![Penalty u/s 271(1)(c) of Income Tax Act Not Leviable on Deletion of Quantum Addition by Tribunal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-Income-Tax-Act-Income-Tax-Deletion-of-Quantum-Addition-Quantum-Addition-Addition-Tribunal-ITAT-Taxscan.jpg "Penalty u/s 271(1)(c) of Income Tax Act Not Leviable on Deletion of Quantum Addition by Tribunal: ITAT [Read Order]")
Penalty u/s 271(1)(c) of Income Tax Act Not Leviable on Deletion of Quantum Addition by Tribunal: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the penalty under section 271(1)(c) of the Income Tax Act is not sustainable...
![No Penalty under CENVAT Credit Rules in Absence Demand of Excise Duty: CESTAT Rules in Favour of Ultra Tech Cement [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-CENVAT-Credit-CENVAT-Credit-Rules-Demand-Excise-Duty-CESTAT-CESTAT-Rules-Ultra-Tech-Cement-Customs-Excise-Service-Tax-Taxscan.jpg "No Penalty under CENVAT Credit Rules in Absence Demand of Excise Duty: CESTAT Rules in Favour of Ultra Tech Cement [Read Order]")
![Coffee Day and MACEL Scam: NFRA Debars Audit Firm and 4 Auditors, Imposes Penalty for Audit Lapses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Coffee-Day-MACEL-Scam-NFRA-Audit-Firm-Auditors-Penalty-Audit-Lapses-taxscan.jpg "Coffee Day and MACEL Scam: NFRA Debars Audit Firm and 4 Auditors, Imposes Penalty for Audit Lapses [Read Order]")
![Immigration Consultant Claims Refund of Service Tax Paid under Protest: CESTAT Allows 12% Interest on Delayed Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Immigration-Consultant-Claims-Refund-Service-Tax-Protest-CESTAT-Interest-Delayed-Refund-Customs-Excise-Taxscan.jpg "Immigration Consultant Claims Refund of Service Tax Paid under Protest: CESTAT Allows 12% Interest on Delayed Refund [Read Order]")
![Cenvat Credit under Rule 2 can be Availed by a Person who only Purchases Goods ‘Manufactured’ by Manufacturer: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Cenvat-Credit-Goods-Manufacturer-CESTAT-Customs-Excise-Service-Tax-Taxscan.jpg "Cenvat Credit under Rule 2 can be Availed by a Person who only Purchases Goods ‘Manufactured’ by Manufacturer: CESTAT [Read Order]")
CESTAT quashes Service Tax Demand on Training of Officers outside India by Foreign Agency [Read Order]
In a recent decision the Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed the service tax demand on training of officers outside India by foreign agency. ...
![CESTAT quashes Service Tax Demand on Training of Officers outside India by Foreign Agency [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/CESTAT-Ahmedabad-Service-Tax-Tax-Demand-Demand-taxscan.jpg "CESTAT quashes Service Tax Demand on Training of Officers outside India by Foreign Agency [Read Order]")
Penalty u/s 45 of Gujarat Sales Tax Act is statutory and Mandatory, Commissioner/AO has no Discretionary Powers: Supreme Court [Read Order]
The Supreme Court in its recent judgement has held that the Commissioner or Assessing Officer has no discretionary powers on levying of penalty and interest leviable under Sections 45(6) and 47(4A)...
Right of Redemption available as Imported Areca Nuts are not Prohibited Goods: CESTAT confirms Reduction of Penalty [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed the reduction of penalty on the ground that the right of redemption is available as imported areca...
![Right of Redemption available as Imported Areca Nuts are not Prohibited Goods: CESTAT confirms Reduction of Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Redemption-Imported-Areca-Nuts-Prohibited-Goods-CESTAT-Reduction-of-Penalty-Penalty-taxscan.jpg "Right of Redemption available as Imported Areca Nuts are not Prohibited Goods: CESTAT confirms Reduction of Penalty [Read Order]")
Notices Issued by the AO Turned Bad in Law Being Vague:Â ITAT Holds Penalty Proceedings Initiated u/s 271(1)(c) as unsustainable [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held the penalty proceedings-initiated under Section 271(1)(c) of the Income Tax Act, 1961 as non-...
![Notices Issued by the AO Turned Bad in Law Being Vague:Â ITAT Holds Penalty Proceedings Initiated u/s 271(1)(c) as unsustainable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Notice-Turned-Vague-ITAT-Penalty-non-sustainable-TAXSCAN.jpg "Notices Issued by the AO Turned Bad in Law Being Vague:Â ITAT Holds Penalty Proceedings Initiated u/s 271(1)(c) as unsustainable [Read Order]")
![Additions made on Estimation Basis: ITAT directs AO to delete Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Additions-Estimation-Basis-Penalty-AO-Assessing-Officer-ITAT-Income-Tax-taxscan.jpg "Additions made on Estimation Basis: ITAT directs AO to delete Penalty u/s 271(1)(c) [Read Order]")
Once Penalty is Levied for Non-Maintenance of Books of Accounts, No Further Default to be Imposed for not Getting the Same Audited u/s 44AB: ITAT
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has recently, in an appeal filed before it, held that once penalty is levied for non-maintenance of book of accounts, no further default is to...
Mere Omission to inform Excise Dept about Registration of Product under Insecticide Act cannot be a Wilful Misstatement of Fact, No Penalty u/s 11AC: CESTAT
In a recent judgement, the Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that mere omission to inform the Excise department about the registration of a...
