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![No Penalty If Assessee Voluntarily admits Income through second Revised Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty If Assessee Voluntarily admits Income through second Revised Return: ITAT [Read Order]")
No Penalty If Assessee Voluntarily admits Income through second Revised Return: ITAT [Read Order]
The Income Tax Appellate Tribunal Kolkata bench, last day ruled that penalty under section 271AAA of the Income tax act, 1961 should not be levied...
![Govt Clarifies Issues on Payment of Service Tax in Transitional Period [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/08/Service-Tax-Taxscan.jpg "Govt Clarifies Issues on Payment of Service Tax in Transitional Period [Read Circular]")
![ITAT Ahmedabad allows Claim for Depreciation on Goodwill without a Revised Return during Assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "ITAT Ahmedabad allows Claim for Depreciation on Goodwill without a Revised Return during Assessment Proceedings [Read Order]")
![Revised Return filed by the Assessee on the basis of the CBDT circular cannot hit by Limitation: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "Revised Return filed by the Assessee on the basis of the CBDT circular cannot hit by Limitation: Madras HC [Read Judgment]")