Begin typing your search above and press return to search.
![Mere Change in Head of Loss Does Not Constitute Under-Reporting u/s 270A: ITAT Deletes ₹15.19 Cr Penalty [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117857-mere-change-head-loss-does-not-constitute-taxscan.jfif "Mere Change in Head of Loss Does Not Constitute Under-Reporting u/s 270A: ITAT Deletes ₹15.19 Cr Penalty [Read Order]")
Mere Change in Head of Loss Does Not Constitute Under-Reporting u/s 270A: ITAT Deletes ₹15.19 Cr Penalty [Read Order]
The Income Tax Appellate Tribunal, Mumbai Bench (ITAT), held that a mere change in the head under which a loss is classified cannot be treated as...
![Change in Nature of Loss from Business Loss to Speculative Loss not enough to impose Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/business-loss-speculative-loss-ITAT-penalty-Taxscan.jpg "Change in Nature of Loss from Business Loss to Speculative Loss not enough to impose Penalty: ITAT [Read Order]")
![Loss on Derivative Transaction is not Speculative Loss and can be adjusted against Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Business-Loss-Taxscan.jpg "Loss on Derivative Transaction is not Speculative Loss and can be adjusted against Business Income: ITAT [Read Order]")
![Loss from F & O transaction is Speculative Loss, No Set Off since Amendment to s. 73 has Prospective Application: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Share-Trading.jpg "Loss from F & O transaction is Speculative Loss, No Set Off since Amendment to s. 73 has Prospective Application: ITAT [Read Order]")