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…
Concealment Penalty cannot be levied on rejection of a bonafide claim. Even assessee with great expertise could make silly mistake…
Penalty proceedings initiated on one limb and penalty imposed on two limbs invalid ABCAUS Case Law Citation:ABCAUS 3336 (2020)…
No Penalty u/s 271(1)(c) merely due to quantum addition without making fresh verification during penalty proceedings ABCAUS Case Law Citation:ABCAUS…
No Penalty u/s 271(1)(c) on cancellation of automatic deduction u/s 24(a) on wrong classification of income under house property than…
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…
Concealment penalty deleted as assessee was not habitual defaulter, made surrender only to buy peace and did not contest the…