#section 271(1)(c)
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Channel Owner Companies not Comparable Due to Functional Differences: ITAT Delhi

Distribution Fee for Channel Distribution Not Royalty: ITAT Mumbai

LTCG Exemption allowed as Revenue Failed to Link Assessee to Penny Stock Manipulation

Penny Stock Loss Addition Deleted as Transactions Were Supported by Documentary Evidence

ITAT Rajkot Quashes Reassessment as Escaped Income Was Below ₹50 Lakh Threshold

No Section 271(1)(c) Penalty if Full Disclosure Made in Return & Audit Report: ITAT Rajkot

ITAT Delhi Deletes Section 271(1)(c) Penalty as Notice Lacked Specific Charge

Section 68 Addition Quashed as Loans Were Repaid Through Banking Channels: ITAT Ahmedabad

No 14A Disallowance Without Satisfaction, No Penalty on Debatable Issues

Liquor Trader Gets Relief as ITAT Reduces GP Rate to 3.13% & Deletes Separate Expense Disallowance

Advance Tax Payment Not Shield from Penalty for Concealment of Capital Gains: Madras HC

Reassessment Held Void as AO Invoked Section 147 Instead of Section 153C

Rework Transfer Pricing Addition as Cyber Media Research Was Comparable to Support Services: ITAT Mumbai

Reassessment Quashed as AO Relied Only on Existing Records for Loan Waiver Addition
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.
