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![ITAT directs Deletion of Rs.54L Income Tax Penalty u/s 274 r/w 270A observing No Specific Mention of Clause Invoked u/s270A [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Chennai-income-tax-income-tax-news-Taxscan.jpg "ITAT directs Deletion of Rs.54L Income Tax Penalty u/s 274 r/w 270A observing No Specific Mention of Clause Invoked u/s270A [Read Order]")
ITAT directs Deletion of Rs.54L Income Tax Penalty u/s 274 r/w 270A observing No Specific Mention of Clause Invoked u/s270A [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) while adjudicating an appeal regarding concealment of Long Term Capital Gains (LTCG),...
![ITAT allows Liquor, Buffet Dinner and Govt Taxes to DLF Resort expenses as Business Promotion Expenses u/s 37(1) [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/250x150_2041080-itat-income-tax-appellate-tribunal-income-tax-news-taxnews.webp "ITAT allows Liquor, Buffet Dinner and Govt Taxes to DLF Resort expenses as Business Promotion Expenses u/s 37(1) [Read Order]")
