#section 271(1)(c)
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1994 Notification Prevails: Land Beyond 5 Km Is Agricultural- No Capital Gains

Rule 8D Cannot Be Mechanical: Only Net Interest & Income-Yielding Investments Count, Says ITAT

Section 271(1)(c) Penalty Notices Without Specific Limb Quashed: Delhi HC

Penalty u/s. 271(1)(c) set aside as notice failed to specify specific charge or limb

Section 80IA Deduction Restored: ITAT Follows High Court Quashing Approval Withdrawal Order

Taxpayer Wins Penalty Appeal: Full Disclosure Exempts International Tax Addition from Section 270A

54B Exemption Denied Review: CIT(A) Ordered to Examine Revenue Records and Crop Details Reason

Sales Accepted but Purchases Disputed? ITAT Slams 100% Disallowance Reason

Belated but Bona Fide: ITAT Deletes Penalty on Capital Gain Claim- When Deduction is Valid, Penalty is Invalid

ITAT Ahmedabad Allows Depreciation on Amalgamation Goodwill for AY 2016-17

Substantial Justice Precedes Technicality: ITAT Condon Delay for Assessee Facing Director Fraud Issues

No Plot, No Profit, Still Taxed :When AO Shoots the Wrong Person: Middleman Dragged into 56(2)(ix) Tax Trap

ITAT Upholds 100% Penalty on Confirmed Additions Past-Loss Adjustment Irrelevant for 271(1)(c)- Substantial Justice for Delay, No Relief on Merits

Revised return filed before assessment cannot mean concealment- ITAT Jaipur deletes penalty u/s 271(1)(c) -Vague notice & voluntary disclosure save assessee from penalty
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.
