Search: penalty u/s 271

2 results for “penalty u/s 271”+ Section 80Jclear

Sorted by relevance

Delhi8 Mumbai7 Jaipur2 Cochin2 Pune2 Ahmedabad1 Kolkata1

Key Topics

Section 271(1)(c)6 Section 80I6 Section 80H2 Section 80J2 Deduction2 Penalty2 Addition to Income2

HINDUMAL BALMUKUND INVESTMENT CO.PVT.LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX,,

In the result, both the appeals of the assessee are allowed

ITA 2938/PUN/2016[2010-11]Status: DisposedITAT Pune10 Oct 2018AY 2010-11

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm

For Appellant: Shri Nitin RanderFor Respondent: Ms. Sabana Parveen

Section 271(1)(c)Section 80HSection 80ISection 80J

80J, there is no provision for withdrawal of special deduction for the subsequent years for breach of certain conditions. Hence unless the relief granted for the assessment year 1980-81 was withdrawn, the Income-tax Officer could not have withheld the relief for the subsequent years.” From the above, it is evident that unless the relief claimed in the first