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![ITAT Confirms Penalty Order passed on the Basis of Alleged Undisclosed HSBC Bank Account in Switzerland [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/HSBC-Bank-Account.jpg "ITAT Confirms Penalty Order passed on the Basis of Alleged Undisclosed HSBC Bank Account in Switzerland [Read Order]")
ITAT Confirms Penalty Order passed on the Basis of Alleged Undisclosed HSBC Bank Account in Switzerland [Read Order]
The ITAT Delhi recently confirmed an order penalty passed under section 271(1)(a) of the Income Tax Act passed on the basis of Information about...
![Partners of a Firm are bound to Explain the Source of Gift received by their Minor Children: Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Gift-Taxscan.jpg "Partners of a Firm are bound to Explain the Source of Gift received by their Minor Children: Allahabad HC [Read Judgment]")
![Penalty Proceedings are Void if the notice was issued by the AO without Application of Mind: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Penalty Proceedings are Void if the notice was issued by the AO without Application of Mind: ITAT Mumbai [Read Order]")
![Penalty cannot be Levied where the Assessee has relied on Legal Opinion of a Professional and there is No Tax Impact: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Punjab-and-Haryana-High-Court-Tax-Scan.jpg "Penalty cannot be Levied where the Assessee has relied on Legal Opinion of a Professional and there is No Tax Impact: Punjab & Haryana HC [Read Judgment]")
![Mere Disallowance of Claim u/s 80-IA of the Income Tax Act would not attract Penalty: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Mere Disallowance of Claim u/s 80-IA of the Income Tax Act would not attract Penalty: ITAT Hyderabad [Read Order]")