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![ITAT deletes Penalty since Notice u/s 274 was issued without Application of Mind [Read Order] ITAT deletes Penalty since Notice u/s 274 was issued without Application of Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Notice-Taxscan.jpg)
ITAT deletes Penalty since Notice u/s 274 was issued without Application of Mind [Read Order]
The Income Tax Appellate Tribunal, Mumbai bench, recently deleted the penalty imposed under Section 271(1) (c) of the Income Tax Act by finding that...


![ITAT Deletes Penalty against Balaji Motion Pictures [Read Order] ITAT Deletes Penalty against Balaji Motion Pictures [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Balaji-Motion-Pictures.jpg)
![Specific Charge of Alleged Concealment and or Furnishing of Inaccurate particulars of Income is Mandatory for Levying Penalty: ITAT [Read Order] Specific Charge of Alleged Concealment and or Furnishing of Inaccurate particulars of Income is Mandatory for Levying Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg)
![Penalty can’t be Levied for Disallowance of a Claim which was Debatable and Bonafide: ITAT [Read Order] Penalty can’t be Levied for Disallowance of a Claim which was Debatable and Bonafide: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg)