![Stay Application Pending against Penalty u/s 147 of Income Tax Ac: Kerala HC stays Recovery Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Stay-Application-Pending-Penalty-Income-Tax-Act-Kerala-HC-stays-Recovery-Proceedings-TAXSCAN.jpg "Stay Application Pending against Penalty u/s 147 of Income Tax Ac: Kerala HC stays Recovery Proceedings [Read Order]")
Stay Application Pending against Penalty u/s 147 of Income Tax Ac: Kerala HC stays Recovery Proceedings [Read Order]
A Single bench of Kerala High Court has Stayed recovery proceedings while disposing the stay application pending gainst the penalty levied under...
![CESTAT Set asides Penalty for Confiscation of Iron or Non-alloy steel on ground of Non-violation of Advance License under Customs notification [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Decoding-Startups-Pitch-Decks-Tax-Benefits-and-Opportunities-for-Professionals-TAXSCAN.jpg "CESTAT Set asides Penalty for Confiscation of Iron or Non-alloy steel on ground of Non-violation of Advance License under Customs notification [Read Order]")
![Expense on account of Interest on Margin facility and late Payment to Brokers, Not in Nature of Penalty: ITAT allows Disallowance u/s 37(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Expense-Interest-Expense-on-account-of-Interest-Expense-on-account-of-Interest-on-Margin-facility-ITAT-taxscan.jpg "Expense on account of Interest on Margin facility and late Payment to Brokers, Not in Nature of Penalty: ITAT allows Disallowance u/s 37(1) [Read Order]")
![Supreme Court modifies CESTAT Order, Sets aside Penalty to the Extent of Rs. 25 Lakhs Imposed on Resort Directors [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Supreme-Court-modifies-CESTAT-Order-Penalty-to-the-Extent-Imposed-on-Resort-Directors-TAXSCAN.jpg "Supreme Court modifies CESTAT Order, Sets aside Penalty to the Extent of Rs. 25 Lakhs Imposed on Resort Directors [Read Judgement]")
Penalty Imposed by AO u/s 271(1)(b)Â Income Tax Act for Non- Compliance to Notices issued during Assessment is within the Limitation Period: ITAT Dismisses Appeal [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal (ITAT) held that the penalty imposed by Assessing Officer (AO) during assessment proceeding under Section 271 of Income Tax Act,1961 is within the...
![Penalty Imposed by AO u/s 271(1)(b)Â Income Tax Act for Non- Compliance to Notices issued during Assessment is within the Limitation Period: ITAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Penalty-Imposed-by-AO-Income-Tax-Act-for-Non-Compliance-to-Notices-issued-Assessment-Limitation-Period-ITAT-Dismisses-Appeal-TAXSCAN.jpg "Penalty Imposed by AO u/s 271(1)(b)Â Income Tax Act for Non- Compliance to Notices issued during Assessment is within the Limitation Period: ITAT Dismisses Appeal [Read Order]")
CESTAT Directs Re-computation of Penalty for Non-payment of Service Tax prior to period 08.04.2011 in Accordance with Section 78(1) of Finance Act [Read Order]
The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) directed re-computation of the penalty which was imposed on the assessee for non-payment of service tax before...
![CESTAT Directs Re-computation of Penalty for Non-payment of Service Tax prior to period 08.04.2011 in Accordance with Section 78(1) of Finance Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Dismissal-of-registration-Income-Tax-Act-absence-of-assessee-to-determine-genuineness-charitable-trust-ITAT-restores-matter-to-CITE-ITAT-re-adjudication-taxscan.jpg "CESTAT Directs Re-computation of Penalty for Non-payment of Service Tax prior to period 08.04.2011 in Accordance with Section 78(1) of Finance Act [Read Order]")
Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that voluntary deposit of tax should not be considered as admission of guilt before receiving notice under Section 148 of the Income...
![Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Voluntary-Deposit-of-tax-considered-as-Admission-of-Guilt-before-receiving-notice-Income-Tax-Act-ITAT-deletes-penalty-I.T.Act-TAXSCAN.jpg "Voluntary Deposit of tax shall not be considered as Admission of Guilt before receiving notice u/s 148 of Income Tax Act: ITAT deletes penalty u/s 271 (1) (c) I.T. Act [Read Order]")
ITAT Imposes Penalty on Assessee for Violating Section 269SS with Cash Transactions Exceeding Rs.20,000 [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that the assessee not having any reasonable cause for accepting the consideration, which is more than Rs.20,000/- by way of cash...
![ITAT Imposes Penalty on Assessee for Violating Section 269SS with Cash Transactions Exceeding Rs.20,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-Penalty-Assessee-Violating-Cash-Transactions-Exceeding-taxscan.jpg "ITAT Imposes Penalty on Assessee for Violating Section 269SS with Cash Transactions Exceeding Rs.20,000 [Read Order]")
Service Tax Leviable on Any Undertakes Technical, Inspection and Certification service which Is Not Sovereign Function : CESTAT [Read Order]
The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that any undertakes technical, inspection, and certification services which was not a statutory or...
![Service Tax Leviable on Any Undertakes Technical, Inspection and Certification service which Is Not Sovereign Function : CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Service-Tax-Inspection-Certification-service-Service-Tax-Leviable-on-Any-Undertakes-Technical-CESTAT-taxscan.jpg "Service Tax Leviable on Any Undertakes Technical, Inspection and Certification service which Is Not Sovereign Function : CESTAT [Read Order]")
Penalty order passed under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act without considering Reply of Assessee: Delhi HC sets aside Penalty Order
The Delhi High Court set aside the penalty order passed under Black Money (Undisclosed Foreign Income And Assets) And the Imposition of Tax Act without considering the reply of the assessee. ...
CESTAT upholds Penalty for Confiscation of 6kg Emirates Gold and Packing Machines on ground of Illicit Smuggling [Read Order]
The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the penalty imposed for the confiscation of 6kg Emirates gold and packing machines due to illicit...
![CESTAT upholds Penalty for Confiscation of 6kg Emirates Gold and Packing Machines on ground of Illicit Smuggling [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/CESTAT-Upholds-Penalty-Confiscation-Emirates-Gold-Packing-Machines-Illicit-Smuggling-taxscan.jpg "CESTAT upholds Penalty for Confiscation of 6kg Emirates Gold and Packing Machines on ground of Illicit Smuggling [Read Order]")