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![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]")
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...
![Difference in Perception of Viewing Transaction not Amount to Furnishing of Inaccurate Particulars: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Difference-Perception-Viewing-Transaction-Amount-Furnishing-Inaccurate-Particulars-ITAT-Penalty-taxscan.jpg "Difference in Perception of Viewing Transaction not Amount to Furnishing of Inaccurate Particulars: ITAT deletes Penalty [Read Order]")
![Penalty u/s 271 can’t be invoked in absence of relevant record on inaccurate particulars: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Penalty-relevant-record-inaccurate-particulars-ITAT-Taxscan.jpg "Penalty u/s 271 can’t be invoked in absence of relevant record on inaccurate particulars: ITAT [Read Order]")
![Mere making of Unsustainable Claim doesn’t amount to Furnishing Inaccurate particulars on Income: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/inaccurate-particulars-Income-ITAT-Penalty-Taxscan.jpg "Mere making of Unsustainable Claim doesn’t amount to Furnishing Inaccurate particulars on Income: ITAT deletes Penalty [Read Order]")