![Penalty Imposed u/s 271(1)(c) of IT Act for Commission Payment without Proper Hearing: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-imposed-IT-Act-Penalty-commission-payment-without-proper-hearing-commission-payment-ITAT-directs-re-adjudication-taxscan.jpg "Penalty Imposed u/s 271(1)(c) of IT Act for Commission Payment without Proper Hearing: ITAT directs Re-adjudication [Read Order]")
Penalty Imposed u/s 271(1)(c) of IT Act for Commission Payment without Proper Hearing: ITAT directs Re-adjudication [Read Order]
The Jaipur bench of Income Tax Appellate Tribunal (ITAT) directed the matter back to the assessing officer for re-adjudication for penalty imposed...
![Provision of Section 269SS/269T of IT Act not applicable if AO found no Explanation Regarding Source of Cash Loans during Search Proceedings: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/IT-Act-not-applicable-IT-Act-Cash-Loans-Loan-source-of-Cash-Loans-during-search-proceedings-ITAT-deletes-penalty-ITAT-penalty-taxscan.jpg "Provision of Section 269SS/269T of IT Act not applicable if AO found no Explanation Regarding Source of Cash Loans during Search Proceedings: ITAT deletes Penalty [Read Order]")
![Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-Inaccurate-Particulars-of-Income-are-Furnished-by-the-Assessee-ITAT-TAXSCAN.jpg "Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]")
Non Service Tax Registration Due to Bonafide Belief of Exemption: CESTAT reduces Penalty u/s 77(1)(a) of Finance Act [Read Order]
The Chennai Bench of Customs, Excise And Service Tax Appellate Tribunal (CESTAT) held that the penalty imposed under section 77(1)(a) of the Finance Act 1994 for non registration of service tax due...
![Non Service Tax Registration Due to Bonafide Belief of Exemption: CESTAT reduces Penalty u/s 77(1)(a) of Finance Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Non-Service-Tax-Registration-Service-Tax-Registration-Service-Tax-CESTAT-reduces-Penalty-CESTAT-Penalty-Finance-Act-taxscan.jpg "Non Service Tax Registration Due to Bonafide Belief of Exemption: CESTAT reduces Penalty u/s 77(1)(a) of Finance Act [Read Order]")
NLU not conducting 'Business', exists solely for Legal Educational Purposes: ITAT quashes Penalty for Failure to Audit [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has recently quashed the penalty demanded failure to audit the National Law University (NLU) under Section 271B of the Income Tax Act,...
![NLU not conducting Business, exists solely for Legal Educational Purposes: ITAT quashes Penalty for Failure to Audit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/NLU-ITAT-quashes-Penalty-for-Failure-to-Audit-Business-Legal-Educational-Purposes-ITAT-Penalty-Taxscan.jpg "NLU not conducting Business, exists solely for Legal Educational Purposes: ITAT quashes Penalty for Failure to Audit [Read Order]")
Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, held that penalty under Section 271(1)(c) of the Income Tax Act is not leviable when no...
![Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Inaccurate-Particulars-of-Income-Inaccurate-Particulars-of-Income-are-Furnished-by-the-Assessee-Income-ITAT-taxscan.jpg "Penalty u/s 271(1)(c) not Leviable When no Inaccurate Particulars of Income are Furnished by the Assessee: ITAT [Read Order]")
![No Penalty u/s 271D if Reasonable Cause shown by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Reasonable-Cause-shown-by-Assessee-ITAT-Assessee-Reasonable-Cause-Taxscan.jpg "No Penalty u/s 271D if Reasonable Cause shown by Assessee: ITAT [Read Order]")
Cash Payment of Defaulted EMI Instalment to Financier after Cheque Bounce is “Reasonable Cause”: ITAT deletes Penalty u/s 273B [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the penalty imposed under Section 273B of the Income Tax Act holding that the cash payment of defaulted EMI instalment to...
![Cash Payment of Defaulted EMI Instalment to Financier after Cheque Bounce is “Reasonable Cause”: ITAT deletes Penalty u/s 273B [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cash-Payment-of-Defaulted-EMI-Instalment-to-Financier-Cheque-Bounce-is-Reasonable-Cause-ITAT-deletes-Penalty-us-273B-TAXSCAN.jpg "Cash Payment of Defaulted EMI Instalment to Financier after Cheque Bounce is “Reasonable Cause”: ITAT deletes Penalty u/s 273B [Read Order]")
ITAT deletes Penalty u/s 271(1)(c) for Unfair Representation During Liquidation Process [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently deleted the penalty under Section 271(1)(c) of the Income Tax Act, considering the unfair representation of the assessee during...
![ITAT deletes Penalty u/s 271(1)(c) for Unfair Representation During Liquidation Process [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Penalty-us-2711c-Unfair-Representation-During-Liquidation-Process-TAXSCAN.jpg "ITAT deletes Penalty u/s 271(1)(c) for Unfair Representation During Liquidation Process [Read Order]")