Penalty us 271(1)(c) if assessee agreed disallowance to buy peace. Merely because assessee agreed addition, he can not be saddled…
Penalty 271(1)(c) can not be imposed when High Court admits substantial question of law on quantum addition making apparent that…
Penalty us 2711c imposable on voluntary surrender-disclosure to avoid litigation and to buy peace of mind, as it does not…
Penalty 2711c - Pending Petition us 154 to be verified/disposed off first and penalty be dropped if the claim of…
No Penalty us 2711c for additions made on DVO report basis as the DVO report is just an opinion or…
Penalty 2711c Immunity Explanation5A for Belated Return u/s 139(4). Immunity available to assessee who has filed belated return of income…
Penalty 271(1)(c) quashed for non-malafide conduct to evade tax payment in the case of 68 years aged retired scientist not very much conversant with the…
Penalty u/s 271(1)(c) not imposable merely because quantum was decided against assessee by ITAT. The assessment proceedings and penalty proceedings are independent…
In a recent judgment, ITAT Delhi has stated that where High Court accepted substantial question of law u/s 260A, against the…
In a recent judgment, ITAT Delhi has set aside penalty u/s 271(1)(c) and remanded the matter to CIT(A) for mistake of assessee…