has rectified the mistake immediately on the issuance of notice u/s. 143(2) of the Act. He also submitted that assessee could have easily revised the return because the due date of filing revised return was 31/03/2017 and the notice u/s

ROHINI MARUTI DESHMUKH,PUNE vs. INCOME TAX OFFICER, WARD 6(2), PUNE

In the result, all the appeals (ITA Nos

ITA 1839/PUN/2025[2015-16]Status: DisposedITAT Pune17 Dec 2025AY 2015-16

Bench: Dr. Manish Borad & Shri Vinay Bhamore

For Appellant: Shri Sarang Gudhate, CAFor Respondent: Shri Manoj Tripathi, Addl.CIT
Section 250Section 271(1)(c)Section 44ASection 54B

penalty u/s. 271(1)(c) of the Act. 8. Learned counsel for the assessee submitted that assessee has rectified the mistake immediately on the issuance of notice u/s. 143(2) of the Act. He also submitted that assessee could have easily revised the return because the due date of filing revised return was 31/03/2017 and the notice u/s

AJINKYA DILIP KOTEPATIL,,NASHIK vs. INCOME TAX OFFICER, WARD -1(3),, NASHIK

In the result, the appeal of the assessee is allowed

ITA 1877/PUN/2017[2013-14]Status: DisposedITAT Pune12 Feb 2020AY 2013-14

Bench: Shri D. Karunakara Rao, Am & Shri Laliet Kumar, Jm आयकर अपील सं. / Ita No.1877/Pun/2017 िनधा"रण वष" / Assessment Year : 2013-14 Ajinkya Dilip Kotepatil, C/O. S.B. Boob & Associates, F-1, Sumangal Plaza, Hdfc Cross Road, Canada Corner, Nashik-422005. .......अपीलाथ" / Appellant Pan : Cqxpk0159D बनाम / V/S. Ito, Ward-1(3), ……""यथ" / Respondent Nashik. Assessee By : None Revenue By : Shri Alok Malviya सुनवाई क" तारीख / Date Of Hearing : 11.02.2020 घोषणा क" तारीख / Date Of Pronouncement : 12.02.2020 आदेश / Order Per D. Karunakara Rao, Am: This Appeal Filed By The Assessee Is Against The Order Of The Cit(A)-1, Nashik Dated 13.06.2017 For The Assessment Year 2013-14. 2. The Grounds Raised By The Assessee Are As Under :- “1. The Assessee Had Voluntarily Surrendered The Income During The Course Of Assessment Proceeding & Paid Almost Taxes Accordingly. However, The Ao & Appellate Commissioner Erred & Levied & Confirmed The Penalty. 2. This Was The First Time When The Assessee Was Scrutinized & He Is A Student After All. However, He Had Declared Additional Income & Paid The Taxes & Showed His Bonafide Intention.

For Appellant: NoneFor Respondent: Shri Alok Malviya
Section 143(3)Section 271(1)Section 271(1)(c)Section 54Section 54BSection 54F

54B, 54C, 54D, 54G and 54GA of the Act. At the end of the assessment u/s 143(3) of the Act, the Assessing Officer assessed the total income of the assessee at Rs.60,42,935/- after making certain additions on account of different heads. Further, the Assessing Officer initiated the penalty proceeding stating that “Hence penalty proceeding u/s 271