#section 271(1)(c)
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No Section 271(1)(c) Penalty if AO’s Addition Lacks Jurisdiction

Initiation of assessment proceedings u/s 153C in case of searched assessee is invalid

ITAT imposes Rs. 2,000 Cost for Non-Cooperation in Penalty Appeal

Cash Payment exceeding prescribed limit towards purchase of land disallowed as per section 40A(3)

Execution of agreement when possession of asset is handed over is transfer as per Section 2(47)

Substantial addition to be made in hands of beneficiaries and not to company providing accommodation entries

Once penalty order is set aside, the criminal case cannot survive

Section 274 Penalty Notice invalid if Specific Fault/Charge Not Conveyed

Addition solely based on estimation without rejecting books is not sustainable

Revisionary power u/s 263 rightly invoked as order erroneous and prejudicial to interest of revenue

Undisclosed overseas bank account matter remanded back as consent waiver form signed

Depreciation under IT Act Section 32 not allowable if No Business Activity

Voluntary disclosure of LTCG under IDS Scheme: ITAT deletes Penalty

Depreciation u/s 32 not available in absence of any business activity
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.
