Penalty u/s. 270A(9)(a) cannot be sustained as specific instance of misreporting not stated

POONAM GANDHI 28 Jul 2025 1,689 Views 1 comment Print Income Tax | Judiciary

Case Law Details

Case Name : DD Target PMT Ltd. Vs DCIT (ITAT Delhi)

Related Assessment Year : 2017-18

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DD Target PMT Ltd. Vs DCIT (ITAT Delhi)

ITAT Delhi held that imposition of penalty u/s. 270A(9)(a) of the Income Tax Act without mentioning the specific instance of misreporting in the notice or in order will vitiate the penalty order. Accordingly, penalty deleted and appeal allowed.

Facts- A search and seizure action u/s 132 of the Income Tax, 1961 carried out at the premises of the Assessee on 14/06/2019 and 15/06/2019. Consequent to the said search and seizure, the assessment proceedings have been initiated and the assessment orders came to be passed u/s

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Name: POONAM GANDHI

Qualification: CA in Practice

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Location: AHMEDABAD, Gujarat, India

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One Comment

KAILASH BHAGWANDAS BHATIA says:

Thanks for sharing case law

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July 28, 2025 at 1:15 pm

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