#section 271(1)(c)
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No Reassessment Without Concrete Evidence on Loan Sources

Appeal dismissed due to deliberate non-compliance on part of assessee: ITAT Ahmedabad

Rejection of evidence merely because it is in handwritten form is unjustified: ITAT Ahmedabad

Unsecured loans proved to be genuine hence disallowance of interest u/s. 36(1)(iii) deleted

Penalty not imposed for disallowance of Section 80P deduction: ITAT Lucknow

Assessment to be made under Section 144, not 143(3), for defective returns: ITAT Delhi

ITAT Restores LTCG Addition from Penny Stock to CIT(A) for Reevaluation

TP assessment by TPO proceeded on incorrect appreciation of nature of service hence matter restored back

ITAT Mumbai Restores Tax Appeal Due to Covid Delay Exemption

No Penalty for Section 35(2AB) Disallowance if ITR filed before receipt of DSIR Certificate

Penalty u/s. 271(1)(c) rightly set aside as AO not clear about applicability of particular limb

No Section 271(1)(c) penalty if Quantum Addition Is deleted: ITAT Cuttack

Penalty Without Specifying Limb Under Section 271(1)(c) Quashed: ITAT Delhi

No section 271AAA penalty as additions were purely on estimate basis
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.
