![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]")
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...
![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]")
![Issue of Defective Notice Without Striking Off Irrelevant Limb: ITAT Deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Issue-of-Defective-Notice-Defective-Notice-ITAT-Penalty-taxscan.jpg "Issue of Defective Notice Without Striking Off Irrelevant Limb: ITAT Deletes Penalty [Read Order]")
No Penalty shall be Levied u/S 271B if there is Reasonable Cause for Not Getting the Account Audited: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no penalty should be levied under Section 271B of the Income Tax Act, 1961 if there is reasonable cause for not...
![No Penalty shall be Levied u/S 271B if there is Reasonable Cause for Not Getting the Account Audited: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-Reasonable-Cause-Account-ITAT-Taxscan.jpg "No Penalty shall be Levied u/S 271B if there is Reasonable Cause for Not Getting the Account Audited: ITAT [Read Order]")
Levy of Penalty of 100% of the Tax Sought to be evaded will Meet the Ends of Justice: ITAT sets aside order [Read Order]
Income Tax Appellate Tribunal (ITAT) of Hyderabad bench held that Levy of penalty of 100% of the tax sought to be evaded would meet the ends of justice and set aside the order passed by assessing...
![Levy of Penalty of 100% of the Tax Sought to be evaded will Meet the Ends of Justice: ITAT sets aside order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Levy-of-Penalty-Tax-Sought-Income-Tax-Penalty-ITAT-taxscan.jpg "Levy of Penalty of 100% of the Tax Sought to be evaded will Meet the Ends of Justice: ITAT sets aside order [Read Order]")
Once Penalty Levied for Non-Maintenance of Book of Accounts, no further default for not getting Audited u/s 44AB: ITAT deletes Penalty u/s 271B
The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) has deleted penalty under Section under Section 271 of the Income Tax Act 1961 holding that once penalty is levied for non-maintenance of...
Provisions of S.44 AB of the Act are not applicable if Turnover of Assessee less than Prescribed Limit: ITAT delete Penalty u/S 271B [Read Order]Â
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has recently held that provisions of Section 44 of the Income Tax Act, 1961 are not applicable if turnover of assessee less than...
![Provisions of S.44 AB of the Act are not applicable if Turnover of Assessee less than Prescribed Limit: ITAT delete Penalty u/S 271B [Read Order]Â](https://www.taxscan.in/wp-content/uploads/2023/04/Turnover-of-Assessee-ITAT-Penalty-taxscan.jpg "Provisions of S.44 AB of the Act are not applicable if Turnover of Assessee less than Prescribed Limit: ITAT delete Penalty u/S 271B [Read Order]Â")
Penalty u/s 271(c) of Income Tax not leviable in Absence of Proper Show Cause Notice to the Assessee: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty is not leviable in absence of proper show cause notice to the assessee. Zile Singh Kashyap, the assessee...
![Penalty u/s 271(c) of Income Tax not leviable in Absence of Proper Show Cause Notice to the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-Income-Tax-Show-Cause-Notice-ITAT-TAXSCAN.jpg "Penalty u/s 271(c) of Income Tax not leviable in Absence of Proper Show Cause Notice to the Assessee: ITAT [Read Order]")
No Penalty u/s 271(1)(c)Â When Income Tax is Payable based on Book Profit: ITAT Grants Relief to Havells India [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the penalty under section 271(1)(c) is not attracted when income tax is payable based on book profit hence the bench...
![No Penalty u/s 271(1)(c)Â When Income Tax is Payable based on Book Profit: ITAT Grants Relief to Havells India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-Income-Tax-Payable-Book-Profit-ITAT-Havells-India-TAXSCAN.jpg "No Penalty u/s 271(1)(c)Â When Income Tax is Payable based on Book Profit: ITAT Grants Relief to Havells India [Read Order]")
Service Tax & Penalty imposed in absence of Consignment note related to the Transport of Goods by Road: Punjab & Haryana HC directs to Seek Alternate RemedyÂ
The High Court of Punjab and Haryana in its recent judgement directed to seek Alternative Remedies when Service Tax & Penalties are imposed in absence of a consignment note related to the...
