Claim of expenditure involved is not a case of concealment of income. ITAT deleted penalty u/s 271(1)(c) In a recent…
Notice u/s 148A(b) giving less than seven days time to submit response quashed In a recent judgment, the Hon'ble High…
Merely because assessee did not filed appeal against addition it cannot be a ground for imposing penalty - ITAT ABCAUS…
Once income suffered TDS it cannot be said to be undisclosed income - ITAT ABCAUS Case Law CitationABCAUS 3650 (2023)…
No concealment penalty for claiming capital expenditure as revenue when there is no conscious and deliberate attempt by assessee to…
Penalty u/s 271(1)(c) deleted as quantum addition was reduced significantly from 100% to 20% in respect of bogus purchases. In…
Non-specific penalty notice u/s 271(1)(c) issued by assessing officer violates mandatory requirement of law and doctrine of prejudice cannot be…
No Penalty u/s 271(1)(c) on filing revised return when no such questionnaire was issued with notice u/s 143(2) ABCAUS Case…
Some tax evasion sought by assessee is a necessary condition for imposition of penalty u/s 271(1)(c). What has to be…
Non striking of applicable limb of penalty clause u/s 271(1)(c) in notice-Supreme Court dismisses SLP of the Income Tax Department…