Appellate Authority has No Power to ‘Enhance’ Penalty under the Punjab Excise Act: Punjab & Haryana HC [Read Judgment]
The division bench of the Punjab and Haryana High Court, in M/s Nirvair Singh v. Financial Commissioner Taxation, held that the appellate authority...
![SBI to Penalize Account Holders for Low Balance: Penalty includes Service Tax also [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/03/SBI-Taxscan.jpg "SBI to Penalize Account Holders for Low Balance: Penalty includes Service Tax also [Read Circular]")
Penalty cannot be levied when there is a bonafide confusion over the Constitutionality of Levy of Tax: Mumbai CESTAT [Read Order]
In Serum Institute of India Ltd v. Commissioner of Central Excise Pune III, the division bench of the Mumbai CESTAT held that if the constitutional validity of the levy of Service Tax is under...
![Penalty cannot be levied when there is a bonafide confusion over the Constitutionality of Levy of Tax: Mumbai CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "Penalty cannot be levied when there is a bonafide confusion over the Constitutionality of Levy of Tax: Mumbai CESTAT [Read Order]")
Penalty is not Leviable solely on Ground of ‘Change in Heads of Income’: ITAT Mumbai [Read Order]
In Ms. Pushpavati Khushalchand Mehta v. ITO, the division bench of the Mumbai ITAT held that penalty under section 271(1)(c)of the Income Tax Act cannot be levied on the assessee on mere ground that...
![Penalty is not Leviable solely on Ground of ‘Change in Heads of Income’: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty is not Leviable solely on Ground of ‘Change in Heads of Income’: ITAT Mumbai [Read Order]")
Penalty not Leviable when the AO failed to Strike Off the inappropriate portion of the notice: ITAT Hyderabad [Read Order]
In the case of Sri Nilaya AR Projects Hyderabad v. ITO Hyderabad, the Income Tax Appellate Tribunal, Hyderabad bench held that penalty u/s 271(1)(c) of the Income Tax Act cannot be levied when the AO...
Penalty u/s 271(1)(c) is Leviable only If the Assessee Files Incorrect, Erroneous or False Return: ITAT Hyderabad [Read Order]
The division bench of the ITAT Hyderabad recently ruled that penalty under section 271(1)(c) of the Income Tax Act cannot be levied if there is no finding that the return filed by the assessee is...
![Penalty u/s 271(1)(c) is Leviable only If the Assessee Files Incorrect, Erroneous or False Return: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "Penalty u/s 271(1)(c) is Leviable only If the Assessee Files Incorrect, Erroneous or False Return: ITAT Hyderabad [Read Order]")