Failure to note Allegation of Under-Reporting or Misreporting: Delhi HC quashes SCN for which Action u/s 270A was Initiated [Read Order]
The Delhi High Court quashed the show cause notice (SCN) initiating action under Section 270A of the Income Tax Act, 1961 on the failure to note...
![Final Assessment should be passed by AO in accordance with Directions issued by DRP on filing of Objections against Draft Assessment Order within Time Limit: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Final-Assessment-DRP-Draft-Assessment-Order-Delhi-High-Court-AO-taxscan.jpg "Final Assessment should be passed by AO in accordance with Directions issued by DRP on filing of Objections against Draft Assessment Order within Time Limit: Delhi HC [Read Order]")
![No Date for Hearing fixed after Service of SCN: Kerala HC quashes Penalty Proceedings under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/No-Date-Hearing-fixed-Service-of-SCN-Kerala-HC-Penalty-Proceedings-Income-Tax-Act-TAXSCAN.jpg "No Date for Hearing fixed after Service of SCN: Kerala HC quashes Penalty Proceedings under Income Tax Act [Read Order]")
![Penalty u/s 270A of Income Tax Act cannot be Levied for Bonafide Mistake of Mere change in Head of Income while Computing Total Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Penalty-Income-Tax-Act-Bonafide-Mistake-Mistake-Income-Tax-Act-cannot-be-Levied-for-Bonafide-Mistake-taxscan.jpg "Penalty u/s 270A of Income Tax Act cannot be Levied for Bonafide Mistake of Mere change in Head of Income while Computing Total Income [Read Order]")
No information in respect of Interest on Income Tax Refund to tax available at time of filing Return of Income: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench while deleting the penalty imposed under Section 270A Income Tax Act, 1961 observed that no information received was by assessee in respect...
![No information in respect of Interest on Income Tax Refund to tax available at time of filing Return of Income: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-information-respect-Interest-Income-Tax-Refund-tax-available-time-of-filing-Return-of-Income-ITAT-deletes-Penalty-taxscan.jpg "No information in respect of Interest on Income Tax Refund to tax available at time of filing Return of Income: ITAT deletes Penalty [Read Order]")
Relief to Jaypee Cement: ITAT deletes Penalty of Rs.132 Cr. imposed for Misreported Income due to mistake of Tax Auditor [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench deleted the penalty of Rupees 132 crore imposed on Jaypee Cement for misreporting of income by the tax auditor in the tax return. Assessee...
![Relief to Jaypee Cement: ITAT deletes Penalty of Rs.132 Cr. imposed for Misreported Income due to mistake of Tax Auditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Relief-to-Jaypee-Cement-ITAT-deletes-Penalty-imposed-for-Misreported-Income-due-to-mistake-of-Tax-Auditor-TAXSCAN.jpg "Relief to Jaypee Cement: ITAT deletes Penalty of Rs.132 Cr. imposed for Misreported Income due to mistake of Tax Auditor [Read Order]")
Penalty Imposed u/s 270A of IT Act for Misreporting of Income without Application of Mind: ITAT directs Re-adjudication [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) held that the penalty imposed by the assessing officer under section 270A of Income Tax Act,1961 for misreporting of income without the...
![Penalty Imposed u/s 270A of IT Act for Misreporting of Income without Application of Mind: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-IT-Act-misreporting-of-income-ITAT-directs-re-adjudication-Penalty-imposed-IT-Act-ITAT-re-adjudication-Taxscan.jpg "Penalty Imposed u/s 270A of IT Act for Misreporting of Income without Application of Mind: ITAT directs Re-adjudication [Read Order]")
Penalty imposed u/s 270A of Income Tax Act on Non-Disclosure of Interest Income in ROI is valid: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the penalty imposed under Section 270A of the Income Tax Act, 1961 on grounds of non-disclosure of interest income in Return of...
![Penalty imposed u/s 270A of Income Tax Act on Non-Disclosure of Interest Income in ROI is valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-Income-Tax-Act-Income-Tax-Non-Disclosure-of-Interest-Income-in-ROI-is-valid-ITAT-Income-Taxscan.jpg "Penalty imposed u/s 270A of Income Tax Act on Non-Disclosure of Interest Income in ROI is valid: ITAT [Read Order]")
![Penalty under Section 270A cannot be Levied on Estimated Disallowance: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-Estimated-Disallowance-ITAT-Disallowance-Taxscan.jpg "Penalty under Section 270A cannot be Levied on Estimated Disallowance: ITAT [Read Order]")
Wrong Assumption by AO, Order u/s 270 passed under Income Tax not valid when Assessee Preferred for Appeal: Orissa HC [Read Order]
The Orissa High Court (HC)held that the order u/s 270 passed under Income Tax Act, 1961 by Assessing Officer (AO) based on a wrong assumption is not valid when the assessee preferred for appeal. ...
![Wrong Assumption by AO, Order u/s 270 passed under Income Tax not valid when Assessee Preferred for Appeal: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Assumption-AO-Order-Income-Tax-assessee-appeal-Orissa-High-Court-Assessing-Officer-Taxscan.jpg "Wrong Assumption by AO, Order u/s 270 passed under Income Tax not valid when Assessee Preferred for Appeal: Orissa HC [Read Order]")
![Faceless Assessment orders passed without Application of Mind liable to be set aside: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Faceless-Assessment-Bombay-HC-substantial-costs-AO-Taxscan.jpeg "Faceless Assessment orders passed without Application of Mind liable to be set aside: Bombay HC [Read Order]")