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3 results for “transfer pricing”+ Section 271Eclear

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Key Topics

Section 143(3)4Penalty3Section 2502Section 271A2Section 1482Section 69D2

SEQUENCE DESIGN (INDIA) PRIVATE LIMITED,PUNE MAHARASHTRA vs. JOINT COMMISSIONER OF INCOME TAX CIRCLE 1(1) PUNE, PUNE

In the result, appeal of the assessee is allowed

ITA 2106/PUN/2024[2015-2016]Status: DisposedITAT Pune16 May 2025AY 2015-2016

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2106/Pun/2024 Assessment Year : 2015-16

For Appellant: Shri Nikhil PathakFor Respondent: Shri Manish Mehta
Section 143(1)(a)Section 143(3)Section 250Section 271ASection 273BSection 92D(1)

Transfer Pricing adjustment already offered to tax in the A.Y. 2009-10 to A.Y. 2014-15, it was excluded while computing the total income for A.Y. 2014-15. On the strength of these facts, it was stated that assessee had reasonable cause not to report the said transaction in Form No.3CEB and therefore no penalty is leviable u/s.271AA

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

ITA 137/PUN/2018[2013-14]Status: DisposedITAT Pune25 Sept 2018AY 2013-14

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"

For Appellant: Shri Rakesh MohanFor Respondent: Shri B. Kishore (CIT)
Section 269TSection 271Section 271E

price of the shares, then such cases are saved by reasonable cause. In the instant case, allotment of preference shares does not represent an empty formality. On the contrary, Shares of RM are overvalued arbitrarily 'without any basis and the same are issued to square off the deposits received. 13. Based on the above discussion it is clear that

DY.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 1, AURANGBAD, AURANGBAD vs. SANJAY SUGANCHAND KASLIWAL, AURANGABAD

In the result, the appeal filed by the Revenue is dismissed\nand the Cross Objection filed by the assessee is partly allowed as\nper terms indicated above

ITA 1339/PUN/2024[2015]Status: DisposedITAT Pune24 Mar 2025
Section 133ASection 143(3)Section 148Section 271DSection 69D

271E of the Act.\nAgain, the assessee filed reply on 14.03.2022 and stated that the\nstatement given by him before the police authorities was under\ncoercion, threat and undue pressure and even that statement\nwas not signed and thus he denied the contents of his statement\nrecorded by the police authorities. It was also stated that Mr.\nPankaj Radheshyam Agrawal