Follow Us:

Archive: 14 April 2025

Posts in 14 April 2025

Dr. B. R. Ambedkar: Architect of India’s Constitution

April 14, 2025 1254 Views 0 comment Print

Explore the life and work of Dr. B.R. Ambedkar, from his early struggles against caste discrimination to his pivotal role in drafting India’s Constitution and advocating for social justice.

Denial of cenvat credit for non-production of User Test Certificate not justified: Madras HC

April 14, 2025 309 Views 0 comment Print

Madras High Court held that denial of cenvat credit on capital goods due to non-production of User Test Certificate not justifiable since revenue has never doubted over the utility or usage of the capital goods. Thus, writ appeal of revenue dismissed.

Co-Op Society Without RBI Banking License cannot be termed as Co-op Bank

April 14, 2025 1140 Views 0 comment Print

ITAT allows co-operative society’s appeal for 80P(2)(a)(i) exemption, stating registration under Co-operative Societies Act prevails without RBI license.

Section 270A Penalty Quashed: Failure to Specify specific Grounds of Misreporting

April 14, 2025 7053 Views 0 comment Print

ITAT Pune sets aside penalty on Kishor Patil under Section 270A, citing lack of clarity in notice and non-specification of misreporting conditions.

Failure to Strike Relevant Limb: ITAT Mumbai Quashes Section 271(1)(c) Penalty Order

April 14, 2025 987 Views 0 comment Print

ITAT Mumbai cancels penalty on Smita Ashok Thakkar citing invalid notice under Section 271(1)(c) due to non-striking of relevant limb in penalty notice.

Section 271(1)(c) Penalty Invalidated Due to AO’s Failure to Specify Exact Charge

April 14, 2025 756 Views 0 comment Print

ITAT Mumbai cancels Section 271(1)(c) penalties on Lyka Labs Ltd for AYs 2010-11, 2011-12 & 2014-15 due to procedural defect in the penalty notices.

Failure to specify applicable clause under Section 270A(9) invalidates penalty

April 14, 2025 1122 Views 0 comment Print

ITAT Pune cancels Section 270A penalty against Kasat Prakash M (HUF) due to non-specification of legal grounds in AO’s notice under the Income Tax Act.

Penalty Orders Invalid Due to Failure to Specify specific Default Under Section 270A(9)

April 14, 2025 1623 Views 0 comment Print

ITAT Pune cancels penalties under Section 270A due to procedural lapses in AO’s notices, citing failure to specify relevant clauses of misreporting.

Failure to Specify Relevant misreporting Limb invalidates Section 270A Penalty Proceedings

April 14, 2025 1029 Views 0 comment Print

ITAT Pune removes Section 270A penalties due to defect in penalty notice lacking reference to specific misreporting clause. Appeals allowed for two assessment years.

Absence of clear & precise Section 270A notice: ITAT Pune deletes Penalty

April 14, 2025 1569 Views 0 comment Print

ITAT Pune deletes Section 270A penalty on salaried assessee due to lack of specific clause in penalty notice and reliance on tax consultant’s actions.

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031