![Voluntary Disclosure in all cases can’t absolve the Assessee from Penal Liabilities: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Voluntary Disclosure in all cases can’t absolve the Assessee from Penal Liabilities: Bombay HC [Read Judgment]")
Voluntary Disclosure in all cases can’t absolve the Assessee from Penal Liabilities: Bombay HC [Read Judgment]
The Bombay High Court while allowing a reference application in favour of the Revenue, held that voluntary disclosure in all cases cannot absolve the...
![Making of a Claim which is not Sustainable in Law would not render Penal Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Making of a Claim which is not Sustainable in Law would not render Penal Liability: ITAT [Read Order]")
![Voluntary Withdrawal of Rebate Claim would not amount to Concealment of particulars or Furnishing Inaccurate Particulars: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Voluntary Withdrawal of Rebate Claim would not amount to Concealment of particulars or Furnishing Inaccurate Particulars: Madras HC [Read Judgment]")
Penalty u/s 271(1)(c) is not Leviable when a Bonafide Claim of the Assessee gets Rejected: ITAT [Read Order]
The Mumbai bench of the ITAT, in M/s. Buildbyte.com v. ACIT, held that penalty under section 271(1)(c) of the Income Tax Act cannot be levied in a case where the assessee made a bonafide claim and the...
![Penalty u/s 271(1)(c) is not Leviable when a Bonafide Claim of the Assessee gets Rejected: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty u/s 271(1)(c) is not Leviable when a Bonafide Claim of the Assessee gets Rejected: ITAT [Read Order]")
No Penalty when Assessee made a Claim under Bona fide belief based on Judicial Precedence: ITAT [Read Order]
A division bench of the delhi Tribunal in DCIT v. American Express India Pvt. Ltd, held that penalty under Section 271(1)(c) of the Income Tax Act, 1961 is not leviable when Assessee made a claim...
Penalty cannot be levied when Legal Heir of Assessee Revises Return and Voluntarily Offers Income to Tax: ITAT Mumbai
In Late Smt. Leelabai Phadke v. ACIT, a division bench of the Mumbai ITAT quashed the penalty proceedings against the legal heir of the assessee he revised the return and voluntarily offered the...
Deferral of Depreciation Allowance cannot be a Ground for Levying Penalty: ITAT Grants Relief to Senior Advocate Harish Salve [Read Order]
Senior Advocate Harish Salve, on Thursday got relief from the Delhi Income Tax Appellate Tribunal (ITAT). The Tribunal, while deleting penalty proceedings against India’s one of the leading advocate,...
![Deferral of Depreciation Allowance cannot be a Ground for Levying Penalty: ITAT Grants Relief to Senior Advocate Harish Salve [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Harish-Salve.jpg "Deferral of Depreciation Allowance cannot be a Ground for Levying Penalty: ITAT Grants Relief to Senior Advocate Harish Salve [Read Order]")
Penalty u/s 271(1)(c) is not Leviable when Income was Charged under MAT Provisions: ITAT Kolkata [Read Order]
In DCIT v. M/s Associate Alcohols & Breweries Ltd, the division bench of the Kolkata ITAT held that penalty under section 271(1)(c) of the Income Tax Act cannot be levied in cases where assessee...
Assessees’ Right to Appeal cannot be denied by Applying Doctrine of Estoppel: ITAT Bangalore [Read Order]
In Patil Kadpakal Garjan v. ACIT, the Bangalore ITAT held that the right of the assessee to challenge the order of the assessment cannot be denied by applying the Doctrine of Estoppel, since it is a...
![Assessees’ Right to Appeal cannot be denied by Applying Doctrine of Estoppel: ITAT Bangalore [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Assessees’ Right to Appeal cannot be denied by Applying Doctrine of Estoppel: ITAT Bangalore [Read Order]")