![Vague Show Cause Notice: ITAT deletes Penalty u/s 271(1)(b) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Show-Cause-Notice-ITAT-Penalty-Income-Tax-Act-Income-Tax-Tax-Taxscan.jpg "Vague Show Cause Notice: ITAT deletes Penalty u/s 271(1)(b) of Income Tax Act [Read Order]")
Vague Show Cause Notice: ITAT deletes Penalty u/s 271(1)(b) of Income Tax Act [Read Order]
The Cuttack bench of Income Tax Appellate Tribunal ( ITAT ) recently deleted the penalty imposed under section 271 (1)(b) of Income Tax Act 1961 and...
![CESTAT quashes Penalty imposed on failure to consider Non-Receipt of SCN by Firm or Partner [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/CESTAT-Penalty-SCN-TAXSCAN.jpg "CESTAT quashes Penalty imposed on failure to consider Non-Receipt of SCN by Firm or Partner [Read Order]")
![No Reason for Imposition of Penalty: CESTAT quashes Penalty of Rs. 2 lakhs under Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Imposition-of-Penalty-CESTAT-Customs-Act-TAXSCAN.jpg "No Reason for Imposition of Penalty: CESTAT quashes Penalty of Rs. 2 lakhs under Customs Act [Read Order]")
![Penalty u/s 40 (2) cant be invoked in absence of deliberate filing of Incorrect Return: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Penalty-Incorrect-Return-Jharkhand-HC-TAXSCAN.jpg "Penalty u/s 40 (2) cant be invoked in absence of deliberate filing of Incorrect Return: Jharkhand HC [Read Order]")
![Imposes Penalty for violation of Section 269SS without Jurisdiction: ITAT quashes the Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Penalty-Jurisdiction-ITAT-taxscan.jpg "Imposes Penalty for violation of Section 269SS without Jurisdiction: ITAT quashes the Order [Read Order]")
Bonafide doubt as to Service Tax liability and No Intentional evasion of Service Tax: CESTAT deletes Penalty under Finance Act [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) deleted penalty under the Finance Act on the ground that there was bonafide doubt as to Service Tax liability and...
![Bonafide doubt as to Service Tax liability and No Intentional evasion of Service Tax: CESTAT deletes Penalty under Finance Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/evasion-of-Service-Tax-Bonafide-doubt-Service-Tax-liability-Service-Tax-Intentional-evasion-Intentional-evasion-of-Service-Tax-CESTAT-Penalty-taxscan.jpg "Bonafide doubt as to Service Tax liability and No Intentional evasion of Service Tax: CESTAT deletes Penalty under Finance Act [Read Order]")
Circulars, though binding on the Department, is not so on the Tribunal: CESTAT Quashes Notice Against DCM Hyundai [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed notice against M/s. DCM Hyundai Ltd, the appellant and held that Circulars, though binding on the...
![Circulars, though binding on the Department, is not so on the Tribunal: CESTAT Quashes Notice Against DCM Hyundai [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Circulars-Department-Tribunal-CESTAT-Notice-DCM-Hyundai-TAXSCAN.jpg "Circulars, though binding on the Department, is not so on the Tribunal: CESTAT Quashes Notice Against DCM Hyundai [Read Order]")
![Income Tax Penalty cannot be attracted for Application of S. 50C: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Penalty-S-50C-ITAT-TAXSCAN.jpg "Income Tax Penalty cannot be attracted for Application of S. 50C: ITAT [Read Order]")
Imposition of Income Tax Penalty u/s 271(1)(c) instead of 271AAB: Jharkhand HC upholds ITAT Order Deleting Penalty [Read Order]
The Jharkhand High Court has recently upheld the order of the Income Tax Appellate Tribunal ( ITAT ) against the revenue, nodding to the deletion of penalty imposed on the assessee under Section...
![Imposition of Income Tax Penalty u/s 271(1)(c) instead of 271AAB: Jharkhand HC upholds ITAT Order Deleting Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Imposition-of-Income-Tax-Penalty-Income-Tax-Penalty-Jharkhand-High-Court-ITAT-Penalty-ITAT-Order-Taxscan.jpg "Imposition of Income Tax Penalty u/s 271(1)(c) instead of 271AAB: Jharkhand HC upholds ITAT Order Deleting Penalty [Read Order]")
Delay in Submission of Tax Audit Report is Mere Technical Breach of Law: ITAT deletes Penalty u/s 271B [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has deleted the penalty imposed under Section 271B of the Income Tax Act 1961, holding that the delay in submission of the audit report was a...
![Delay in Submission of Tax Audit Report is Mere Technical Breach of Law: ITAT deletes Penalty u/s 271B [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Tax-Audit-Report-Tax-Audit-Audit-Report-Technical-Breach-Law-ITAT-Penalty-Taxscan.jpg "Delay in Submission of Tax Audit Report is Mere Technical Breach of Law: ITAT deletes Penalty u/s 271B [Read Order]")
Completion of Audit and Furnishing of Tax Audit Report before Conclusion of Assessment Proceedings: ITAT Deletes Penalty u/s 271B [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT )has deleted the penalty under Section 271B of the Income Tax Act 1961 as the completion of the audit and furnishing of the tax audit report...
![Completion of Audit and Furnishing of Tax Audit Report before Conclusion of Assessment Proceedings: ITAT Deletes Penalty u/s 271B [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Completion-of-Audit-Audit-Furnishing-of-Tax-Audit-Report-Tax-Audit-Report-Assessment-Proceedings-ITAT-Penalty-Taxscan.jpg "Completion of Audit and Furnishing of Tax Audit Report before Conclusion of Assessment Proceedings: ITAT Deletes Penalty u/s 271B [Read Order]")
Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has recently, in an appeal filed before it, held that there is no penalty as checking, cross-checking and reconciliation of data was a very...
![Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Checking-Cross-checking-Reconciliation-Reasonable-Cause-ITR-Penalty-ITAT-TAXSCAN.jpg "Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]")