#Income Tax Penalty
Log in to FollowEvery article filed under the “Income Tax Penalty” tag — analysis, news and updates.
878 articlesIncome Tax

Income Tax
Section 271(1)(c) penalty cannot be levied on Income Tax Additions on Ad-Hoc Basis
Income Tax

Income Tax
Section 270AA- An option to avoid penalty implications in case of under-reporting and mis-reporting of income
Income Tax

Income Tax
Penalty u/s 271(1)(c) unsustainable as issue already decided in assessee’s favour
Income Tax

Income Tax
Section 271(1)(c) penalty cannot be imposed on debatable issue: MP HC
Income Tax

Income Tax
No penalty on undisputed claim of Interest paid to firm against business income
Income Tax

Income Tax
Section 271F penalty not applicable if Income was below taxable limit
Income Tax

Income Tax
ITAT deletes penalty for delay in submission of Tax Audit as Assessee was unwell & his Accountant left without prior notice
Income Tax

Income Tax
Failure to upload Tax Audit Report due to demise of Auditor is a reasonable cause
Income Tax

Income Tax
Proper service of notice is vital for imposition of section 271(1)(b) penalty
Income Tax

Income Tax
No penalty for Adjustment in book profit due to disallowance of depreciation under MAT provisions
Income Tax

Income Tax
No penalty for non-getting account audited under bona fide belief based on ICAI Guidance Note on tax audit
Income Tax

Income Tax
TDS not deductible on EDC Payment to HUDA; Section 271C penalty not imposable
Income Tax

Income Tax
Penalty not imposable for non-submission of part documents related to bona fide claim as business was closed
Income Tax

Income Tax
