![No Penalty u/s 271C when delay in Filing Appeal occurred due to Ambiguity on direction contained in Statutory Document: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Penalty-appeal-statutory-document-ITAT-taxscan.jpeg "No Penalty u/s 271C when delay in Filing Appeal occurred due to Ambiguity on direction contained in Statutory Document: ITAT [Read Order]")
No Penalty u/s 271C when delay in Filing Appeal occurred due to Ambiguity on direction contained in Statutory Document: ITAT [Read Order]
No Penalty u/s 271C when delay in filing appeal occurred due to ambiguity on direction contained in statutory document, so was held by the Income Tax...
![Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Notice-Concealment-Income-ITAT-Penalty-taxscan.jpg "Notice u/s 274 Fails to specify Concealment or Furnishing Inaccurate Particulars of Income: ITAT deletes Penalty imposed u/s 271(1)(c) [Read Order]")
![ITAT deletes Penalty since Non-Deduction of TDS due to Absence of Invoices [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/ITAT-Penalty-Non-Deduction-TDS-Absence-Invoices-Taxscan.jpeg "ITAT deletes Penalty since Non-Deduction of TDS due to Absence of Invoices [Read Order]")
![Disallowance made by Interpreting Revenue Expenditure as Capital Loss not Sustained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Revenue-Expenditure-Bombay-HC-Taxscan.jpg "Disallowance made by Interpreting Revenue Expenditure as Capital Loss not Sustained: ITAT [Read Order]")
![Penalty Proceedings Initiated without Requisite Satisfaction: ITAT Quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Penalty-Proceedings-Penalty-Penalty-Proceedings-Initiated-without-Requisite-Satisfaction-Requisite-Satisfaction-ITAT-Quashes-Penalty-ITAT-Taxscan.jpg "Penalty Proceedings Initiated without Requisite Satisfaction: ITAT Quashes Penalty [Read Order]")
![Additions made on Estimation Basis: ITAT directs AO to delete Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Additions-Estimation-Basis-Penalty-AO-Assessing-Officer-ITAT-Income-Tax-taxscan.jpg "Additions made on Estimation Basis: ITAT directs AO to delete Penalty u/s 271(1)(c) [Read Order]")
Levy of Penalty of 100% of the Tax Sought to be evaded will Meet the Ends of Justice: ITAT sets aside order [Read Order]
Income Tax Appellate Tribunal (ITAT) of Hyderabad bench held that Levy of penalty of 100% of the tax sought to be evaded would meet the ends of justice and set aside the order passed by assessing...
![Levy of Penalty of 100% of the Tax Sought to be evaded will Meet the Ends of Justice: ITAT sets aside order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Levy-of-Penalty-Tax-Sought-Income-Tax-Penalty-ITAT-taxscan.jpg "Levy of Penalty of 100% of the Tax Sought to be evaded will Meet the Ends of Justice: ITAT sets aside order [Read Order]")
'Bonafide- Silly Mistakes' in Tax Audit Report would not attract Income Tax penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that bonafide and silly mistakes in the tax audit report would not result into imposition of penalty under section 271(1)(c) of the...
![Bonafide- Silly Mistakes in Tax Audit Report would not attract Income Tax penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Tax-Audit-Report-Income-Tax-penalty-ITAT-taxscan.jpeg "Bonafide- Silly Mistakes in Tax Audit Report would not attract Income Tax penalty: ITAT [Read Order]")
Money cannot be treated as 'Unaccounted' merely because of Non-Response from Creditors: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, while deleting penalty under section 271(1)(c) of the Income Tax Act, 1961 has held that the money cannot be treated as ‘unaccounted’ merely...
![Money cannot be treated as Unaccounted merely because of Non-Response from Creditors: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Money-Unaccounted-Non-Response-Creditors-ITAT-Penalty-Taxscan.jpeg "Money cannot be treated as Unaccounted merely because of Non-Response from Creditors: ITAT deletes Penalty [Read Order]")
Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]
In a recent case, the Income Tax Appellate Tribunal (ITAT), Ahmedabad held that if the assessee failed to furnish full details of income required by Assessing Officer, by virtue of Section 271(1)(c)...
![Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Assessing-Officer-Taxscan-1.jpg "Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]")
![Inadvertent and Bonafide Error in Return won’t attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Filing-Return-Taxscan.jpg "Inadvertent and Bonafide Error in Return won’t attract Penalty: ITAT [Read Order]")
![Wrong Claim for TDS would not attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/Finance-Charges-TDS-Taxscan-1.jpg "Wrong Claim for TDS would not attract Penalty: ITAT [Read Order]")