Begin typing your search above and press return to search.
![No Penalty for Bonafide Mistakes in Income Tax Return filed without Assistance of Tax Consultant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Penalty-Mistakes-Income-Tax-Return-Tax-Consultant-ITAT-TAXSCAN.jpg "No Penalty for Bonafide Mistakes in Income Tax Return filed without Assistance of Tax Consultant: ITAT [Read Order]")
No Penalty for Bonafide Mistakes in Income Tax Return filed without Assistance of Tax Consultant: ITAT [Read Order]
In Virtual mode, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that penalty is not demandable for bonafide mistakes in...
![No Violation of S. 40A(3) of Income Tax Act as No Payment of Cash for making Purchases Exceeding the Prescribed Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/violation-Payment-Cash-Purchases-Exceeding-ITAT-Revisional-Order-TAXSCAN.jpeg "No Violation of S. 40A(3) of Income Tax Act as No Payment of Cash for making Purchases Exceeding the Prescribed Limit: ITAT [Read Order]")
![MAT Credit of Transferee Company can be carried forward and set off against Tax Liability of Amalgamated Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/MAT-Credit-Transferee-Company-Tax-Liability-ITAT-TAXSCAN.jpeg "MAT Credit of Transferee Company can be carried forward and set off against Tax Liability of Amalgamated Company: ITAT [Read Order]")
![No Penalty when Income of Assessee is determined on an Estimate Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "No Penalty when Income of Assessee is determined on an Estimate Basis: ITAT [Read Order]")