Search: penalty u/s 271

3 results for “penalty u/s 271”+ Section 270A(2)(a)clear

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Section 270A10 Section 2749 Section 153A4 Penalty3 Section 270A(2)(a)2 Section 270A(9)(a)2 Section 132(1)2 Section 132(4)2 Capital Gains2 Long Term Capital Gains

M/S EKLAVYA ESTATE PVT.LTD.,RANCHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RANCHI, RANCHI

In the result, this appeal of the assessee is allowed

ITA 258/RAN/2024[2018-19]Status: DisposedITAT Ranchi03 Feb 2026AY 2018-19

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahaym/S Eklavya Estate Pvt. Ltd., D.C.I.T., H-95, Harmu Housing Colony, Central Circle-2, Vs. Ranchi-834002 (Jharkhand) Ranchi. Pan No. Aabce 5815 F Appellant/ Assessee Respondent/ Revenue

Section 133ASection 270ASection 274

271(1)(c) is not leviable when the profit is estimated. The same corollary in our opinion is also applicable to the provisions of section 270A. Therefore, there is no infirmity in the order of the Commissioner (Appeals) cancelling the penalty levied by the Assessing Officer under section 2704(9) [Para 7.7] Rajendra Bahusaheb Deshmukh vs. Income-tax Officer

VIJAY KUMAR MITTAL,JAMSHEDPUR vs. ACIT CENTRAL CIRCLE, JAMSHEDPUR

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