Search: penalty u/s 271

SRI AJAY KUMAR ,HAZARIBAGH vs. ITO WARD-1(1), HAZARIBAGH

In the result, the appeal of the assessee in ITA NO

ITA 207/RAN/2017[09-10]Status: DisposedITAT Ranchi08 Jul 2020

Bench: Shri S.S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.243/Ran/2016 आयकरअपीलसं./Ita No.207/Ran/2017 ("नधा"रणवष" / Assessment Year:2009-10)

For Appellant: Shri M. K. Choudhry, AdvocateFor Respondent: Shri Inderjeet Singh, CIT (DR)

Section 147Section 50C

50C of Income Tax Act, 1961 is not applicable if income is taxable under Section 28, in this regard, we are also refer case Inderlok Hotels (P) Ltd. vs. ITO [2009] 32 SOT 419 (Mum).” 9. Therefore, the ld Counsel has contended before us that during the assessment stage it was submitted before the AO that sale of land should

SHRI AJAY KUMARS/O SHRI KISAN BHAGWAT,HAZARIBAGH vs. ITO WARD-2(5), HAZARIBAGH

In the result, the appeal of the assessee in ITA NO

ITA 243/RAN/2016[2009-10]Status: DisposedITAT Ranchi08 Jul 2020AY 2009-10

Bench: Shri S.S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.243/Ran/2016 आयकरअपीलसं./Ita No.207/Ran/2017 ("नधा"रणवष" / Assessment Year:2009-10)

For Appellant: Shri M. K. Choudhry, AdvocateFor Respondent: Shri Inderjeet Singh, CIT (DR)

Section 147Section 50C

50C of Income Tax Act, 1961 is not applicable if income is taxable under Section 28, in this regard, we are also refer case Inderlok Hotels (P) Ltd. vs. ITO [2009] 32 SOT 419 (Mum).” 9. Therefore, the ld Counsel has contended before us that during the assessment stage it was submitted before the AO that sale of land should

AMIT KUMAR SINHA,PALAMAU vs. DCIT,CIRCLE-3, RANCHI

Appeal is allowed for statistical purposes in above terms

ITA 150/RAN/2019[2014-15]Status: DisposedITAT Ranchi14 Jul 2020AY 2014-15

Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Assessment Year:2014-15 बनाम Amit Kumar Sinha Dcit, Circle-3, Ranchi / Near Police Line, Shantipuri, V/S. Daltonganj, Palamau, Jharkhand-822101. Pan No.Bttps7121K अपीलाथ" /Appellant ""यथ" /Respondent ..

Section 271(1)(c)Section 50C(2)Section 56(2)(vii)

271(1)(c) of the Income Tax Act, 1961; (in short ‘the Act’). Heard both the parties. Case file persued. 2. It transpires at the outset that this tribunal’s coordinate bench has restored assessee’s quantum appeal ITA No.149/Ran/2019 back to the Assessing Officer for afresh adjudication of section 56(2)(vii)(b) addition issue as per law after