![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]")
Non-deposit of Service Tax under RCM due to Oversight/Mistake: CESTAT deletes Penalty [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi bench has deleted the penalty on the assessee observing that the non-deposit...
![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]")
![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]](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]")
Bonafide Non-compliance with Audit Requirement u/s 44AB is Excusable: ITAT deletes the penalty [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT), while deleting a penalty order, has held that non-compliance with S.44AB of the Income Tax Act, 1961 can be excusable if it was committed...
![Bonafide Non-compliance with Audit Requirement u/s 44AB is Excusable: ITAT deletes the penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/dishonest-intention-ITAT-penalty-taxscan.jpg "Bonafide Non-compliance with Audit Requirement u/s 44AB is Excusable: ITAT deletes the penalty [Read Order]")
![Assessee duly complied with Notices Issued: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessee-Notices-ITAT-Penalty-Taxscan.jpeg "Assessee duly complied with Notices Issued: ITAT deletes Penalty [Read Order]")
![Penalty for Forgery of BSI Certificate will sustain on Corroborated Evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Penalty-BSI-certificate-corroborated-evidence-CESTAT-taxscan.jpeg "Penalty for Forgery of BSI Certificate will sustain on Corroborated Evidence: CESTAT [Read Order]")
Goods to Iran delivered in UAE: CESTAT holds Exporter not liable for 'Change of Landing Port' Instructions by Importer, Quashes Penalty
While quashing the order for confiscation and penalty against the importer, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench has held that the exporter is not...
