ITAT Deletes 200% Penalty as Consultant’s Error Was a Bona Fide Arithmetical Mistake

Jyotsna Ranchhodbhai Patel Vs DCIT (ITAT Ahmedabad) The appeal before the ITAT Ahmedabad arose from an order of the National Faceless Appeal Centre (NFAC) dated 2 May 2025 for Assessment Year (AY) 2017-18, confirming a penalty imposed under Section 270A of the Income Tax Act for alleged misreporting of income. The appeal was filed with a delay of 209 days. The assessee, a 74-year-old senior citizen living with her 80-year-old husband, explained that both were unfamiliar with the Income Tax Department’s online portal and had no family members in India to assist them, as their children wer...