![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]")
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...
![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]](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]](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]")
No Penalty u/s 270A of Income Tax Act imposable when Deduction Claim of Education Cess was withdrawn: Rajasthan HC [Read Order]
The Rajasthan High Court has held that the Penalty under section 270A of the Income Tax Act, 1961 is imposable when a deduction claim of education cess was withdrawn. G R Infraprojects Limited,...
![No Penalty u/s 270A of Income Tax Act imposable when Deduction Claim of Education Cess was withdrawn: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Rajasthan-High-Court-Education-cess-deduction-Income-tax-penalty-exemption-Income-Tax-Education-Cess-taxscan.jpg "No Penalty u/s 270A of Income Tax Act imposable when Deduction Claim of Education Cess was withdrawn: Rajasthan HC [Read Order]")
![Scrutiny Notices issued by Addl. CIT instead of AO under Central Charge is valid: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Karnataka-High-Court-Commissioner-of-Income-Tax-TAXSCAN.jpg "Scrutiny Notices issued by Addl. CIT instead of AO under Central Charge is valid: Karnataka HC [Read Order]")
Income Tax Penalty u/s 270A cannot be Levied when Disallowance made on Estimate Basis: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that income tax penalty under Section 270A of the Income Tax Act, 1961 cannot be levied, when...
![Income Tax Penalty u/s 270A cannot be Levied when Disallowance made on Estimate Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Disallowance-Income-Tax-Penalty-Estimate-Basis-ITAT-Income-Tax-Taxscan.jpg "Income Tax Penalty u/s 270A cannot be Levied when Disallowance made on Estimate Basis: ITAT [Read Order]")
Non-serving of Copy of Draft Assessment Order to person who is not an “eligible assessee” u/s 144 B of Income Tax Act will not vitiate Assessment Order: Kerala HC [Read Order]
In a recent ruling the Kerala High Court has held that non-serving of a copy of the draft assessment order to a person who is not an “eligible assessee” under Section 144B of the Income Tax Act,...
![Non-serving of Copy of Draft Assessment Order to person who is not an “eligible assessee” u/s 144 B of Income Tax Act will not vitiate Assessment Order: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Assessment-Order-kerala-high-court-taxscan.webp "Non-serving of Copy of Draft Assessment Order to person who is not an “eligible assessee” u/s 144 B of Income Tax Act will not vitiate Assessment Order: Kerala HC [Read Order]")