#section 271(1)(c)
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Penalty u/s 271(1)(c) Not Leviable Where Survey Disclosure Is Declared in Return & Accepted

Reassessment Quashed for Ignoring Objections to Reopening

No Penalty for Recharacterising Capital Gains as Business Income

Appeal Cannot Be Dismissed Without Deciding Delay Condonation

Section 271(1)(c) Penalty Order Set Aside for Being Non-Speaking

Artificial profit/loss arising from client code modification requires transaction-wise reconciliation-Matter restored

Section 271(1)(c) Penalty Deleted for Revenue-Neutral Loss Claim

₹4 Crore Addition Deleted Because Jurisdiction Collapsed Under Section 153C

Reassessment Upheld Because Return Was Filed on Day of Assessment

Holding Company Is in Business Even Without Operating Revenue

Penalty Deleted After Quantum Remand for Lack of Proper Hearing

Cash Deposit Deletion Without Source Check Fails, Matter Remanded

₹4 Cr Allegation Fails as Wrong Search Year Invalidates 153C Notice

Survey-Based ₹45 L Income Reopened, Final Chance Granted
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.
