![Cash Transactions of Accepting Loans and Repayments due to Pressing Requirements: ITAT deletes Penalty for Establishing Reasonable Cause [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Cash-Transactions-Loans-Repayments-Pressing-Requirements-ITAT-Penalty-Reasonable-Cause-Taxscan.jpeg "Cash Transactions of Accepting Loans and Repayments due to Pressing Requirements: ITAT deletes Penalty for Establishing Reasonable Cause [Read Order]")
Cash Transactions of Accepting Loans and Repayments due to 'Pressing Requirements': ITAT deletes Penalty for Establishing 'Reasonable Cause' [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that penalty under sections 271D and 271E of the Income Tax Act, 1961 is not...
![Accumulated amount must be invested in modes specified u/s 11(5) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Accumulated-amount-invested-Income-Tax-Act-ITAT-Taxscan.jpeg "Accumulated amount must be invested in modes specified u/s 11(5) of Income Tax Act: ITAT [Read Order]")
![18 Months Delay in challenging Order canceling GST Registration: Madhya Pradesh HC upholds Dismissal of Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/18-Months-Delay-Order-canceling-GST-Registration-Madhya-Pradesh-HC-Dismissal-of-Appeal-Taxscan.jpg "18 Months Delay in challenging Order canceling GST Registration: Madhya Pradesh HC upholds Dismissal of Appeal [Read Order]")
![Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Closure-of-Business-Reasonable-Cause-Non-cooperation-Income-Tax-proceedings-ITAT-Ex-Parte-Order-Taxscan.jpeg "Closure of Business is a Reasonable Cause for Non-cooperation with Income Tax proceedings: ITAT quashes Ex-Parte Order [Read Order]")
![ITAT condones Delay of 4 Years in filing Rectification Application u/s 154 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/ITAT-Rectification-Application-Income-Tax-Act-Taxscan.jpg "ITAT condones Delay of 4 Years in filing Rectification Application u/s 154 of Income Tax Act [Read Order]")
Delay due to Medical Condition is a Reasonable Cause: ITAT Condones Delay of 268 Days by 71 Year Old Assessee [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench, while granting relief to a 71 year oldassessee, has held that the delay due to medical condition is a reasonable cause for the non filing...
![Delay due to Medical Condition is a Reasonable Cause: ITAT Condones Delay of 268 Days by 71 Year Old Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Medical-Condition-Reasonable-Cause-ITAT-Assessee-taxscan.jpeg "Delay due to Medical Condition is a Reasonable Cause: ITAT Condones Delay of 268 Days by 71 Year Old Assessee [Read Order]")
Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return: ITAT upholds Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, while upholding a penalty order passed under section 271F of the Income Tax Act, 1961 held that the declaration of income under the Income...
![Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return: ITAT upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Declaration-of-income-IDS-Income-Tax-Return-ITAT-Penalty-Taxsscan.jpg "Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return: ITAT upholds Penalty [Read Order]")
![Cancer Treatment is a ‘Reasonable Cause’ to Condone Delay: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Cancer-Treatment-ITAT-Taxscan.jpg "Cancer Treatment is a ‘Reasonable Cause’ to Condone Delay: ITAT [Read Order]")
Mistake committed by Advocate is a ‘Reasonable Cause’ to condone Delay in Filing Appeal: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur bench has held that the mistake committed by Advocate is a reasonable cause for condonation of delay in filing appeals. The Assessing Officer passed...
![Mistake committed by Advocate is a ‘Reasonable Cause’ to condone Delay in Filing Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/Advocate-ITAT-Taxscan.jpg "Mistake committed by Advocate is a ‘Reasonable Cause’ to condone Delay in Filing Appeal: ITAT [Read Order]")
No Penalty for Cash Payment made out of Money from Unorganized Finance Sector due to Insistence of Lenders: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that no penalty under section 271D of the Income Tax Act can be levied for cash transactions above the permitted limit if such...
![No Penalty for Cash Payment made out of Money from Unorganized Finance Sector due to Insistence of Lenders: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "No Penalty for Cash Payment made out of Money from Unorganized Finance Sector due to Insistence of Lenders: ITAT [Read Order]")
![Financial Crisis is a ‘Reasonable Cause’ for Delayed Deposit of TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Financial-Crisis-Taxscan.jpg "Financial Crisis is a ‘Reasonable Cause’ for Delayed Deposit of TDS: ITAT [Read Order]")
No Penalty for Delay in filing Return since Assessee was unaware of IT Provisions and Dept did not inform responsibilities: ITAT [Read Order]
In Sub Registrar Dhansura v. Director of Income Tax, the Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) recently ruled that no penalty can be levied for delay in filing Annual Income Tax...
![No Penalty for Delay in filing Return since Assessee was unaware of IT Provisions and Dept did not inform responsibilities: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Return-Filing-Taxscan.jpg "No Penalty for Delay in filing Return since Assessee was unaware of IT Provisions and Dept did not inform responsibilities: ITAT [Read Order]")