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![Income Tax Penalty on alleged Cash Loan based on Loose Papers: ITAT quashes Order against Deceased Assessee since Authenticity of Transaction can’t be Vouched [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-Penalty-income-tax-Penalty-Cash-Loan-Loose-Papers-ITAT-quashes-Order-Deceased-Assessee-Authenticity-Transaction-Taxscan.jpg "Income Tax Penalty on alleged Cash Loan based on Loose Papers: ITAT quashes Order against Deceased Assessee since Authenticity of Transaction can’t be Vouched [Read Order]")
Income Tax Penalty on alleged Cash Loan based on Loose Papers: ITAT quashes Order against Deceased Assessee since Authenticity of Transaction can’t be Vouched [Read Order]
The Delhi bench of the ITAT has quashed a penalty order whereby the income tax authorities imposed a penalty under section 271D of the Income Tax...
![Setback to DLF Universal: ITAT upholds Disallowance as AO not satisfied with Correctness of Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/DLF-Universal-ITAT-disallowance-AO-Taxscan.jpg "Setback to DLF Universal: ITAT upholds Disallowance as AO not satisfied with Correctness of Claim [Read Order]")