LEELAVATI VIJAYKUMAR KOTECHA,,JALGAON vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of the assessee for assessment year 2012-13 is

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita Nos. 1294 To 1297/Pun/2016 "नधा"रण वष" / Assessment Years : 2007-08, 2008-09, 2010-11, 2012-13

penalty u/s 271(1)(b).” 17. In ground No. 1 and 2 of appeal, the assessee has assailed transfer of jurisdiction u/s. 127 of the Act. The Commissioner of Income Tax (Appeals) dismissed the objections raised by assessee against change of jurisdiction by observing as under: “3.3 At the fag end of the assessment proceedings, Appellant objected to the order

LEELAVATI VIJAYKUMAR KOTECHA,,JALGAON vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of the assessee for assessment year 2012-13 is

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita Nos. 1294 To 1297/Pun/2016 "नधा"रण वष" / Assessment Years : 2007-08, 2008-09, 2010-11, 2012-13

penalty u/s 271(1)(b).” 17. In ground No. 1 and 2 of appeal, the assessee has assailed transfer of jurisdiction u/s. 127 of the Act. The Commissioner of Income Tax (Appeals) dismissed the objections raised by assessee against change of jurisdiction by observing as under: “3.3 At the fag end of the assessment proceedings, Appellant objected to the order

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

unexplained cash credit u/s 68 of the ITA, 1961. 11. Final assessment u/s 115BBC-As against the firm belief till 29/11/2019, the learned AO, vide 147 order dated 24/12/2019, has taxed the donations of Rs. 1.39 CR as 'Anonymous donations' u/s 115BBC of the ITA, 1961. Ground of Appeal No. 1 & 2 12. Conention-1-Substantial difference between

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

unexplained cash credit u/s 68 of the ITA, 1961. 11. Final assessment u/s 115BBC-As against the firm belief till 29/11/2019, the learned AO, vide 147 order dated 24/12/2019, has taxed the donations of Rs. 1.39 CR as 'Anonymous donations' u/s 115BBC of the ITA, 1961. Ground of Appeal No. 1 & 2 12. Conention-1-Substantial difference between

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

unexplained cash credit u/s 68 of the ITA, 1961. 11. Final assessment u/s 115BBC-As against the firm belief till 29/11/2019, the learned AO, vide 147 order dated 24/12/2019, has taxed the donations of Rs. 1.39 CR as 'Anonymous donations' u/s 115BBC of the ITA, 1961. Ground of Appeal No. 1 & 2 12. Conention-1-Substantial difference between

INDRAJEET RAJKUMAR KHARDE,,AHMEDNAGAR vs. INCOME-TAX OFFICER, WARD - 1,, AHMEDNAGAR

In the result, appeal of the assessee is allowed

Bench: Shri Partha Sarathi Chaudhury, Jm & Dr. Dipak P. Ripote, Am

unexplained cash credit. The assessee has filed an appeal to the CIT(A)-2 and no proper hearing opportunity was given. So I can’t able produce the documents and not given sufficient time for hearing the case. Hence the penalty proceedings are not proper and hence we request you to kindly delete the penalty and oblige.” 2. The assessee

JAMNAGIRI HARIGIRI GIRI,,NANDED vs. INCOME-TAX OFFICER, WARD - 3,, NANDED

In the result, the appeal filed by the assessee stands allowed

unexplained cash credit u/s 68 of the Act. 3. Being aggrieved by the above addition, an appeal was filed before the ld. CIT(A), who vide order dated 06.03.2017 confirmed the addition of Rs.13,00,000/- on account of unsecured loans. However, on further appeal before the ITAT, the ITAT vide order dated 16.10.2018 sustained addition of Rs.4

SIDDHESH SHRIAPD MITKAR,,PUNE vs. INCOME-TAX OFFICER, WARD - 8(3),, PUNE

In the result, the appeal of the assessee stands allowed

unexplained credit, transfer through ATM. Thus, the ld. CIT(A) confirmed the additions made by the Assessing Officer. Subsequently, the Assessing Officer initiated the penalty proceedings by issuing of show-cause notice u/s 274 r.w.s. 271(1)(c) of the Act on 07.01.2014 and further show-cause notice was issued on 08.05.2015 and in response to the same, an explanation

ASSISTANT COMMISSIONER OF INCOME TAX, CIRLE 1, KOLHAPUR, KOLHAPUR vs. HAMAJA MOHAMMED MALPEKAR, MAHARASHTRA

Bench: Shri R.K. Panda & Ms. Astha Chandra

unexplained cash credits u/s 68 of the I.T. Act 1961. Penalty proceedings u/s. 271(1)(c) are hereby initiated for concealment

HAMAJA MOHAMMED MALPEKAR,RATNAGIRI vs. INCOME TAX OFFICER, RATNAGIRI WARD, RATNAGIRI

Bench: Shri R.K. Panda & Ms. Astha Chandra

unexplained cash credits u/s 68 of the I.T. Act 1961. Penalty proceedings u/s. 271(1)(c) are hereby initiated for concealment

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION , KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

unexplained cash credit u/s 68 of the ITA, 1961.\n11. Final assessment_u/s_115BBC-As against the firm belief till\n29/11/2019, the learned AO, vide 147 order dated 24/12/2019,\nhas taxed the donations of Rs.1.39 CR as 'Anonymous donations'\nu/s 115BBC of the ITA, 1961.\nGround of Appeal No. 1 & 2\n12. Conention-1-Substantial difference between S. 68 ν. S. 115BBC

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

unexplained cash credit u/s 68 of the ITA, 1961.\n11. Final assessment_u/s_115BBC-As against the firm belief till\n29/11/2019, the learned AO, vide 147 order dated 24/12/2019,\nhas taxed the donations of Rs.1.39 CR as 'Anonymous donations'\nu/s 115BBC of the ITA, 1961.\nGround of Appeal No. 1 & 2\n12. Conention-1-Substantial difference between S. 68 ν. S. 115BBC

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

unexplained cash credit u/s 68 of the ITA, 1961.\n11. Final assessment_u/s_115BBC-As against the firm belief till\n29/11/2019, the learned AO, vide 147 order dated 24/12/2019,\nhas taxed the donations of Rs.1.39 CR as 'Anonymous donations'\nu/s 115BBC of the ITA, 1961.\nGround of Appeal No. 1 & 2\n12. Conention-1-Substantial difference between S. 68 ν. S. 115BBC

J.P. BUILDERS & DEVELOPERS,,NASHIK vs. INCOME-TAX OFFICER,,

In the result, appeal of assessee is allowed

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.843/Pun/2016 यििाारण वषा / Assessment Year : 2004-05

unexplained cash credit U/s 68 of the Act. 2. On the basis of facts and in the circumstances of the case and as per law, the order passed by Commissioner of Income Tax, (Appeals)-1, Nashik, confirming the levy of penalty u/s 271

NAZMAIZHARUL HASAN SHAH,,RATNAGIRI vs. INCOME TAX OFFICER,,

In the result, the appeal of assessee is partly allowed in the terms aforesaid

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

cash credits. The penalty u/s. 271(1)(c) was rightly levied for concealment of income. 5. Both sides heard. Orders of authorities below perused. The penalty u/s. 271(1)(c) for concealment of income has been levied in respect of two additions. i. Unexplained

BRAHM PRECISION MATERIALS PVT LTD,AURANGABAD vs. CIT(A), NATIONAL FACELESS APPEAL CENTRE (NFAC) DELHI

In the result, appeal of the assessee for A

penalty\nus/270A of the Income Tax Act. In order to furnish reply to the above\npenalty notice we consulted the Senior Counsel and were advised to\nimmediately file the appeal before the Hon'ble Tribunal. The appeal\nwas accordingly filed on 17-02-2025. Thus the delay of 454 days has\nbeen caused in filing of the appeal

BRAHM PRECISION MATERIALS PVT. LTD.,AURANGABAD vs. COMMISSIONER OF INCOME TAX (APPEALS), NATIONAL FACELESS APPEAL CENTRE, NEW DELHI

In the result, appeal of the assessee for A

penalty\nus/270A of the Income Tax Act. In order to furnish reply to the above\npenalty notice we consulted the Senior Counsel and were advised to\nimmediately file the appeal before the Hon'ble Tribunal. The appeal\nwas accordingly filed on 17-02-2025. Thus the delay of 454 days has\nbeen caused in filing of the appeal

AADHUNIK INFRASTRUCTURE DEVELOPMENT PRIVATE LIMITED,JALGAON vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, JALGAON

In the result, the appeal filed by the assessee is allowed

Bench: Shri R. K. Panda & Shri Vinay Bhamoreassessment Year : 2012-13

unexplained credits u/s 68 of the Income Tax Act, 1961 and added to the Total Income of the assessee. Penalty proceedings are separately initiated u/s 271(1)(c) of the Act for furnishing inaccurate particulars of income.” 6. Aggrieved with such order of the Assessing Officer, the assessee filed appeal before the CIT(A) / NFAC challenging the validity

SUNIL TUKARAM ZAMBARE,,PUNE vs. INCOME TAX OFFICER,, PUNE

In the result, the appeal of the assessee is allowed

unexplained without appreciating the facts of the case and submissions made by the appellant. 4. The learned CIT(A) while confirming the levy of penalty of Rs. 15,38,496/- had erred in not appreciating the following important facts that: a) The appellant had filed a revised return and offered additional income, which constitutes a voluntary and bonafide