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Penalty Under Section 271(1)(c) Cannot Be Decided Before Quantum Appeal: ITAT Allahabad in Dinesh Kumar Pahuja vs ACIT
Facts of the CaseThe
assessee, Shri Dinesh Kumar Pahuja, filed two appeals for Assessment Years
2008-09 and 2009-10 against separate appellate orders passed by the
Commissioner of Income Tax (Appeals). The assessments...
Ex-Parte Order Without Speaking Reasons Violates Section 250(6): ITAT Allahabad Sets Aside CIT(A) Order in Ajay Kumar vs ITO
Facts of the CaseThe
assessee, Shri Ajay Kumar, is an individual engaged in the business of trading
in Dal and Dalhan as proprietor of M/s Raj Kumar and Co. Regular books of
account were maintained and duly audited. F...
Interest and Penalty Paid for Delay in Statutory Tax Compliance Not Allowable as Business Expenditure: ITAT Allahabad in Career Coaching (Alld) Pvt. Ltd. v. DCIT/ACIT
Facts of the CaseThe assessee company is engaged in running an educational institution and organizing coaching classes for competitive examinations and higher education programmes. The assessee filed its return of income...
Addition for Cash Deposits Set Aside Where Opportunity Was Denied and CBDT Instruction Ignored: ITAT Allahabad in Shreesh Kumar Tripathi v. ITO
Facts of the CaseThe Assessing Officer
received information that the assessee had deposited ₹14,94,000 in his bank
account. Since no return of income was filed, a notice under Section 142(1) of
the Income-tax Act, 1...
Ex Parte Estimation of Income and Section 69A Addition Set Aside for Fresh Examination: ITAT Allahabad in Shankar Lal Jaiswal v. ITO
Facts of the CaseThe assessee, engaged in
the business of cement and paints under the name M/s A.K. Enterprises, did not
file a return of income for the assessment year 2017-18. Information was
received by the Departm...
Addition under Section 69A for Cash Deposits Set Aside Where Non-Compliance Was Due to Counsel’s Death: ITAT Allahabad in Gajendra Kumar v. ITO
Facts of the CaseThe assessee, an
individual engaged in trading of machinery parts and agricultural equipment,
did not file a return of income for the assessment year 2017-18 as his income
was stated to be below the t...
Cash Deposits Explained by School Fee Collections and Agricultural Income Cannot Be Added on Suspicion: ITAT Allahabad in Sudhir Kumar Sharma v. ITO
Facts of the CaseThe assessee filed his
return of income declaring total income of ₹1,59,280. The assessment was
completed under Sections 147/143(3) of the Income-tax Act, 1961, determining
total income at ₹27,18,...
Additions on Account of Shortage of Stock, Disallowance of Salary, and Unsecured Loan Sustained: ITAT Allahabad in M/s Mool Raj Vijay Kumar v. DCIT (Central Circle)
Facts of the CaseThe assessee, a
partnership firm engaged in trading activities, filed its return of income for
the assessment year 2018-19 declaring total income of ₹6,51,629. The assessment
was completed under Sec...
Ex-Parte Order of CIT(A) Set Aside for Violation of Section 250(6) of the Income-tax Act: ITAT Allahabad in Achchhe Lal Yadav (Deceased) L/H Amar Singh Yadav v. ITO
Facts of the CaseThe assessee had not
filed the return of income for the relevant assessment year. The Assessing
Officer completed the assessment by making various additions and determined the
total income at ₹13,02...
Ex-Parte Order of CIT(A) Set Aside for Violation of Section 250(6) of the Income-tax Act: ITAT Allahabad in Achchhe Lal Yadav (Deceased) L/H Amar Singh Yadav v. ITO
Facts of the CaseThe assessee had not
filed the return of income for the relevant assessment year. The Assessing
Officer completed the assessment by making various additions and determined the
total income at ₹13,02...