200% Sec 270A Penalty Valid; Wrong VI-A deduction Misreporting; 270AA Immunity Denied

Advertisement Uday Uttamrao Nevase Vs Assessing Officer/Assessment Unit (ITAT Pune) ITAT Pune Upholds 200% Sec 270A Penalty – Wrong Chapter-VI-A Claims Treated as Misreporting; No Immunity u/s 270AA In Uday Uttamrao Nevase vs AO (AY 2022-23), the ITAT Pune dismissed the assessee’s appeal and confirmed penalty levied u/s 270A for misreporting of income. The assessee, a salaried individual, had claimed multiple deductions under Chapter-VI-A — including u/s 80DD, 80CCD(2), 80DDB, 80E, 80EEA, 80EEB and 80GGC — aggregating to ₹10.65 lakh without supporting evidence, which were later ad...