GAURAV AJMERA,RATLAM vs. DCIT(CENTRAL)-2, INDORE

Appeal is allowed

40,000/- being the difference of Rs.49,99,000/- surrendered\nbut only Rs.47,59,000/- declared in return; (ii) invoked higher rate of tax u/s\n115BBE to the entire income of Rs.49,99,000/-; (iii) charged interest u/s 234A,\n234B and 234C; and (iv) also recorded to initiate penalty proceeding u/s\n271AAB for concealment of income of Rs.49

PANKAJKUMAR CHIMANLAL LODHIYA,RAKJOT vs. THE ACIT, CENTRAL CIRCLE-2, RAJKOT, RAJKOT

40,46,529/- and granted relief to the assessee of\nRs.31,35,85,433/-. Therefore, assessing officer proposed to levy the penalty u/s\n271(1)(c) of the Act, on Rs.1,04,61,096/-.\n12.\nDuring the penalty proceedings, the assessee submitted reply before the\nassessing officer, the relevant portion of the assessee's submission is reproduced\nas under

PATLIPUTRA BUILDERS LIMITED,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the captioned appeals of the assessee for A

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm

Penalty u/s Amount 54/PAT/2021 2011-12 271AAA 36,48,167 55/AT/2021 2012-13 271AAA 25,47,388 52/PAT/2021 2009-10 271(1)(c) 1,93,52,140 53/PAT/2021 2010-11 271(1)(c) 1,13,77,978 56/PAT/2021 2013-14 271(1)(c) 90,09,772 57/PAT/2021 2014-15 271(1)(c) 1,33,60,445 013. We note that

PATLIPUTRA BUILDERS LIMITED,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the captioned appeals of the assessee for A

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm

Penalty u/s Amount 54/PAT/2021 2011-12 271AAA 36,48,167 55/AT/2021 2012-13 271AAA 25,47,388 52/PAT/2021 2009-10 271(1)(c) 1,93,52,140 53/PAT/2021 2010-11 271(1)(c) 1,13,77,978 56/PAT/2021 2013-14 271(1)(c) 90,09,772 57/PAT/2021 2014-15 271(1)(c) 1,33,60,445 013. We note that

PATLIPUTRA BUILDERS LIMITED,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the captioned appeals of the assessee for A

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm

Penalty u/s Amount 54/PAT/2021 2011-12 271AAA 36,48,167 55/AT/2021 2012-13 271AAA 25,47,388 52/PAT/2021 2009-10 271(1)(c) 1,93,52,140 53/PAT/2021 2010-11 271(1)(c) 1,13,77,978 56/PAT/2021 2013-14 271(1)(c) 90,09,772 57/PAT/2021 2014-15 271(1)(c) 1,33,60,445 013. We note that

PATLIPUTRA BUILDERS LIMITED,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the captioned appeals of the assessee for A

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm

Penalty u/s Amount 54/PAT/2021 2011-12 271AAA 36,48,167 55/AT/2021 2012-13 271AAA 25,47,388 52/PAT/2021 2009-10 271(1)(c) 1,93,52,140 53/PAT/2021 2010-11 271(1)(c) 1,13,77,978 56/PAT/2021 2013-14 271(1)(c) 90,09,772 57/PAT/2021 2014-15 271(1)(c) 1,33,60,445 013. We note that

PATLIPUTRA BUILDERS LIMITED,PATNA vs. ACIT, CENTRAL CIRCLE-2, PATNA

In the result, all the captioned appeals of the assessee for A

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm

Penalty u/s Amount 54/PAT/2021 2011-12 271AAA 36,48,167 55/AT/2021 2012-13 271AAA 25,47,388 52/PAT/2021 2009-10 271(1)(c) 1,93,52,140 53/PAT/2021 2010-11 271(1)(c) 1,13,77,978 56/PAT/2021 2013-14 271(1)(c) 90,09,772 57/PAT/2021 2014-15 271(1)(c) 1,33,60,445 013. We note that

PATLIPUTRA BUILDERS LTD,PATNA vs. ACIT CENTRAL CIRCLE-2, PATNA

In the result, all the captioned appeals of the assessee for A

Bench: Dr. Manish Borad, Am & Shri Sonjoy Sarma, Jm

Penalty u/s Amount 54/PAT/2021 2011-12 271AAA 36,48,167 55/AT/2021 2012-13 271AAA 25,47,388 52/PAT/2021 2009-10 271(1)(c) 1,93,52,140 53/PAT/2021 2010-11 271(1)(c) 1,13,77,978 56/PAT/2021 2013-14 271(1)(c) 90,09,772 57/PAT/2021 2014-15 271(1)(c) 1,33,60,445 013. We note that