Non-specific penalty notice u/s 271(1)(c) issued by assessing officer violates mandatory requirement of law and doctrine of prejudice cannot be…
Surrender of income due to recovery of documents during survey can not be said to be voluntarily. ITAT upheld penalty…
Non striking of applicable limb of penalty clause u/s 271(1)(c) in notice-Supreme Court dismisses SLP of the Income Tax Department…
No concealment when all information available for determining income given voluntarily by assessee either in return or at the time…
Law does not debar assessee from making a claim which he believes is plausible and knowing that it will be…
Penalty u/s 271(1)(c) upheld despite notice without striking off the not applicable charge as in penalty order AO specified the…
Penalty proceedings initiated on one limb and penalty imposed on two limbs invalid ABCAUS Case Law Citation:ABCAUS 3336 (2020)…
Reversal of earlier order by ITAT based on judgment of non jurisdictional High Court. Question kept open though SLP dismissed…
Penalty notice u/s 271AAB without specifying at what percentage the penalty will be levied makes it defective and invalid and…
Non striking of applicable limb of penalty u/s 271(1)(c) in notice. ITAT permits restoration of appeal if issue is decided…