![No Penalty when Income of Assessee is determined on an Estimate Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "No Penalty when Income of Assessee is determined on an Estimate Basis: ITAT [Read Order]")
No Penalty when Income of Assessee is determined on an Estimate Basis: ITAT [Read Order]
Rajkot Income Tax Appellate Tribunal (ITAT) declared that penalty under Section 271(1)(c) of the Income Tax Act 1961 cannot be levied when the...
![Specific Charge of Alleged Concealment and or Furnishing of Inaccurate particulars of Income is Mandatory for Levying Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "Specific Charge of Alleged Concealment and or Furnishing of Inaccurate particulars of Income is Mandatory for Levying Penalty: ITAT [Read Order]")
![GST: Allahabad HC Quashes Penalty imposed by Transit State on Consignment without Transport Declaration Form [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/GST-Transportation-of-Goods.jpg "GST: Allahabad HC Quashes Penalty imposed by Transit State on Consignment without Transport Declaration Form [Read Order]")
Non-Contest in Proceedings relating to Non-Payment of Service Tax can’t be a Ground for Levying Penalty: Delhi HC [Read Order]
In a major relief to M/s Indian Railway Finance Corporation, a division bench of the Delhi High Court held that penalty under section 78 of the Finance Act, 1994 cannot be levied merely on ground that...
![Non-Contest in Proceedings relating to Non-Payment of Service Tax can’t be a Ground for Levying Penalty: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg "Non-Contest in Proceedings relating to Non-Payment of Service Tax can’t be a Ground for Levying Penalty: Delhi HC [Read Order]")
Penalty can’t be Levied for Disallowance of a Claim which was Debatable and Bonafide: ITAT [Read Order]
While dismissing the appeal filed by the revenue the Chandigarh bench of Income Tax Appellate Tribunal (ITAT) held that if disallowance of claim was debatable and bonafied then no penalty under...
![Penalty can’t be Levied for Disallowance of a Claim which was Debatable and Bonafide: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty can’t be Levied for Disallowance of a Claim which was Debatable and Bonafide: ITAT [Read Order]")
Non-Filing of C Form Declarations or Defects in it would not Attract Penalty under CST Act: Madras HC [Read Order]
The Madras High Court, in a recent ruling, held that non-filing of Form C declaration or certain defects in Form C declaration cannot be ground for levying penalty under section 9(2A) of the Central...
![Non-Filing of C Form Declarations or Defects in it would not Attract Penalty under CST Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "Non-Filing of C Form Declarations or Defects in it would not Attract Penalty under CST Act: Madras HC [Read Order]")
Not Specifying Exact Charge against Assesse while invoking Penalty is against Natural Justice Principles: ITAT Mumbai [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, on Wednesday furnished an order which ensures that taxpayers are not charged a penalty for unspecified reasons. The bench comprising of Shri...
Penalty can’t be imposed for Non-Deduction of TDS If Default was due to Wrong Classification of Payments: ITAT [Read Order]
In M/s PSR Associates vs. Joint Commissioner of Income Tax, the VishakhaPatnam bench of the ITAT held that default in not deducting tax due to wrong classification of payments is a ‘reasonable cause’...
![Penalty can’t be imposed for Non-Deduction of TDS If Default was due to Wrong Classification of Payments: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Penalty can’t be imposed for Non-Deduction of TDS If Default was due to Wrong Classification of Payments: ITAT [Read Order]")