Application of correct limb of penalty u/s 271(1)(c) is a question of fact and not a question of law. ITAT…
No Penalty u/s 271(1)(c) for mere disallowance in quantum proceedings in the absence of any falsity in the explanation offered…
Revision u/s 263 upheld as AO failed to initiate penalty proceedings u/s 271(1)(c) where assessee increased income in revised return…
Concealment penalty on filing revised return after enquiry by Investigation Wing deleted as revised return was within the stipulated period…
Penalty u/s 271(1)(c) confirmed despite non specifying charge in the notice as assessee not raised it before CIT(A) and changed…
Revision u/s 263 ordered for dropping penalty proceedings u/s 271(1)(c) set aside as AO took a view by adopting a…
On statutory disallowances u/s 40(a)(ia) 40A(3) there cannot be any penalty u/s 271(1)(c) especially when assessee not claimed deduction of…
Penalty u/s 271(1)(c) deleted as addition for bogus purchases was based on estimation and assesee’s conduct was not found contumacious…
Penalty u/s 271(1)(c) on account of deemed dividend addition u/s 2(22)(e) deleted. Penalty cannot be imposed in a debatable issue…
Delay condoned as assessee filed a single appeal against two penalty orders and later realized that a single appeal against…