S 271 - Judgment Search Results

Commissioner of Income Tax Vs. P.Rojes

Court: Chennai

..... behalf of the respondent pointed out that the language of section 271 1 c had to be strictly construed this being a taxing ..... assessee it went on to hold that clause iii of section 271 1 provided for a discretionary jurisdiction upon the assessing authority inasmuch ..... j in that case the assessing officer initiated penalty proceedings under section 271 1 c of the act holding that the assessee had not .....

Bhim Raj Anand Kumar Vs. Income-tax Officer.

Court: Allahabad

Reported in: [1990]33ITD508(NULL)

..... excise authorities to the ito who accordingly commenced proceedings u s 271 1 c of the it act 1961 with regard to the investment ..... opinion that represented concealed income to which explanation 4 to section 271 1 c of the it act was applicable the learned cit appeals ..... law taking into account the provisions of explanation 4 to section 271 1 c of the it act 1961 into account we accordingly uphold .....

Commissioner of Income-tax, Etc. Vs. Maskara Tea Estate

Court: Guwahati

..... gujarat high court was the interpretation of the provisions of sections 271 1 c 271 2 and 274 2 of the act the observations of the ..... refers to the persons who are liable to penalty under section 271 1 a 271 1 i and no other person those exempted from liability to ..... products ltd 1973 88itr192 sc while interpreting the provisions contained in section 271 1 a i their lordships inter alia observed p 196 we .....

Smt. Kavita Kapoor Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Amritsar

Reported in: (2007)110TTJ(Asr.)50

..... m celine representative submitted that even for the purpose of initiating penalty proceedings under section 271 1 a the satisfaction must be recorded in the assessment order itself he further ..... according to the learned authorised representative constituted a reasonable cause for the default under section 271 1 a for which no penalty could be imposed thus the learned authorised representative .....

Commissioner of Income Vs. Ng Technologies Ltd.

Court: Delhi

..... had discharged the onus cast upon it under explanation i section 271 1 c of the it act we note that the assessee company ..... recorded in the assessment order penalty proceedings for concealment under section 271 1 c of the act were initiated and penalty equal to ..... of furnishing inaccurate particulars of income under explanation 1 of section 271 i c in this case the assessee has furnished all facts .....

Commissioner of Income Vs. Ng Technologies Ltd.

Court: Delhi

..... had discharged the onus cast upon it under explanation i section 271 1 c of the it act we note that the assessee company ..... recorded in the assessment order penalty proceedings for concealment under section 271 1 c of the act were initiated and penalty equal to ..... of furnishing inaccurate particulars of income under explanation 1 of section 271 i c in this case the assessee has furnished all facts .....

The Commissioner of Income-tax, Delhi Vs. Hindustan Industrial Corpora ...

Court: Delhi

Reported in: ILR1972Delhi233; [1972]86ITR657(Delhi)

..... of the notice ii income tax act 1961 sections 271 1 a 271 1 i amp 271 2 assessed treated as unrngistered firm default in filing ..... parties it would be appropriate to reproduce section 271 of the act section 271 reads as follows 13 271 l if the income tax officer or the ..... was treated as if it was an unregistered firm beyond this section 271 2 cannot be stretched to confer any additional benefit such as .....

Commissioner of Income-tax Vs. Chickanna Silk House

Court: Chennai

Reported in: (1984)42CTR(Mad)279; [1987]163ITR145(Mad)

..... 8 meanwhile the inspecting assistant commissioner initiated penalty proceedings under section 271 1 c of the act in response to the show ..... particulars in addition reliance was placed on the explanation to section 271 1 c which was in force during the assessment years ..... be incorrect and inaccurate held levy of penalty justified under section 271 1 in the course of the assessment proceedings the income .....

Henri Isidore Vs. Commissioner of Income-tax

Court: Chennai

Reported in: [1999]240ITR247(Mad)

..... reference proceeding question for consideration was order passed under section 271 1 a was whether amenable to rectification proceedings under ..... the appellate assistant commissioner to levy penalty is under section 271 of the act and when the assessing officer has ..... proceeding question for consideration was order passed under section 271 1 a was whether amenable to rectification proceedings under .....

Commissioner of Income Tax Vs. B.R. Sharma

Court: Delhi

Reported in: (2005)196CTR(Del)454; 117(2005)DLT447; 2005(80)DRJ324; [2005]275ITR303(Delhi)

..... of jurisdictional high court the initiation of penalty proceedings under sec 271 1 c will not amount to recording of satisfaction before ..... necessary forms give credit for prepaid taxes penalty proceedings u s 271 1 c have been initiated separately sd abhay tayal dy ..... its absence the opening clause of sub section 1 of section 271 itself contemplates a finding as regards satisfaction of availability of .....