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![ITAT quashes levy of Penalty u/s 271(1)(c) of Income Tax Act on ground of Absence of Proper Opportunity of Hearing [Read Order] ITAT quashes levy of Penalty u/s 271(1)(c) of Income Tax Act on ground of Absence of Proper Opportunity of Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Penalty-Mumbai-bench-tax-news-Income-Tax-Act-taxscan.jpg)
ITAT quashes levy of Penalty u/s 271(1)(c) of Income Tax Act on ground of Absence of Proper Opportunity of Hearing [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) quashed the levy of penalty under section 271(1)(c ) of the Income Tax Act,1961 on the...


![PCIT has no Jurisdiction to Revise Assessment u/s 263 of the Income Tax Act When Assessment Order Attained Finality by Court Order: Madras HC [Read Order] PCIT has no Jurisdiction to Revise Assessment u/s 263 of the Income Tax Act When Assessment Order Attained Finality by Court Order: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Madras-High-Court-Assessment-Order-Court-Order-Jurisdiction-taxscan.jpg)
![Income from Sub-Letting Shop Rooms and Stalls are Assessable under the Head ‘Income from House Property’: SC [Read Judgment] Income from Sub-Letting Shop Rooms and Stalls are Assessable under the Head ‘Income from House Property’: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Sub-letting-1.jpg)