#section 271(1)(c)
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Income Tax
Income Tax
Mere non-allowability of claim not sufficient to impose penalty U/s. 271(1)(c)
Income Tax
Income Tax
No penalty for Bona fide belief that capital loss was not required to be considered U/s. 10(38)
Income Tax
Income Tax
Deletion of Penalty in case of Bonafide belief supported by Factual Circumstances & Decision
Income Tax
Income Tax
No Penalty for claim which was allowed at one Stage and disallowed later on
Income Tax
Income Tax
Penalty cannot be levied merely for non-challenge of addition by assessee in appeal
Income Tax
Income Tax
Deferral of depreciation doesn’t Result in Income Concealment
Income Tax
Income Tax
Concealment has to be checked with reference to return filed U/. 153A
Income Tax
Income Tax
Penalty proceedings liable to be quashed for Inconsistency in recording of satisfaction and levy of penalty
Income Tax
Income Tax
Penalty cannot be levied in respect of an addition not having been made in quantum assessment
Income Tax
Income Tax
Penalty cannot be levied on a basis other than what it was in Quantum Appeal
Income Tax
Income Tax
No Penalty- When deeming provisions are applied for assessing income
Income Tax
Income Tax
Mere Rejection of a Claim would not attract Penalty
Income Tax
Income Tax
Initiation of Penalty Proceeding U/s. 271(1)(c) in absence of clear finding is invalid
Income Tax
Income Tax
No penalty for claim of depreciation at higher rate on UID Kit under bonafide belief
Explore the latest section 271(1)(c) updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
