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Penalty u/s 271(1)(c) not leviable when Revised computation filed to correct the Bonafide Mistake committedin furnishing inaccurate amount of Capital Gain: ITAT
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that Penalty u/s 271(1)(c) was not leviable when the Revised computation was...
![Change in Method of Treating Income would lead to Double Taxation if the Sales Consideration amount was Taxed once: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/double-taxation-sales-consideration-amount-ITAT-taxscan.jpeg "Change in Method of Treating Income would lead to Double Taxation if the Sales Consideration amount was Taxed once: ITAT [Read Order]")
![Transfer Pricing Adjustments not applicable to Interest Free Loans and Advances by Assessee to AE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Transfer-Pricing-Adjustments-Interest-Free-Loans-Advances-by-Assessee-AE-ITAT.jpg "Transfer Pricing Adjustments not applicable to Interest Free Loans and Advances by Assessee to AE: ITAT [Read Order]")