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![No Income Tax Penalty Leviable u/s 271FA without Reportable Transactions: ITAT [Read Order] No Income Tax Penalty Leviable u/s 271FA without Reportable Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/No-Income-Tax-Penalty-Income-Tax-Penalty-Transactions-ITAT-taxscann.jpg)
No Income Tax Penalty Leviable u/s 271FA without Reportable Transactions: ITAT [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that no Income Tax Penalty can be levied under Section 271FA of...