![ITAT Quashes Tata’s Penalty Notice u/s 271(1)(c) Due to AOs Vague Justification & Non-Application of Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Penalty-Notice-TATA-Quashes-Penalty-Notice-Vague-Justification-Assessinf-Officer-Taxscan.jpg "ITAT Quashes Tata’s Penalty Notice u/s 271(1)(c) Due to AOs Vague Justification & Non-Application of Mind [Read Order]")
ITAT Quashes Tata’s Penalty Notice u/s 271(1)(c) Due to AO's Vague Justification & Non-Application of Mind [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) quashed Tata Teleservice Penalty Notice Due to Assessing Officer ( AO )’s vague...
![Notice for penalty u/s 274Â of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Notice-penalty-Income-Tax-Act-proceedings-inaccurate-income-Concealment-Income-ITAT-Penalty-TAXSCAN.jpg "Notice for penalty u/s 274Â of Income Tax Act proceedings is initiated against inaccurate particulars of income not for Concealment of Income: ITAT deletes Penalty 9 [ Read Order]")
![No Penalty under Income Tax Act in Absence of Concealment of Income: Delhi HC upholds Order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Penalty-under-Income-Tax-Act-Penalty-Absence-of-Concealment-of-Income-Delhi-Highcourt-Order-of-ITAT-taxscan.jpg "No Penalty under Income Tax Act in Absence of Concealment of Income: Delhi HC upholds Order of ITAT [Read Order]")
![Notice issued u/s 148 on Ground of Concealment of Income: Kerala HC grants one month To File ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Notice-issued-Ground-Concealment-Income-Kerala-HC-grants-File-ITR-taxscan.jpg "Notice issued u/s 148 on Ground of Concealment of Income: Kerala HC grants one month To File ITR [Read Order]")
![Bonafide Mistake in Computing Income Tax is not Furnishing Inaccurate Particulars or Concealment of Income : ITAT Deletes Penalty u/s 271(1)(c) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Bonafide-Mistake-Computing-Income-Tax-Furnishing-Inaccurate-Particulars-Concealment-of-Income-ITAT-Deletes-Penalty-Income-Tax-Act-taxscan.jpg "Bonafide Mistake in Computing Income Tax is not Furnishing Inaccurate Particulars or Concealment of Income : ITAT Deletes Penalty u/s 271(1)(c) of Income Tax Act [Read Order]")
No Concealment of Income or Furnishing of Inaccurate Particulars: ITAT upholds Deletion of Penalty u/s 271(1)(c) [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that no penalty could be imposed under section 271(1)(c) as no concealment of income or furnishing of inaccurate particulars was done...
![No Concealment of Income or Furnishing of Inaccurate Particulars: ITAT upholds Deletion of Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-Concealment-of-Income-or-Furnishing-of-Inaccurate-Particulars-Income-Inaccurate-Particulars-ITAT-Penalty-taxscan.jpg "No Concealment of Income or Furnishing of Inaccurate Particulars: ITAT upholds Deletion of Penalty u/s 271(1)(c) [Read Order]")
No Concealment of Particulars and Filing of Inaccurate Particulars of Income: ITAT deletes Penalty u/s Section 271(1)(c) of Income Tax Act [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has deleted the penalty under Section 27(1)(C) of the Income Tax Act, 1961 as there was no concealment of particulars and filing of...
![No Concealment of Particulars and Filing of Inaccurate Particulars of Income: ITAT deletes Penalty u/s Section 271(1)(c) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Concealment-Inaccurate-Particulars-of-Income-Particulars-of-Income-ITAT-deletes-Penalty-ITAT-Penalty-Income-Tax-Act-taxscan.jpg "No Concealment of Particulars and Filing of Inaccurate Particulars of Income: ITAT deletes Penalty u/s Section 271(1)(c) of Income Tax Act [Read Order]")
Incorrect Claim of Deduction or Expenses Made in ITR does not Amount to Concealment of Income or Furnishing Inaccurate Particulars: ITAT sets aside NFAC Order [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that rejection of incorrect claim of deduction or expense made in the ITR, do not ispo facto tantamount to concealment of income or...
![Incorrect Claim of Deduction or Expenses Made in ITR does not Amount to Concealment of Income or Furnishing Inaccurate Particulars: ITAT sets aside NFAC Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Incorrect-Claim-Incorrect-Claim-of-Deduction-Incorrect-Claim-Deduction-Expenses-taxscan.jpg "Incorrect Claim of Deduction or Expenses Made in ITR does not Amount to Concealment of Income or Furnishing Inaccurate Particulars: ITAT sets aside NFAC Order [Read Order]")
Change of opinion & Change in Method of Accounting by assessee not Deemed Concealment of income: ITAT upholds Deletion of Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has upheld the deletion of penalty under Section 271(l)(c) of the Income Tax Act, 1961 stating that a change of opinion of assessee or a change in...
![Change of opinion & Change in Method of Accounting by assessee not Deemed Concealment of income: ITAT upholds Deletion of Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Change-in-Method-of-Accounting-by-assessee-Deemed-Concealment-of-income-Concealment-of-income-ITAT-upholds-Deletion-of-Penalty-Deletion-of-Penalty-taxscan.jpg "Change of opinion & Change in Method of Accounting by assessee not Deemed Concealment of income: ITAT upholds Deletion of Penalty [Read Order]")
Foundation for Levy of Penalty is on Addition made of Concealment of Income, No Penalty u/s 271(1)(c) imposable in the Absence of Addition: ITAT [Read Order]
Foundation for levy of penalty is on addition made of concealment of income, the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that no penalty u/s 271(1)(c) of the Income Tax...
![Foundation for Levy of Penalty is on Addition made of Concealment of Income, No Penalty u/s 271(1)(c) imposable in the Absence of Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Addition-Concealment-Income-Penalty-ITAT-TAXSCAN.jpg "Foundation for Levy of Penalty is on Addition made of Concealment of Income, No Penalty u/s 271(1)(c) imposable in the Absence of Addition: ITAT [Read Order]")
Concealment of Income by not filing Income Tax Return is an Offence: Madras HC upholds Criminal Proceedings [Read Order]
The Madras High Court has held that the act of deliberate concealment of income by the assessee by not filing the income tax return is an offence and therefore, upheld the criminal proceedings. ...
![Concealment of Income by not filing Income Tax Return is an Offence: Madras HC upholds Criminal Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Concealment-of-Income-Income-Tax-Return-Madras-HC-Criminal-Proceedings-Taxscan.jpg "Concealment of Income by not filing Income Tax Return is an Offence: Madras HC upholds Criminal Proceedings [Read Order]")
