Case Law Details
Case Name : Ravindra Madhukar Kharche Vs ACIT (ITAT Nagpur)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Nagpur
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Ravindra Madhukar Kharche Vs ACIT (ITAT Nagpur)
In the case of Ravindra Madhukar Kharche vs. ACIT (ITAT Nagpur), the appeal challenges a penalty imposed by the National Faceless Appeal Centre (NFAC) for misreporting income under section 270A of the Income-tax Act, 1961. The appellant, a retired employee of Maharashtra State Electricity Generation Company Ltd. (MSEGCL), had filed an original return of income declaring a total income of ₹44,68,490, claiming a tax refund due to an upward revision of the gratuity exemption from ₹10 Lakhs to ₹20 Lakhs. The Assessing Offic
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