![Penalty u/s 112 Can’t be imposed unless Evidences to Show Prior Knowledge of Fraud and Wrongful Intent: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/CESTAT-Taxscan.jpg "Penalty u/s 112 Can’t be imposed unless Evidences to Show Prior Knowledge of Fraud and Wrongful Intent: CESTAT [Read Order]")
Penalty u/s 112 Can’t be imposed unless Evidences to Show Prior Knowledge of Fraud and Wrongful Intent: CESTAT [Read Order]
In a recent case the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), Kolkata held that it is a settled law that penalty under Section...
![Conscious Act of Contravention of Provisions of Section 171 (1) of CGST Act Leads to Penalty: NAA [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/NAA-GST-Taxscan.jpg "Conscious Act of Contravention of Provisions of Section 171 (1) of CGST Act Leads to Penalty: NAA [Read Order]")
![Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg "Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]")
![Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/PAN-Penalty-TAN-Taxscan.jpg "Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]")
![Finance Ministry prescribes Fees of Rs. 2K for Filing Appeal against Penalty Order under Benami Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/10/Benami-Law-Taxscan.jpg "Finance Ministry prescribes Fees of Rs. 2K for Filing Appeal against Penalty Order under Benami Act [Read Notification]")
Capitalising Amounts by Transferring to Capital Account without Crediting to Profit and Loss Account attracts Penalty: ITAT [Read Order]
In a recent case, the Income Tax Appellate Tribunal ( ITAT ) Delhi upheld the view of Assessing officer(AO) that on one hand the assessee had made the borrowers and paid interest on such borrowers and...
![Capitalising Amounts by Transferring to Capital Account without Crediting to Profit and Loss Account attracts Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Capital-Asset-Taxscan.jpg "Capitalising Amounts by Transferring to Capital Account without Crediting to Profit and Loss Account attracts Penalty: ITAT [Read Order]")
GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]
The Chennai Bench of Authority of Advance Rulings ( AAR ) in an application filed by M/s Chennai port Trust held that interest, late fee and penalty due to delayed payment of consideration received...
![GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/08/Surcharge-GST-Taxscan.jpg "GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]")
![Appellate Authority imposes Rs. 50k Penalty on ICAI [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/10/Appellate-Authority-ICAI-Taxscan.jpg "Appellate Authority imposes Rs. 50k Penalty on ICAI [Read Order]")
Relief for Google - No Penalty under Section 271(1)(c) if the matter has been admitted by High Court: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of M/s Google India Pvt. Ltd. v. The Assistant Commissioner of Income Tax held that no penalty can be levied under Section...
![Relief for Google - No Penalty under Section 271(1)(c) if the matter has been admitted by High Court: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Google-India-Taxscan.jpg "Relief for Google - No Penalty under Section 271(1)(c) if the matter has been admitted by High Court: ITAT [Read Order]")
![CCI imposes Penalty on SAAR IT Resources Private Limited and others [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/CCI-Taxscan.jpg "CCI imposes Penalty on SAAR IT Resources Private Limited and others [Read Order]")
Filing of Form 3CB Audit Report with Form 3CD is Sufficient Compliance: ITAT deletes Penalty [Read Order]
While deleting a penalty order passed under Section 271B of the Income Tax Act, the Income Tax Appellate Tribunal ( ITAT ), Kolkata bench has held that the filing of form no. 3CB audit report with...
![Filing of Form 3CB Audit Report with Form 3CD is Sufficient Compliance: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Form-3CB-ITAT-Taxscan.jpg "Filing of Form 3CB Audit Report with Form 3CD is Sufficient Compliance: ITAT deletes Penalty [Read Order]")
![Inadvertent and Bonafide Error in Return won’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Filing-Return-Taxscan.jpg "Inadvertent and Bonafide Error in Return won’t attract Penalty: ITAT [Read Order]")