M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue\nis dismissed

22,72,13,000/-\n(vi) CMPDIL expenses\n*43,53,60,000/-\n(viii) IICM Charges\n* 2,35,40,000/-\nTotal Additions/Disallowances\n* 97,77,17,000/-\nThe penalty proceedings under Section 271(1)(c) of the Act were separately\ninitiated with the issue of notice under Section 274 read with section 271

DCIT,CIRCLE-1,RANCHI, RANCHI vs. CENTRAL COALFIELD LTD, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayd.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee M/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue

22,000/- (ix) Provisions for Executive Salary revision ₹ 1,25,10,67,000/- Total Additions/Disallowances ₹ 2,06,13,64,500/- The penalty proceedings under Section 271(1)(c) of the Act were separately initiated with the issue of notice under Section 274 read with section 271(1)(c) of the Act and finally, the Assessing Officer vide the impugned penalty

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayd.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee M/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue

22,000/- (ix) Provisions for Executive Salary revision ₹ 1,25,10,67,000/- Total Additions/Disallowances ₹ 2,06,13,64,500/- The penalty proceedings under Section 271(1)(c) of the Act were separately initiated with the issue of notice under Section 274 read with section 271(1)(c) of the Act and finally, the Assessing Officer vide the impugned penalty

DCIT,CIRCLE-1,RANCHI, RANCHI vs. CENTRAL COALFIELDS LIMITED, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

22,25,826/- of Sec. 14A of the I.T. Act. (ii) Land & Crop Compensation ₹ 12,00,000/- (iii) Grants to School & Institutions and Grants of ₹ 14,65,00,000/- Sports Recreation (iv) Environmental Expenditure ₹ 3,06,00,000/- (v) Mines Closure Expenses ₹ 1,05,13,00,000/- (vi) CMPDIL expenses ₹ 51,68,00,000/- (vii) IICM Expenses ₹ 2

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

22,25,826/- of Sec. 14A of the I.T. Act. (ii) Land & Crop Compensation ₹ 12,00,000/- (iii) Grants to School & Institutions and Grants of ₹ 14,65,00,000/- Sports Recreation (iv) Environmental Expenditure ₹ 3,06,00,000/- (v) Mines Closure Expenses ₹ 1,05,13,00,000/- (vi) CMPDIL expenses ₹ 51,68,00,000/- (vii) IICM Expenses ₹ 2

DCIT,CIRCLE-1,RANCHI, RANCHI vs. CENTRAL COALFIELD LTD, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

22,41,440/- As such the penalty imposed for inaccurate particulars is unjustified, arbitrary and without any basis, without appreciating the facts and the law which is no more res-integra, as aforesaid. 6. For that other grounds, if any will be argued / taken up at the time of hearing. The revenue, on the other hand, in its appeal

M/S. CENTRAL COALFIELDS LTD.,,RANCHI vs. DCIT CIRCLE-1, RANCHI

In the result, appeal of the assessee is allowed and the appeal of the revenue is dismissed

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Central Coalfields Ltd., D.C.I.T., Darbhanga House, Kutchery Road, Circle-1, Vs. Ranchi-834001 (Jharkhand) Ranchi. Pan No. Aaacc 7476 R Appellant/ Assessee Respondent/ Revenue D.C.I.T., Central Coalfield Ltd., Circle-1, 4Th Floor, Central Revenue Building Vs. Ranchi. Annexee, 5A, Main Road, Ranchi-834001 (Jharkhand) Pan No. Aaacc 7476 R Appellant/ Revenue Respondent/ Assessee

22,41,440/- As such the penalty imposed for inaccurate particulars is unjustified, arbitrary and without any basis, without appreciating the facts and the law which is no more res-integra, as aforesaid. 6. For that other grounds, if any will be argued / taken up at the time of hearing. The revenue, on the other hand, in its appeal

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

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

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

e of Section 271AAB of the Act as to at what percentage the penalty will be levied on the assessee for the undisclosed income not surrendered during the course of search. The assessee deserves an opportunity to plead before the ld. A.O before being visited with the penalty u/s 271AAB of the Act. The alleged notice issued u/s

SRI SANJAY KUMAR SHARDA,WEST SINGHBHUM vs. ACIT, C.C.-1, RANCHI

Appeal is allowed

Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Assessment Year:2016-17 बनाम Sri Sanjay Kumar Sharda Acit, Central Circle-1, Ranchi / Barajamda, West Singhbhum, V/S. Jharkhand-833221. Pan No.Ahwps4875Q अपीलाथ" /Appellant ""यथ" /Respondent ..

E R Per S. S. Godara(Oral): This assessee’s appeal for assessment year 2016-17 arises against the Commissioner of Income-tax (Appeals), Ranchi’s order dated 22.10.2019 passed in case No.ITBA/APL/S/250/2019-20/109219397(1) involving proceedings u/s 271AAB of the Income Tax Act, 1961; (in short ‘the Act’). Heard both the parties. Case file persued. 2. The assessee’s sole

M/S SHRI RAM POWER & STEEL PVT. LTD.,,KOLKATA vs. ACIY, C.C.1, RANCHI

Appeal is allowed

Bench: Shri S.S.Godara & Dr. A.L. Sainiassessment Year :2016-17

E R PER BENCH (Oral):- This assessee’s appeal for assessment year 2016-17 arises against the Commissioner of Income Tax (Appeals)-Dhanbad’s order dated 05.09.2019 passed in case No. CIT(A) Dhanbad/10069/2018-19, affirming Assessing Officer’s action imposing penalty of ₹35,67,610/- in proceedings u/s271AAB the Income Tax Act, 1961; in short ‘the Act’. Heard both

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

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay

E R PER: BENCH 1. The appeal by the Revenue and Cross Objection (CO) therein by the assessee are directed against the order of learned Commissioner of Income tax (Appeals), Patna-3, Patna [‘ld. CIT(A)’ for short] dated 26/03/2021 for the Assessment Year (AY) 2014-15. The Revenue in its appeal has raised the following grounds of appeal

SHRI NIRANJAN KUMAR AGARWAL,DHANBAD vs. ITO WD-2(1), DHANBAD

In the result, appeal of the assessee is allowed

Bench: Shri N.S Saini

u/s 271(1 )(c) of the Act. 9. The penalty provisions of section 271(1)(c) of the Act are attracted where the assessee has concealed the particulars of income or furnished inaccurate particulars of such income. It is also a well-accepted proposition that the aforesaid two limbs of section P a g e

SRI MAKHAN LAL AGRWAL,WEST SINGHBHUM vs. ACIT CIR-3, JSTR

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

Bench: Shri S. S. Godara, J.M. & Dr.A.L.Saini, A.M.)

22 -02-2019 ORDER PER BENCH: The captioned appeal filed by the assesee, is directed against order dated 20- 03-2018 passed by the ld. Commissioner of Income-tax (Appeals), Jamshedpur in confirming the penalty of Rs. 49,79,239/-, which in turn arises out of penalty order passed by the Assessing Officer u/s. 271(1)(c ) of the Income

DEVI KHEMKA,JAMSHEDPUR vs. ITO, WARD-2(4), JAMSHEDPUR

Appeal is allowed

Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Assessment Year:2005-06 बनाम Devi Khemka Ito, Ward-2(4), Jamshedpur / C/O Sri Sajjan Khemka, New V/S. Baradwari, Sakchi, Jamshedpur Pan No.Acapk7053R अपीलाथ" /Appellant ""यथ" /Respondent ..

22-07-2020 आदेश /O R D E R Per S. S. Godara(Oral): This assessee’s appeal for assessment year 2005-06 arises against the Commissioner of Income-tax (Appeals), Jamshedpur’s order dated 26.02.2019 passed in case No.81/JSR/2018-19 involving proceedings u/s 271(1)(c) of the Income Tax Act, 1961; (in short ‘the Act’). 2. The assessee

SMT. SAROJ RAI,RANCHI vs. ACIT CIRCLE-2, RANCHI

In the result, appeals of the assessee are allowed

Bench: S/Shri Chandra Mohan Garg & Laxmi Prasad Sahu

22,670/-, Rs.44,220/- & 2,55,050/- imposed u/s.271(1)(c) of the Act for the assessment years 2010-2011 to 2013-14. 3. At the outset, the ld. counsel filed a copy of the notices issued u/s 271(1)(c) of the IT Act dated 31.3.2015. Referring to the same, he P a g e 1 | 5 ITA Nos.62

DCIT CENTRAL CIRCLE-1, RANCHI vs. SHRI RAJESH BATHWAL, RANCHI

In the result, all the appeals of the revenue are dismissed

Bench: Hon’Ble Shri J. Sudhakar Reddy] I.T.A. Nos. 360, 361, 362, 363 & 364/Ran/2016 Assessment Years :2003-04, 2004-05, 2005-06, 2006-07 & 2007-08 Acit Cir 1.........................................................................................................................Appellant 7Th Floor, Mahabir Tower, Main Road, Ranchi, Jharkhand – 834 001. Shri Rajesh Bathwal...................……………………………………..................................Respondent Saheed Jaswant Singh Marg, Lake Raod, Ranchi – 834 001 [Pan: Adgpb 9315 E] Appearances By: Shri Sanjay Malik, Jr. Dr Appearing On Behalf Of The Revenue. Shri Rajiv Ranjan Mittal, Advocatel Appearing On Behalf Of The Assessee. Date Of Concluding The Hearing : February 28, 2018 Date Of Pronouncing The Order : February 28 , 2018 Order All These Are Revenue’S Appeal Directed Against The Separate Orders Of Commissioner Of Income Tax (Appeals), Wherein The Penalty Levied By The Assessing Officer Under Section 271(1)(C) Of The Act Have Been Cancelled By The Ld. Cit(A).

E] Appearances by: Shri Sanjay Malik, Jr. DR appearing on behalf of the Revenue. Shri Rajiv Ranjan Mittal, Advocatel appearing on behalf of the Assessee. Date of concluding the hearing : February 28, 2018 Date of pronouncing the order : February 28 , 2018 ORDER All these are revenue’s appeal directed against the separate orders of Commissioner of Income Tax (Appeals), wherein

DCIT CENTRAL CIRCLE-1, RANCHI vs. SHRI RAJESH BATHWAL, RANCHI

In the result, all the appeals of the revenue are dismissed

Bench: Hon’Ble Shri J. Sudhakar Reddy] I.T.A. Nos. 360, 361, 362, 363 & 364/Ran/2016 Assessment Years :2003-04, 2004-05, 2005-06, 2006-07 & 2007-08 Acit Cir 1.........................................................................................................................Appellant 7Th Floor, Mahabir Tower, Main Road, Ranchi, Jharkhand – 834 001. Shri Rajesh Bathwal...................……………………………………..................................Respondent Saheed Jaswant Singh Marg, Lake Raod, Ranchi – 834 001 [Pan: Adgpb 9315 E] Appearances By: Shri Sanjay Malik, Jr. Dr Appearing On Behalf Of The Revenue. Shri Rajiv Ranjan Mittal, Advocatel Appearing On Behalf Of The Assessee. Date Of Concluding The Hearing : February 28, 2018 Date Of Pronouncing The Order : February 28 , 2018 Order All These Are Revenue’S Appeal Directed Against The Separate Orders Of Commissioner Of Income Tax (Appeals), Wherein The Penalty Levied By The Assessing Officer Under Section 271(1)(C) Of The Act Have Been Cancelled By The Ld. Cit(A).

E] Appearances by: Shri Sanjay Malik, Jr. DR appearing on behalf of the Revenue. Shri Rajiv Ranjan Mittal, Advocatel appearing on behalf of the Assessee. Date of concluding the hearing : February 28, 2018 Date of pronouncing the order : February 28 , 2018 ORDER All these are revenue’s appeal directed against the separate orders of Commissioner of Income Tax (Appeals), wherein

DCIT CENTRAL CIRCLE-1,RANCHI vs. SHRI RAJESH BATHWAL, RANCHI

In the result, all the appeals of the revenue are dismissed

Bench: Hon’Ble Shri J. Sudhakar Reddy] I.T.A. Nos. 360, 361, 362, 363 & 364/Ran/2016 Assessment Years :2003-04, 2004-05, 2005-06, 2006-07 & 2007-08 Acit Cir 1.........................................................................................................................Appellant 7Th Floor, Mahabir Tower, Main Road, Ranchi, Jharkhand – 834 001. Shri Rajesh Bathwal...................……………………………………..................................Respondent Saheed Jaswant Singh Marg, Lake Raod, Ranchi – 834 001 [Pan: Adgpb 9315 E] Appearances By: Shri Sanjay Malik, Jr. Dr Appearing On Behalf Of The Revenue. Shri Rajiv Ranjan Mittal, Advocatel Appearing On Behalf Of The Assessee. Date Of Concluding The Hearing : February 28, 2018 Date Of Pronouncing The Order : February 28 , 2018 Order All These Are Revenue’S Appeal Directed Against The Separate Orders Of Commissioner Of Income Tax (Appeals), Wherein The Penalty Levied By The Assessing Officer Under Section 271(1)(C) Of The Act Have Been Cancelled By The Ld. Cit(A).

E] Appearances by: Shri Sanjay Malik, Jr. DR appearing on behalf of the Revenue. Shri Rajiv Ranjan Mittal, Advocatel appearing on behalf of the Assessee. Date of concluding the hearing : February 28, 2018 Date of pronouncing the order : February 28 , 2018 ORDER All these are revenue’s appeal directed against the separate orders of Commissioner of Income Tax (Appeals), wherein