ITAT Dehradun Deletes Penalty for Lack of Specificity under Section 270A

Advertisement Himalayan Vacations Private Limited Vs ACIT (ITAT Dehradun) The Income Tax Appellate Tribunal (ITAT), Dehradun, delivered its order in the case of Himalayan Vacations Private Limited vs. ACIT concerning Assessment Year 2018–19. The appeal was filed by the assessee against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, dated 20 January 2025, passed under Section 250 of the Income Tax Act, 1961. The assessee, a private limited company, filed its return of income electronically, declaring a total income of ₹85,03,260. Th...