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20 results for “penalty u/s 271”+ Section 44Aclear

Sorted by relevance

Chennai10Mumbai4Indore3Bangalore2Jaipur1

Key Topics

Section 271(1)(c)68Section 271A22Section 271(1)21Penalty18Addition to Income17Section 143(3)16Section 44A8Section 10A8Section 271B7Disallowance5Section 2634Deduction4

BHADRAVATHI RAMALINGASETTY MANJUNATH SETTY,BHADRAVATHI vs. ITO WARD-1 TPS , SHIMOGA

In the result, appeal filed by the assessee is allowed

ITA 1459/BANG/2025[2018-19]Status: DisposedITAT Bangalore16 Dec 2025AY 2018-19

Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2018-19

For Appellant: Sri Sachin S Rao, A.RFor Respondent: Sri Balusamy N., D.R
Section 139Section 139(4)Section 139(9)Section 143(2)Section 143(3)Section 250Section 271BSection 44A

44A of the Act and also got the audit report u/s 44AB of the Act and uploaded the same to e-filing portal on 31.3.2019. There was no deliberate, willful violation and absolute default on the part of the tax payer and therefore requested to drop the penalty proceedings. Further, during the course of penalty proceedings, the proprietor also submitted

THE DCIT, 1(1), BHOPAL vs. SMT. SUDESH CHAWLA, BHOPAL

In the result appeal of the assessee for Assessment Years

ITA 405/IND/2015[2006-07]Status: DisposedITAT Indore26 Nov 2020AY 2006-07

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

Section 234ASection 234BSection 234CSection 271(1)(c)

271 (SC) Omar Salay Mohamed Sait Vs. CIT (1959) 371TR 151 (SC) Nai Dunia News &Network Pvt Ltd. 171TJ 289 Trib.lndore AO made adhoc disallowance for expenses holding that "some" vouchers were not verifiable. HELD, no specific defect is pointed out. 'A' has maintained proper books which has not been rejected. B. ACIT vs.Popular Art Palace

LATE SMT. SUDESH CHAWLA L/H SHRI PREM CHAWLA,BHOPAL vs. THE ACIT 1(2), BHOPAL

In the result appeal of the assessee for Assessment Years

ITA 441/IND/2015[2006-07]Status: DisposedITAT Indore26 Nov 2020AY 2006-07

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

Section 234ASection 234BSection 234CSection 271(1)(c)

271 (SC) Omar Salay Mohamed Sait Vs. CIT (1959) 371TR 151 (SC) Nai Dunia News &Network Pvt Ltd. 171TJ 289 Trib.lndore AO made adhoc disallowance for expenses holding that "some" vouchers were not verifiable. HELD, no specific defect is pointed out. 'A' has maintained proper books which has not been rejected. B. ACIT vs.Popular Art Palace

SMT. SARITA CHAWLA,BHOPAL vs. THE ACIT 1(2), BHOPAL

In the result appeal of the assessee for Assessment Years

ITA 442/IND/2015[2006-07]Status: DisposedITAT Indore26 Nov 2020AY 2006-07

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradit(Ss)A Nos. 158 To 163/Ind/2015 Assessment Years 2000-01 To 2005-06 & Assessment Year-2006-07

Section 234ASection 234BSection 234CSection 271(1)(c)

271 (SC) Omar Salay Mohamed Sait Vs. CIT (1959) 371TR 151 (SC) Nai Dunia News &Network Pvt Ltd. 171TJ 289 Trib.lndore AO made adhoc disallowance for expenses holding that "some" vouchers were not verifiable. HELD, no specific defect is pointed out. 'A' has maintained proper books which has not been rejected. B. ACIT vs.Popular Art Palace

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1480/CHNY/2024[2014-15]Status: DisposedITAT Chennai30 Aug 2024AY 2014-15

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1),, CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1486/CHNY/2024[2015-16]Status: DisposedITAT Chennai30 Aug 2024AY 2015-16

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1),, CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1478/CHNY/2024[2012-13]Status: DisposedITAT Chennai30 Aug 2024AY 2012-13

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1484/CHNY/2024[2013-14]Status: DisposedITAT Chennai30 Aug 2024AY 2013-14

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1481/CHNY/2024[2015-16]Status: DisposedITAT Chennai30 Aug 2024AY 2015-16

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1483/CHNY/2024[2012-13]Status: DisposedITAT Chennai30 Aug 2024AY 2012-13

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1482/CHNY/2024[2016-17]Status: DisposedITAT Chennai30 Aug 2024AY 2016-17

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1479/CHNY/2024[2013-14]Status: DisposedITAT Chennai30 Aug 2024AY 2013-14

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1485/CHNY/2024[2014-15]Status: DisposedITAT Chennai30 Aug 2024AY 2014-15

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

SRINIVASAN CHANDRASEKARA CHANDILYA,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

In the result, the appeal of the assesse is dismissed

ITA 1487/CHNY/2024[2016-17]Status: DisposedITAT Chennai30 Aug 2024AY 2016-17

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita Nos.1478, 1479, 1480, 1481, 1482, 1483, 1484, 1485, 1486 & 1487/Chny/2024 निर्धारण वर्ा /Assessment Years: 2012-13, 2013-14, 2014-15, 2015-16, 2016-17, 2012-13, 2013-14, 2014-15, 2015-16, 2016-17 Srinivasan Chandrasekara Chandilya Asst. Commissioner Of Income Tax, K.V.Ranganathan & Co., Non-Corporate Circle-7(1), No.113/574, Ii Floor, Congress Chennai. Building, Tenampet, Chennai [Pan: Aaupc3096J]

For Appellant: Shri R.S.Balaji, AdvocateFor Respondent: Shri Dr.Samuel Pitta, JCIT
Section 143(3)Section 271(1)Section 271(1)(c)Section 271A

271(1) ( c ) for AY’s 2013-14 to 2016-17 9.0 As stated above, the facts of the case in the above mentioned ITA Nos. are same as available in ITA No.1478. Accordingly, the decision taken in ITA No.1478 Supra would squarely apply in all the above appeals. 10.0 In the result, the appeals of the assesse

RAJESH KUMAR BAID,JAIPUR vs. ITO WARD 5(2) JAIPUR, JAIPUR

In the result, the appeals filed by the assessee are dismissed

ITA 501/JPR/2023[2015-16]Status: DisposedITAT Jaipur27 Sept 2023AY 2015-16

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI, AM vk;djvihy la-@ITA No. 501, 494 & 499/JP/2023 fu/kZkj.ko"kZ@Assessment Year :2015-16 (u/s 271(1)(c) 271B & 271A of the Act,1961) Shri Rajesh Kumar Baid B-10, Tulsidasji Ki Bagichi Janta Colony, Jaipur 302 004 (Raj) cuke Vs. The ITO Ward 5(2) Jaipur LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.: ABZPB 7205 M vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@Assessee by : None jktLo dh vksj ls@Revenue by: Mrs. Mo

For Appellant: NoneFor Respondent: Mrs. Monisha Choudhary, Addl. CIT
Section 271(1)Section 271(1)(c)Section 271ASection 271B

271(1)(c) is not used in the popular sense of money received but connotes the assessable figures arrived at after accounting for all the legitimate and exemptions (Naginchand v. CIT 6 ITR 534). Further reliance is placed on the following case laws. 1. CIT v. Gates 91 ITR 467 2. Cement Distributors v.CIT 60 ITR 586 4 SHRI RAJESH

SRI. PATIL KADPAKAL GARJAN,,SHIMOGA vs. ADDITIONAL COMMISSIONER OF INCOME TAX, SHIMOGA

In the result, the appeal of the assessee is partly allowed

ITA 874/BANG/2017[2009-10]Status: DisposedITAT Bangalore09 Jun 2017AY 2009-10

Bench: Shri Vijay Pal Rao

For Appellant: Shri V. Srinivasan, AdvocateFor Respondent: Shri M.K. Biju, JCIT (DR) (ITAT)-3, Bengaluru
Section 271(1)(c)Section 44A

44A provides the estimation of income @ 8% in the cases where the turnover of the assessee is less than Rs.40 lakhs for the year under consideration however the said provision also provides a guidance for estimation of income in other cases where the turnover is more than the limit provided under the said section. 5. On the other hand

GIRAFFE DEVELOPERS PVT. LTD.,MUMBAI vs. PR. CIT - 9 , MUMBAI

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

ITA 2663/MUM/2019[2014-15]Status: DisposedITAT Mumbai25 Jul 2022AY 2014-15

Bench: Shri Prashant Maharishi & Shri Pavan Kumar Gadalegiraffe Developers Pvt Vs. Pr. Cit – 9, Ltd Room No. 214, 2Nd 111, G Wing, Akruti Floor, Aayakar Commercial Complex, Bhavan, M.K. Road, Next To Akruti Centre Churchgate, Point, Central Road, Mumbai-400020. Andheri (E), Mumbai- 400093 Pan/Gir No. : Aaccn2778D Appellant .. Respondent Appellant By : Shri.Madhur Agrawal & Shri.Fenil Bhatt.Ar Respondent By : Shri.S.Anbuselvam.Dr Date Of Hearing 13.07.2022 Date Of Pronouncement 25.07.2022 आदेश / O R D E R Per Pavan Kumar Gadale Jm: The Assessee Has Filed The Appeal Against The Order Of Pr. Commissioner Of Income Tax (Appeals)-9, Mumbai Passed U/S 143(3) & 250 Of The Act. The Assessee Has Raised The Following Grounds Of Appeal:

For Appellant: Shri.Madhur Agrawal &For Respondent: Shri.S.Anbuselvam.DR
Section 139(1)Section 143(1)Section 143(2)Section 143(3)Section 263Section 271ASection 271BSection 40Section 40A(2)Section 92D

271 BA for its failure to furnish the audit report u/s 92E, are applicable to the assessee. In view of this, it appears that the assessment order u/s 143(3) passed by the AO on 30.12.2016 is erroneous and prejudicial to the interest of revenue within the meaning of section 263 of the Income Tax Act, 1961. Therefore

MRS. SHAILAJA G TANDEL,NAVI MUMBAI vs. ITO WARD 4 , PANVEL

In the result, the appeal of the assessee is allowed

ITA 7548/MUM/2019[2011-12]Status: DisposedITAT Mumbai05 Sept 2022AY 2011-12

Bench: Shri Prashant Maharishi, Am & Shri Sandeep Singh Karhail, Jm Mrs. Shailaja G Tandel Ito Ward-4 401, Chandan Residency Panvel Raigad Plot No.33, Sector 44A, Vs. Nerul West, Navi Mumbai Navi Mumbai-400 706 (Respondent) (Appellant) Pan No. Acppt6011K Assessee By : Shri Prakash Pandit, Ar Revenue By : Shri Ajay Singh, Dr Date Of Hearing: 05.09.2022 Date Of Pronouncement : 05.09.2022

For Appellant: Shri Prakash Pandit, ARFor Respondent: Shri Ajay Singh, DR
Section 143(3)Section 271Section 271(1)(c)Section 274Section 54F

44A, Vs. Nerul West, Navi Mumbai Navi Mumbai-400 706 (Respondent) (Appellant) PAN No. ACPPT6011K Assessee by : Shri Prakash Pandit, AR Revenue by : Shri Ajay Singh, DR Date of hearing: 05.09.2022 Date of pronouncement : 05.09.2022 O R D E R PER PRASHANT MAHARISHI, AM: 01. This appeal is filed by assessee against the order passed by the Commissioner of Income

WNS GLOBAL SERVICES P.LTD,MUMBAI vs. DCIT CIR 14(3)(1), MUMBAI

In the result, the appeals are partly allowed

ITA 2257/MUM/2017[2012-13]Status: DisposedITAT Mumbai19 Mar 2020AY 2012-13

Bench: Shri Rajesh Kumar & Shri Ram Lal Negiita No.2257/Mum/2017 Assessment Year : 2012 -13 Ita No.1955/Mum/2016 Assessment Year : 2011 -12

For Appellant: Shri Porus Kaka & Shri Manish KanthFor Respondent: Shri Kumar Sanjay & Smt. Kavita Kaushik
Section 10ASection 143(3)Section 144C(5)Section 263Section 32(1)Section 92C

penalty proceedings under Section 271 (1)(c) of the Act. Ground no.1 is general in nature and needs no adjudication. Accordingly, it is dismissed. 46. Ground nos. 2 to 4 is with regard to the disallowance of depreciation of Rs 42,98,30,119/- on the acquisition of MSA from foreign AE WCIL. Since for A.Y. 2011-12 we have

WNS GLOBAL SERVICES P. LTD,MUMBAI vs. DCIT CIR 14(3)(1), MUMBAI

In the result, the appeals are partly allowed

ITA 1955/MUM/2016[2011-12]Status: DisposedITAT Mumbai19 Mar 2020AY 2011-12

Bench: Shri Rajesh Kumar & Shri Ram Lal Negiita No.2257/Mum/2017 Assessment Year : 2012 -13 Ita No.1955/Mum/2016 Assessment Year : 2011 -12

For Appellant: Shri Porus Kaka & Shri Manish KanthFor Respondent: Shri Kumar Sanjay & Smt. Kavita Kaushik
Section 10ASection 143(3)Section 144C(5)Section 263Section 32(1)Section 92C

penalty proceedings under Section 271 (1)(c) of the Act. Ground no.1 is general in nature and needs no adjudication. Accordingly, it is dismissed. 46. Ground nos. 2 to 4 is with regard to the disallowance of depreciation of Rs 42,98,30,119/- on the acquisition of MSA from foreign AE WCIL. Since for A.Y. 2011-12 we have