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6 results for “penalty u/s 271”+ Section 139(1)clear

Sorted by relevance

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Key Topics

Section 271(1)(c)28Section 27422Section 153A19Section 132(1)9Section 271A8Penalty6Undisclosed Income6Section 132(4)3Capital Gains

PADAM KUMAR JAIN,RANCHI vs. DCIT, CENTRAL CIRCLE-1, RANCHI

In the result, all the appeals filed by the assessee are allowed and copy of common order passed is to be placed on respective case files

ITA 16/RAN/2020[2010-11]Status: DisposedITAT Ranchi17 Feb 2023AY 2010-11

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

Section 132(1)Section 153ASection 271(1)(c)Section 271ASection 274Section 80G

u/s 139(1) and such income was declared/offered/admitted by the appellant either in the return of income furnished after the date of search or during the assessment proceeding. Hence, seen from the above factual and legal matrix, the appellant has deemed to have concealed the particulars of his income within the meaning of Explanation 5A of Sec. 271(1

3
Long Term Capital Gains3
Addition to Income3
Search & Seizure3

PADAM KUMAR JAIN,RANCHI vs. DCIT, CENTRAL CIRCLE-1, RANCHI

In the result, all the appeals filed by the assessee are allowed and copy of common order passed is to be placed on respective case files

ITA 17/RAN/2020[2013-14]Status: DisposedITAT Ranchi17 Feb 2023AY 2013-14

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

Section 132(1)Section 153ASection 271(1)(c)Section 271ASection 274Section 80G

u/s 139(1) and such income was declared/offered/admitted by the appellant either in the return of income furnished after the date of search or during the assessment proceeding. Hence, seen from the above factual and legal matrix, the appellant has deemed to have concealed the particulars of his income within the meaning of Explanation 5A of Sec. 271(1

M/S NANDLAL KESHARDEO,RANCHI vs. ACIT, CENTRAL CIRCLE (1), RANCHI

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

ITA 15/RAN/2025[2016-2017]Status: DisposedITAT Ranchi12 Nov 2025AY 2016-2017

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 132(1)Section 132(4)Section 153ASection 271(1)(c)Section 271ASection 274

271 shall be imposed upon the assessee in respect of the undisclosed income referred to in sub-section (1) (3) The provisions of sections 274 and 275 shall, as far as may be, apply in relation to the penalty referred to in this section. Explanation-For the purposes of this section,-- (a) "specified date" means the due date of furnishing

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, RANCHI, RANCHI vs. SHRI KAMAL BHUSHAN, RANCHI

In the result, appeal filed by the revenue is dismissed and the cross objection of the assessee is allowed

ITA 36/RAN/2021[2014-15]Status: DisposedITAT Ranchi07 Apr 2025AY 2014-15

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 139Section 153ASection 271Section 271(1)(c)Section 274

penalty imposed by the AO u/s 271(1)(c) in ITA No. 36/Ran/2021 & CO 20/Ran/2021 ACIT Vs Kamal Bhusan spite of the fact that each and every ingredient of Explanation 5A to section 271(1)(c) stood satisfied. 2. That under the facts and circumstances of the case and in law the Ld.CIT(A) has failed to appreciate the fact

GAJANAN FERRO PRIVATE LIMITED,JAMSHEDPUR vs. DCIT CENTRAL CIRCLE, JAMSHEDPUR

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

ITA 139/RAN/2023[2017-18]Status: DisposedITAT Ranchi10 Mar 2025AY 2017-18

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 132(1)Section 132(4)Section 153ASection 1ASection 271(1)(c)Section 271ASection 274

139 and 140/Ran/2023 Gajanan Ferro P Ltd. Vs DCIT 3. That the assessee craves lave to add, alter or amend any ground before or at the time of hearing." 2. Rival submissions of both the parties have been heard and record perused. At the outset of hearing, the learned Authorised Representative (ld. AR) of the assessee submits that

GAJANAN FERRO PRIVATE LIMITED,JAMSHEDPUR vs. DCIT CENTRAL CIRCLE, JAMSHEDPUR

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

ITA 140/RAN/2023[2018-19]Status: DisposedITAT Ranchi10 Mar 2025AY 2018-19

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

Section 132(1)Section 132(4)Section 153ASection 1ASection 271(1)(c)Section 271ASection 274

139 and 140/Ran/2023 Gajanan Ferro P Ltd. Vs DCIT 3. That the assessee craves lave to add, alter or amend any ground before or at the time of hearing." 2. Rival submissions of both the parties have been heard and record perused. At the outset of hearing, the learned Authorised Representative (ld. AR) of the assessee submits that