![Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/penalty-income-assessee-ITAT-Taxscan.jpeg "Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]")
Quantification of Penalty is dependent upon Additions made to Income of Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Pradip Kumar Kedia, Accountant Member and Narender Kumar Choudhry, Judicial...
![Wrong claim of TDS would not amount to Penalty u/s 271: ITAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Wrong-claim-TDS-ITAT-penalty-Taxscan.jpeg "Wrong claim of TDS would not amount to Penalty u/s 271: ITAT quashes Penalty [Read Order]")
![No Imposition of Penalty if Cause of Action itself does not Survive: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-CESTAT-taxscan.jpeg "No Imposition of Penalty if Cause of Action itself does not Survive: CESTAT [Read Order]")
![Penalty u/s 271 can’t be invoked in absence of relevant record on inaccurate particulars: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Penalty-relevant-record-inaccurate-particulars-ITAT-Taxscan.jpg "Penalty u/s 271 can’t be invoked in absence of relevant record on inaccurate particulars: ITAT [Read Order]")
![CBIC exempts from maintaining Deposits in ECL under Customs Act up to November 29, 2022 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/CBIC-ECL-Customs-Act-taxscan.jpg "CBIC exempts from maintaining Deposits in ECL under Customs Act up to November 29, 2022 [Read Notification]")
![Notice issued u/s 271 must Record the specific ground to which it initiated: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Notice-ITAT-taxscan.jpeg "Notice issued u/s 271 must Record the specific ground to which it initiated: ITAT [Read Order]")
Assessee needs to establish his Bonafideness for not disclosing details with regard to Income Tax Return: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench consisting of Inturi Rama Rao, Accountant Member, and Partha Sarathi Chaudhury, Judicial Member held that the assessee need to establish his...
![Assessee needs to establish his Bonafideness for not disclosing details with regard to Income Tax Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Assessee-income-ITAT-taxscan.jpg "Assessee needs to establish his Bonafideness for not disclosing details with regard to Income Tax Return: ITAT [Read Order]")
Failure to keep Invoice for Agricultural Sale Proceed for Small Amount cannot attract Income Tax Penalty: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has deleted a penalty order by observing that the assessee cannot be penalized for the failure of keeping an invoice of a small amount of...
![Failure to keep Invoice for Agricultural Sale Proceed for Small Amount cannot attract Income Tax Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Invoice-Agricultural-Sale-Income-Tax-Penalty-ITAT-taxscan.jpeg "Failure to keep Invoice for Agricultural Sale Proceed for Small Amount cannot attract Income Tax Penalty: ITAT [Read Order]")
An Unlawful Claim for Deduction would not amount to ‘Concealment of Income’: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that an unlawful claim for deduction would not amount to “concealment of income” in order to impose a penalty under Section 271(1)(c) of...
![An Unlawful Claim for Deduction would not amount to ‘Concealment of Income’: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Claim-Deduction-Concealment-of-Income-ITAT-Penalty-taxscan.jpg "An Unlawful Claim for Deduction would not amount to ‘Concealment of Income’: ITAT deletes Penalty [Read Order]")
![Initiation of Penalty Proceedings u/s.271(1)(c) on a Defective Notice is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Penalty-Proceedings-Defective-Notice-ITAT-taxscan.jpg "Initiation of Penalty Proceedings u/s.271(1)(c) on a Defective Notice is Invalid: ITAT [Read Order]")
![Penalty u/s 112(a) cannot be invoked in the absence of corroborative Evidence: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Penalty-corroborative-Evidence-CESTAT-taxscan.jpg "Penalty u/s 112(a) cannot be invoked in the absence of corroborative Evidence: CESTAT [Read Order]")
Non-Compliance of Summons issued by Income Tax Authorities: ITAT upholds Levy of Rs. 10k as Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has upheld a penalty of Rs. 10,000 on the assessee for not complying with the summons issued under section 131(1) of the Income Tax Act, 1961. ...
![Non-Compliance of Summons issued by Income Tax Authorities: ITAT upholds Levy of Rs. 10k as Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/NonCompliance-Summons-Income-Tax-Authorities-ITAT-Penalty-Taxscan.jpeg "Non-Compliance of Summons issued by Income Tax Authorities: ITAT upholds Levy of Rs. 10k as Penalty [Read Order]")