#section 271(1)(c)
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Penalty Unsustainable Once Quantum Assessments Quashed: ITAT Delhi

ITAT Sets Aside Penalty Proceedings to AO, Directs Revisit Post De Novo Assessment

Tax Penalty Deleted Due to Consultant Fraud & Voluntary Payment: ITAT Backs Unaware Assessee

Minor’s Income Clubbed in Mother’s Return Cannot Be Reassessed in Father’s Hands

No jurisdictional error when material relied upon while passing order supplied to assessee

Addition u/s. 56(2)(viib) deleted since there is no over-valuation shares

Section 80-IB(10) deduction was allowable for timely completed wings and held remaining wing to be separate project

Penalty proceedings u/s. 271(1)(c) against non-existent entity untenable: Calcutta HC

Section 56(2)(vii)(b) doesn’t apply to agreement executed before 01.04.2014: ITAT Nagpur

Addition u/s. 69A deleted as identity, genuineness and creditworthiness proved: ITAT Ahmedabad

ITAT Upholds Deletion of ₹5.82 Cr Ad Hoc Profit Estimation Due to Non-Rejection of Books

AO Empowered to Modify Penalty as per Higher Authority or Court Orders

ITAT Quashes Section 271(1)(c) Penalty on Honest Depreciation Claim Errors

ITAT Deletes Penalty Due to Misplaced Reliance on Case Law & Foreign Tax Credit
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.
