#section 271(1)(c)
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Penalty u/s 271(1)(c) not leviable as disallowance of expense doesn’t mean incorrect furnishing of income

Penalty cannot be cancelled for mere non-specification of limb under which penalty u/s 271(1)(c) is levied

Bogus Purchase: No Penalty if Addition was on Estimated Basis

Penalty u/s 271(1)(c) of Income Tax Act not leviable for mere rejection of claim

When search is initiated, penalty is leviable u/s 271AAB and not under 271(1)(c)

Penalty u/s 271(1)(c) not imposable for application of section 50C of Income Tax Act

Penalty u/s 271(1)(c) not leviable for bona fide wrong claiming of depreciation

No penalty can be levied if income already taxed in the hands of another entity

Reopening of assessment and imposition of penalty set aside as AO failed to satisfy HC direction

Not Striking Out of Irrelevant Ground Vitiates Section 271(1)(c) Penalty Proceedings

Mere unsustainable claim not amounts to furnishing inaccurate particulars of Income

No penalty if Assessee revises return before completion of Assessment & correct Bonafide mistake

Merely claiming exemption which was not acceptable to department cannot entail levy of penalty u/s 271(1)(c)

Penalty u/s 271(1)(c) not imposable when addition is on adhoc 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.
