Section 271 - Judgment Search Results

Smt. Mrudulaben B. Patel Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2003)80TTJ(Ahd.)390

..... to the assessment order it was contended that the ao has directed issue notice under section 271 1 c according to the learned counsel he has not recorded proper satisfaction for initiation ..... behalf of the assessee that she did not understand the implications of the provisions of section 271 1 c is not acceptable according to the learned departmental representative what the authorised officer .....

Jamnadas T. Mehta Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2002)81ITD103(Pune.)

..... substantiate his claim that the orders passed by the ao dropping the penalty proceedings under section 271 1 c were erroneous and prejudicial to the interest of revenue the learned counsel drew ..... the assessee vide orders dt 26th march 1991 while completing such assessments penalty proceedings under section 271 l c were initiated for all the years 8 in the course of reassessment proceedings .....

Gulabrai V. Gandhi Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2003)84ITD370(Mum.)

..... law the learned commissioner appeals erred in directing the assessing officer to levy penalty under section 271 1 c only with reference to seized assets the learned commissioner appeals has not appreciated ..... that deeming provisions of explanation 5 to section 271 1 c are not satisfied and penalty is leviable on entire concealed income of rs .....

Dr. T.P. Kulkarni Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2003)86ITD696(Mum.)

..... the assessee filed the revised returns after the detection of unaccounted income therefore proceedings under section 271 1 c were initiated by issuing show cause notices to the assessee in response to ..... from penalty thus the tribunal was perfectly justified in upholding the levy of penalty under section 271 1 c the contention of the learned counsel that the books maintained means the commercial .....

Smt. Mrudulaben B. Patel Vs. Asst. Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2003)85ITD463(Ahd.)

..... the assessment order it was contended that the assessing officer has directed issue notice under section 271 1 c according to the learned counsel he has not recorded proper satisfaction for ..... behalf of the assessee that she did not understand the implications of the provisions of section 271 1 c is not acceptable according to the learned departmental representative what the authorised officer .....

Kumar Agencies (India) Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2004)265ITR57(Mum.)

..... as pointed out earlier the assessing officer levied penalty under section 271 1 c involving huge amounts for a very large number ..... assessee to be discharged during the course of penalty proceedings under section 271 1 c and to establish that the additional income as ..... appeals was justified in upholding the orders of penalty under section 271 1 c made by the assessing officer for the assessment .....

Deputy Commissioner of Income Tax Vs. Mahendra Gupta and Golden

Court: Income Tax Appellate Tribunal ITAT Delhi

..... representative on the issue that no penalty can be imposed under section 271 1 c of the it act but while framing assessment held the ..... as far as the immunity granted under the expln 5 to section 271 1 c of the it act is concerned that immunity is confined ..... to the penalty proceedings only as contemplated under section 271 1 c but this immunity does not prohibit the revenue from .....

Assistant Commissioner of Income Vs. Delhi Industrial Syndicate

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2002)83ITD130(Delhi)

..... department against the orders of cit a who cancelled penalties under sections 271 1 c 271 1 a and 273 1 a of the it act relating to ..... ao issued notices on 14th march 1991 in regard to penalty under sections 271 1 c 271 1 a 273 and 272a and in response to these notices ..... notices were issued to the assessee on 14th march 1991 under sections 271 1 c 271 1 a 273 and 272a of the it act and the assessee .....

income-tax Officer Vs. R.K. Bros.

Court: Income Tax Appellate Tribunal ITAT Allahabad

Reported in: (2003)87ITD649(All.)

..... the case of the assessee before the tribunal explanation to section 271 1 c and provisions of section 271 1 c are reproduced below section 271 1 if the assessing officer or the commissioner appeals in ..... the revised return filed on 12 3 1994 the assessing officer initiated penalty proceedings under section 271 1 c during the course of assessment proceedings 3 the assessing officer issued notice under .....

Dhanji R. Zalte Vs. the Asstt. C.i.T.

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2004)451ITD88(Pune.)

..... ss accordingly what the assessee repaid were loans and not deposits and therefore provisions of section 271 e are not applicable thus the initiative in depositing money comes usually from the depositor ..... assessee repaid loans and not deposits and therefore question of invoking provisions of section 271 e for contravention of section 269 t does not arise accordingly we uphold the orders of the cit .....