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Case Law Details

Case Name : CVMV Reddy’s Educational &
Appeal Number : Public Charitable Trust Vs ACIT (ITAT Chennai)
Date of Judgement/Order : I.T.A. Nos. 992,1033 &
Related Assessment Year : 1034/Chny/2022
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CVMV Reddy’s Educational & Public Charitable Trust Vs ACIT (ITAT Chennai)

ITAT Chennai held that as the quantum of addition has not attained its finality, the penalty levied under section 270A of the Income Tax Act not imposable.

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