![Notice Issued u/s 271(1)(c) of Income Tax Act is Omnibus: ITAT deletes Penalty Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Notice-Income-Tax-Act-Income-Tax-Tax-ITAT-Penalty-Taxscan.jpg "Notice Issued u/s 271(1)(c) of Income Tax Act is Omnibus: ITAT deletes Penalty Proceedings [Read Order]")
Notice Issued u/s 271(1)(c) of Income Tax Act is Omnibus: ITAT deletes Penalty Proceedings [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench, has recently, in an appeal filed before it, deleted the penalty proceedings, on finding that...
![Suo Motu Revisional Proceeding has to be concluded not beyond five years from Original Order of Assessment: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Suo-Motu-Revisional-Suo-Motu-Assessment-Orissa-High-Court-Original-Order-of-Assessment-Proceeding-Taxscan.jpg "Suo Motu Revisional Proceeding has to be concluded not beyond five years from Original Order of Assessment: Orissa HC [Read Order]")
![Non-submission of Books of Account before Assessing Authority: ITAT Upholds Penalty u/s 271A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Books-of-Account-Non-submission-of-Books-of-Account-Assessing-Authority-ITAT-Penalty-Income-Tax-Act-Income-Tax-taxscan.jpg "Non-submission of Books of Account before Assessing Authority: ITAT Upholds Penalty u/s 271A of Income Tax Act [Read Order]")
![Penalty u/s 77 and 78 cannot be imposed in absence of Evidence of Suppression of fact to Evade Payment of Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Penalty-Evidence-Evade-Payment-of-Tax-Evade-Payment-Tax-Payment-CESTAT-Customs-Excise-Service-Tax-Taxscan.jpg "Penalty u/s 77 and 78 cannot be imposed in absence of Evidence of Suppression of fact to Evade Payment of Tax: CESTAT [Read Order]")
![Penalty u/s 114 AA and 112 (a) of Customs Act cant be invoked based on Contradictory Statements: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Penalty-Customs-Act-Contradictory-Statements-CESTAT-Customs-Excise-Service-Tax-taxscan.jpg "Penalty u/s 114 AA and 112 (a) of Customs Act cant be invoked based on Contradictory Statements: CESTAT [Read Order]")
Initiation of penalty proceedings u/s 8(D)(6) of UP Trade Tax Act, against Government Institution has not helped revenue, but has led to financial loss to Government: Allahabad HC grants relief to Bundelkhand University
The Allahabad High Court granted relief to Bundelkhand University, the revisionist and observed that initiation of penalty proceedings under Section 8(D)(6) of UP Trade Tax Act, against Government...
No Requirement in Law to Verify Reason for Transporting Goods in a Vehicle without a Proper E-Way Bill: Calcutta HC [Read Order]
In a recent decision, the Calcutta High Court observed that there is no requirement in law to verify the reason for transporting goods in a vehicle without a proper e-way bill. The petitioner,...
![No Requirement in Law to Verify Reason for Transporting Goods in a Vehicle without a Proper E-Way Bill: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Law-Transporting-Goods-Vehicle-Transporting-Goods-in-a-Vehicle-Proper-E-Way-Bill-E-Way-Bill-Calcutta-High-Court-Taxscan.jpg "No Requirement in Law to Verify Reason for Transporting Goods in a Vehicle without a Proper E-Way Bill: Calcutta HC [Read Order]")
Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]
The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) has recently held that no penalty would be levied if the audit report under section 44B of Income Tax Act 1961 was furnished along with...
![Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Audit-Report-ITR-Assessment-ITAT-Penalty-Income-Tax-Act-Income-Tax-Tax-Taxscan.jpg "Audit Report u/s 44B furnished along with ITR before Completion of Assessment: ITAT deletes Penalty u/s 271B of Income Tax Act [Read Order]")
Mere Rejection of A Claim will not Invite Levy of Penalty u/s 271(1)(C) Of Income Tax Act: ITAT [Read Order]
The Ahmedabad Income Tax Appellate Tribunal (ITAT) has recently held that mere rejection of a claim would not invite levy of penalty under section 271(1)(C) of Income Tax Act, 1961. Section...
![Mere Rejection of A Claim will not Invite Levy of Penalty u/s 271(1)(C) Of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Levy-of-Penalty-Penalty-Income-Tax-Act-ITAT-taxscan.jpg "Mere Rejection of A Claim will not Invite Levy of Penalty u/s 271(1)(C) Of Income Tax Act: ITAT [Read Order]")
Transportation of Goods delayed due to delay in issuing gate pass at Checkpost, Fresh E-Way Bill is mandatory if Goods can't be delivered on time: Calcutta HC [Read Order]
In a recent case, the Calcutta High Court (HC) has held that a time-barred revision petition is not allowable without furnishing sufficient cause of Condonation. Abinash Kumar Singh, the...
![Transportation of Goods delayed due to delay in issuing gate pass at Checkpost, Fresh E-Way Bill is mandatory if Goods cant be delivered on time: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Transportation-of-Goods-gate-pass-at-Checkpost-Fresh-E-Way-Bill-Goods-Calcutta-Highcourt-Taxscan.jpg "Transportation of Goods delayed due to delay in issuing gate pass at Checkpost, Fresh E-Way Bill is mandatory if Goods cant be delivered on time: Calcutta HC [Read Order]")
Filing of Revised Return and Payment of Tax After Receiving Re-Assessment Notice shows “No Willful Attempt to Escape Income”: ITAT deletes Penalty [Read Order]
The Ahmedabad Income Tax Appellate Tribunal ( ITAT ) while deleting the penalty imposed by the assessing officer held that filing of revised return and payment of tax after receiving reassessment...
![Filing of Revised Return and Payment of Tax After Receiving Re-Assessment Notice shows “No Willful Attempt to Escape Income”: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Revised-Return-Filing-Payment-Tax-Re-Assessment-Notice-Re-Assessment-Notice-Escape-Income-ITAT-Penalty-taxscan.jpg "Filing of Revised Return and Payment of Tax After Receiving Re-Assessment Notice shows “No Willful Attempt to Escape Income”: ITAT deletes Penalty [Read Order]")