![Penalty not Leviable when the AO failed to Strike Off the inappropriate portion of the notice: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "Penalty not Leviable when the AO failed to Strike Off the inappropriate portion of the notice: ITAT Hyderabad [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)...
![Penalty is not Leviable on Ground of Disallowance of Depreciation: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty is not Leviable on Ground of Disallowance of Depreciation: ITAT Ahmedabad [Read Order]")
Penalty cannot be Levied where the Assessee has relied on Legal Opinion of a Professional and there is No Tax Impact: Punjab & Haryana HC [Read Judgment]
In a recent ruling the division bench of the Punjab & Haryana High Court refused to interfere the order of the Appellate Tribunal deleting the penalty imposed on the assessee under section...
![Penalty cannot be Levied where the Assessee has relied on Legal Opinion of a Professional and there is No Tax Impact: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Punjab-and-Haryana-High-Court-Tax-Scan.jpg "Penalty cannot be Levied where the Assessee has relied on Legal Opinion of a Professional and there is No Tax Impact: Punjab & Haryana HC [Read Judgment]")
Mere Non-Disclosure does not lead to Penalty u/s 27(3) of the TNVAT Act: Madras HC [Read Judgment]
In a recent ruling, the single bench of the Madras High Court observed that mere non-disclosure cannot be sole ground for invoking penalty under section 27(3) of the Tamil Nadu VAT Act.In the opinion...
Power to Impose Penalty u/s 47(6) of KVAT Act is not Absolute; Quantum of Penalty must be ascertained to the Gravity of Offence: Kerala HC [Read Judgment]
In a recent decision, the division bench of the Kerala High Court held that he power vested on the officer to impose penalty u/s 47(6) of the KVAT Act is not absolute and the officer cannot impose...
Penalty cannot be levied on a Govt Authority who defaults Service Tax payment without Intention: CESTAT Delhi [Read Order]
In a recent ruling, the Delhi CESTAT observed that penalty is not leviable on a Government authority who defaulted payment of service tax without any malafide intention to evade tax. In the instant...
![Interest not allowable on Delayed Refund of Penalty deposited: CESTAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/11/Interest.jpg "Interest not allowable on Delayed Refund of Penalty deposited: CESTAT Ahmedabad [Read Order]")