![No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]")
No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the penalty under section 271(1)(c) of the Income Tax Act cannot be levied on the...
![Amount kept in Impress Account can’t be treated as ‘Business Advance’: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Chartered-Accountant-ITAT-Taxscan.jpg "Amount kept in Impress Account can’t be treated as ‘Business Advance’: ITAT deletes Penalty [Read Order]")
![Assessee can’t be Penalized for Wrong Statement given by Payee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Assessee can’t be Penalized for Wrong Statement given by Payee: ITAT [Read Order]")
![Both Managing Director and Director are Equally responsible to file IT returns of Company: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Technical-Service-Charges-Delhi-High-Court-Taxscan.jpg "Both Managing Director and Director are Equally responsible to file IT returns of Company: Delhi High Court [Read Judgment]")
CESTAT deletes Penalty since Delay in Payment of Service Tax was due to Financial Crunch [Read Order]
The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has deleted the penalty order passed against a Company by holding that the delay in paying the service tax by them...
![CESTAT deletes Penalty since Delay in Payment of Service Tax was due to Financial Crunch [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg "CESTAT deletes Penalty since Delay in Payment of Service Tax was due to Financial Crunch [Read Order]")
When Validly Revised Return filed pursuant to notice u/s 153A, is accepted, Defects found in Original Return cannot be considered for Imposing Penalty: ITAT [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) in M/s OSE Infrastructure Ltd. Versus ACIT, held that when a revised return is accepted as per issue of notice under section 153A and...
![When Validly Revised Return filed pursuant to notice u/s 153A, is accepted, Defects found in Original Return cannot be considered for Imposing Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Revised-Return-Taxscan.jpg "When Validly Revised Return filed pursuant to notice u/s 153A, is accepted, Defects found in Original Return cannot be considered for Imposing Penalty: ITAT [Read Order]")
Penalty can’t be levied on a Bonafide Dealer for purchasing Goods from Dealer whose VAT Registration was subsequently Cancelled: Allahabad HC [Read Order]
The Allahabad High Court has recently held that a bonafide dealer cannot be punished for making purchases with a dealer whose registration was subsequently cancelled by the department under the UP...
![Penalty can’t be levied on a Bonafide Dealer for purchasing Goods from Dealer whose VAT Registration was subsequently Cancelled: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/PAN-Penalty-TAN-Taxscan.jpg "Penalty can’t be levied on a Bonafide Dealer for purchasing Goods from Dealer whose VAT Registration was subsequently Cancelled: Allahabad HC [Read Order]")
CESTAT drops Penalty since Non-payment of Service Tax was due illness of Mother of Partner [Read Order]
The Bangalore bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has dropped the penalty proceedings since the service tax was not paid by the assessee due to the illness of the...
Allahabad HC quashes Penalty Orders for Goods Transported without E-Way Bill before 1st April [Read Judgment]
A Division Bench of Allahabad High Court, while allowing a bunch of petitions has set aside the departmental orders imposing the penalty against the traders for not bringing the E-Way bill for...
![Allahabad HC quashes Penalty Orders for Goods Transported without E-Way Bill before 1st April [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/E-Way-Bill-Taxscan.jpg "Allahabad HC quashes Penalty Orders for Goods Transported without E-Way Bill before 1st April [Read Judgment]")
![NAA imposes Penalty on Builder for not passing GST Benefit to Flat Buyers [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/GST-Benefit-Taxscan-1.jpg "NAA imposes Penalty on Builder for not passing GST Benefit to Flat Buyers [Read Order]")