Begin typing your search above and press return to search.
![No Penalty merely on basis of Admission during Search without Incriminating Materials: ITAT [Read Order] No Penalty merely on basis of Admission during Search without Incriminating Materials: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-9-2.jpg)
No Penalty merely on basis of Admission during Search without Incriminating Materials: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty under section 271(c)(1) of the Income Tax Act cannot be made...



![Audi Alteram Partem Concept is a must for Tax Proceedings: ITAT [Read Order] Audi Alteram Partem Concept is a must for Tax Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-9-1.jpg)
![Genuineness of Share Application Money can’t be suspected without Proper Inquiry: ITAT [Read Order] Genuineness of Share Application Money can’t be suspected without Proper Inquiry: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-7-5.jpg)
![Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order] Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg)
![Same Income cannot be Taxed in Two Assessment Years Simultaneously as per the Scheme of Taxation: ITAT [Read Order] Same Income cannot be Taxed in Two Assessment Years Simultaneously as per the Scheme of Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Cancer-Treatment-ITAT-Taxscan.jpg)

![Sec 50C can’t be invoked on Brokerage Costs incurred on Sale Consideration by Purchaser: ITAT [Read Order] Sec 50C can’t be invoked on Brokerage Costs incurred on Sale Consideration by Purchaser: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Brokkerage-Taxscan.jpg)
![Penalty can’t be levied on Retrospective Amendment: ITAT [Read Order] Penalty can’t be levied on Retrospective Amendment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/06/ITAT-Penalty-Retrospective-Amendment-Taxscan.jpg)
![Purchase of Land before Sale of Capital Asset ineligible for Income Tax Deduction: ITAT [Read Order] Purchase of Land before Sale of Capital Asset ineligible for Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/Capital-Asset-ITAT-Taxscan.jpg)
![Deduction for Leave Travel Concession not available to Bank Employees on Foreign Travels: ITAT [Read Order] Deduction for Leave Travel Concession not available to Bank Employees on Foreign Travels: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/NRI-Deduction-Taxscan.jpg)
![ITAT disallows Fake Claim for Deduction as Rent paid to Mother was an afterthought [Read Order] ITAT disallows Fake Claim for Deduction as Rent paid to Mother was an afterthought [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Rent-Taxscan.jpg)
![ITAT confirms Addition Since Land was Non-Agricultural at the Time of Sale [Read Order] ITAT confirms Addition Since Land was Non-Agricultural at the Time of Sale [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Tax-Exemption-Agricultural-Land-Taxscan.jpg)