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![Penalty u/s 271(1)(c) is Leviable only If the Assessee Files Incorrect, Erroneous or False Return: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "Penalty u/s 271(1)(c) is Leviable only If the Assessee Files Incorrect, Erroneous or False Return: ITAT Hyderabad [Read Order]")
Penalty u/s 271(1)(c) is Leviable only If the Assessee Files Incorrect, Erroneous or False Return: ITAT Hyderabad [Read Order]
The division bench of the ITAT Hyderabad recently ruled that penalty under section 271(1)(c) of the Income Tax Act cannot be levied if there is no...
![Penalty is not leviable on Ground of Mere Disallowance of Expenditure Claimed: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty is not leviable on Ground of Mere Disallowance of Expenditure Claimed: ITAT Mumbai [Read Order]")
![Application u/s 50C to determine Capital Gain is not a Conclusive Proof that sale deed is incorrect or wrong: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Application u/s 50C to determine Capital Gain is not a Conclusive Proof that sale deed is incorrect or wrong: ITAT Ahmedabad [Read Order]")
