penalty u/s 270A

  • Income Tax

Penalty u/s 270A can not be levied for additions made on estimation basis

Penalty u/s 270A can not be levied for additions made on estimation basis. Penalty on the basis of findings in…

3 months ago
  • Income Tax

CIT(A) has no jurisdiction to allow or reject claim of immunity from penalty u/s 270AA – ITAT

CIT(A) has no jurisdiction to allow or reject claim of immunity from penalty u/s 270AA - ITAT In an important…

10 months ago
  • Income Tax

Merely accepting disallowance does not mean assessee under reported income u/s 270A

Merely because assessee accepted disallowance made by Assessing Officer, it cannot automatically lead to conclusion that assessee under reported income…

12 months ago
  • Income Tax

Penalty u/s 270A can not be imposed without first disposing application for immunity

Penalty u/s 270A can not be imposed without first disposing application in Form No. 68 for immunity from penalty ABCAUS…

1 year ago