![Assessee has Right to Appeal even after Voluntary Payment of Penalty under CGST: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Assessee-appeal-Voluntary-Payment-Penalty-CGST-Kerala-HC-taxscan.jpeg "Assessee has Right to Appeal even after Voluntary Payment of Penalty under CGST: Kerala HC [Read Order]")
Assessee has Right to Appeal even after Voluntary Payment of Penalty under CGST: Kerala HC [Read Order]
In a significant ruling, the Kerala High Court has held that the assessee has the right to appeal even after the voluntary payment of the penalty...
![Demand of Service Tax on basis of TDS /26AS Statements/ 3CD Statements not sustainable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/service-tax-TDS-CESTAT-penalty-taxscan.jpeg "Demand of Service Tax on basis of TDS /26AS Statements/ 3CD Statements not sustainable: CESTAT [Read Order]")
![Penalty u/s 271(1)(c) not imposable for Undisclosed Income detected on Search initiated before Assessment Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Penalty-undisclosed-income-search-assessment-year-ITAT-taxscan.jpeg "Penalty u/s 271(1)(c) not imposable for Undisclosed Income detected on Search initiated before Assessment Year: ITAT [Read Order]")
![Non-deposit of Service Tax under RCM due to Oversight/Mistake: CESTAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Non-deposit-Service-Tax-RCM-Oversight-Mistake-CESTAT-Penalty-Taxscan.jpeg "Non-deposit of Service Tax under RCM due to Oversight/Mistake: CESTAT deletes Penalty [Read Order]")
Delay in Filing Income Tax Return under Bona fide belief that No Taxable Income: ITAT deletes Penalty u/s 271F [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench presided by Pawan Singh, Judicial Member, and Dr. Arjun Lal Saini, Accountant Member has held that delay in filing Income Tax Return under bona...
![Delay in Filing Income Tax Return under Bona fide belief that No Taxable Income: ITAT deletes Penalty u/s 271F [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Return-Bonafide-Belief-Taxable-Income-ITAT-Penalty-taxscan.jpeg "Delay in Filing Income Tax Return under Bona fide belief that No Taxable Income: ITAT deletes Penalty u/s 271F [Read Order]")
Income Tax Return filing Due Date is Nearby: Know the Penalty / Interest Consequences of Missing the Deadline
Income tax return filing is the talk of the town nowadays as the last date for filing the return is on 31st July 2022. According to Section 139 of the Income-Tax Act, 1961, the due date for filing...
Accepting Loans through Journal entries with reasonable cause will not attract Penalty u/s 271D: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that accepting loans through journal entries with reasonable cause will not attract penalty u/s 271D of the Income Tax Act,1961. The...
![Accepting Loans through Journal entries with reasonable cause will not attract Penalty u/s 271D: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/loans-journal-entries-ITAT-taxscan.jpg "Accepting Loans through Journal entries with reasonable cause will not attract Penalty u/s 271D: ITAT [Read Order]")
Penalty u/s 271C based on Mere Assumption without Supporting Evidence is Invalid: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that penalty u/s 271C of the Income Tax Act,1961 based on mere assumption without supporting evidence is not sustainable hence it is...
![Penalty u/s 271C based on Mere Assumption without Supporting Evidence is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Penalty-assumption-supporting-evidence-ITAT-taxscan.jpg "Penalty u/s 271C based on Mere Assumption without Supporting Evidence is Invalid: ITAT [Read Order]")
![Absence of Specifying the Limp, in the Notice issued, invalidates the Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Limp-notice-issued-penalty-ITAT-Taxscan.jpg "Absence of Specifying the Limp, in the Notice issued, invalidates the Penalty: ITAT [Read Order]")
Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the cash seized during search cannot be adjusted against the self-assessed existing tax liability as per the provisions of...
![Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Cash-seized-Search-Self-Assessed-Tax-Liability-ITA-Penalty-Taxscan.jpg "Cash seized during Search cannot be Adjusted against Self Assessed Tax Liability: ITAT deletes Penalty [Read Order]")
Penalty will not Sustain after Deletion of disallowance of Area-based Exemption as per Excise Notification: CESTAT [Read Order]
Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), New Delhi has held that penalty will not sustain after deletion of disallowance of area-based exemption as per Excise Notification. ...
![Penalty will not Sustain after Deletion of disallowance of Area-based Exemption as per Excise Notification: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Penalty-disallowance-Area-based-Exemption-Excise-Notification-CESTAT-taxscan.jpg "Penalty will not Sustain after Deletion of disallowance of Area-based Exemption as per Excise Notification: CESTAT [Read Order]")