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3 results for “penalty u/s 271”+ Section 1Aclear

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Key Topics

Section 27413Section 271A9Section 132(4)4Section 153A4Section 143(3)3Penalty3Undisclosed Income3Section 1A2Section 132(1)2Section 271(1)(c)

SIDHI VINAYAK METCOM LIMITED,KOLKATA vs. ASSISTANT COMMISSIONER OF INCOME TAX, JAMSHEDPUR

In the result, grounds of appeal raised by the appellant are dismissed

ITA 79/RAN/2024[2018-19]Status: DisposedITAT Ranchi07 Jul 2025AY 2018-19

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaysidhi Vinayak Metcom Limited, A.C.I.T., C-2, 2Nd Floor, Basant Jamini Road, Jamshedpur. Vs. Contractors Area, Bistupur-831001 (Jharkhand) Pan No. Aaics 3599 K Appellant/ Assessee Respondent/ Revenue

Section 132(4)Section 143(3)Section 27Section 271ASection 274

Section 271AAB (1) or Clause (a) or (b) of 271 AAB (1A) of the Act, penalty is leviable on the assessee and thus, the notice, initiating the penalty u/s

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

2
Capital Gains2
Long Term Capital Gains2

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

1A were not met, thus, rendering the levy of penalty null and void. ITA No. 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

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

1A were not met, thus, rendering the levy of penalty null and void. ITA No. 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