Begin typing your search above and press return to search.
![No Penalty u/s 271(1)(c) upon Assessee for Duplication of Assets happening due to Mistakes at the Chartered Accountant Office: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-Duplication-Assets-Chartered-Accountant-Office-ITAT-taxscan.jpg "No Penalty u/s 271(1)(c) upon Assessee for Duplication of Assets happening due to Mistakes at the Chartered Accountant Office: ITAT [Read Order]")
No Penalty u/s 271(1)(c) upon Assessee for Duplication of Assets happening due to Mistakes at the Chartered Accountant Office: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) , Chennai, has recently, in an appeal filed before it by an assessee, held that penalty u/s 271 (1)( c )...
![CIT shall Condone Delay for want of Material Records regarding Non Service of Notice and Penalty Order on Time: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/CIT-Material-Service-Notice-Penalty-ITAT-TAXSCAN.jpg "CIT shall Condone Delay for want of Material Records regarding Non Service of Notice and Penalty Order on Time: ITAT [Read Order]")
![Imposing Penalty u/s 114A is not permissible in Absence of Collusion, Wilful Misstatement, Suppression of facts, or even any Duty Liability: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Imposing-Penalty-misstatement-duty-liability-CESTAT-TAXSCAN.jpg "Imposing Penalty u/s 114A is not permissible in Absence of Collusion, Wilful Misstatement, Suppression of facts, or even any Duty Liability: CESTAT [Read Order]")
![Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Assessee-Penalty-ITAT-TAXSCAN.jpg "Disclosure of Undisclosed by Other Persons during Search Not Binding on Assessee, Penalty u/s 271AAB Not Leviable: ITAT [Read Order]")
![No Interest & Penalty can be levied on Surcharge, CVD and SAD: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Penalty-Surcharge-CVD-SAD-Bombay-HC-taxscan.jpeg "No Interest & Penalty can be levied on Surcharge, CVD and SAD: Bombay HC [Read Order]")
![No Payment made above Purchase Price of Asset: ITAT deletes Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/payment-purchase-price-of-asset-ITAT-Penalty-taxscan.jpg "No Payment made above Purchase Price of Asset: ITAT deletes Penalty u/s 271(1)(c) [Read Order]")
![Delay in Transferring CSR Fund to PM Fund: MCA imposes Penalty on Comviva Technologies Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/CSR-Fund-PM-Fund-MCA-Penalty-Comviva-Technologies-Ltd-taxscan.jpeg "Delay in Transferring CSR Fund to PM Fund: MCA imposes Penalty on Comviva Technologies Ltd [Read Order]")
Penalty u/s 77 sustained when Assessee failed to Register and File ST-3 Returns within prescribed time: CESTAT [Read Order]
The Mumbai Regional Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that penalty under section 77 is sustained when the assessee failed to register and to file ST-3...
![Penalty u/s 77 sustained when Assessee failed to Register and File ST-3 Returns within prescribed time: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-assessee-CESTAT-taxscan.jpg "Penalty u/s 77 sustained when Assessee failed to Register and File ST-3 Returns within prescribed time: CESTAT [Read Order]")
Penalty u/s 112(b) not sustained in Absence of Possession of Smuggled Gold bars by Assessee: CESTAT [Read Order]
The Customs, Excise &Service Tax Appellate Tribunal (CESTAT) of Ahmedabad bench held that the penalty under section 112(b) of the Customs Act,1962 is not sustained in the absence of possession of...
![Penalty u/s 112(b) not sustained in Absence of Possession of Smuggled Gold bars by Assessee: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-absence-smuggled-assessee-CESTAT-TAXSCAN.jpg "Penalty u/s 112(b) not sustained in Absence of Possession of Smuggled Gold bars by Assessee: CESTAT [Read Order]")
![Excise Duty not demandable on broken Bottles of Beverages: CESTAT allows Pepsicos appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Excise-duty-demandable-beverages-CESTAT-Pepsicos-appeal-TAXSCAN.jpg "Excise Duty not demandable on broken Bottles of Beverages: CESTAT allows Pepsicos appeal [Read Order]")
![Penalty u/s 271(1)(c) not leviable on Bonafide Mistake: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Penalty-ITAT-taxscan.jpg "Penalty u/s 271(1)(c) not leviable on Bonafide Mistake: ITAT [Read Order]")
Once Income Declared and Income Tax Return Filed, Penalty u/s 271 (1) (C) not to be Later Levied: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Pune Bench, has recently, in an appeal preferred before it by the revenue, held that once the income is declared and the return is filed, later, the...
![Once Income Declared and Income Tax Return Filed, Penalty u/s 271 (1) (C) not to be Later Levied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Income-Return-Penalty-ITAT.jpg "Once Income Declared and Income Tax Return Filed, Penalty u/s 271 (1) (C) not to be Later Levied: ITAT [Read Order]")