#section 271(1)(c)
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Penalty cannot be levied if addition itself was debatable

Penalty should not be imposed for Inadvertent and Bonafide Error

Prosecution for tax evasion not sustainable if Penalty been deleted

Penalty cannot be sustained merely for disallowance of Depreciation claimed at higher rate

New Penalty Provisions Under Section 270A

Penalty cannot be imposed for mere wrong claim of TDS

No Penalty for Rejection of Bonafide Claim

Penalty not leviable if vagueness & ambiguity in recording of satisfaction

Cancer Treatment is reasonable cause for delay in Appeal Filing: ITAT

Penalty U/s. 27(1)(c) cannot be levied for not following FIFO method

Initiation of penalty not valid if AO fails to record satisfaction for the same

Penalty Notice cannot be challenged merely for issue in Template manner

Penalty sustained if Charge for initiation of penalty & charge while levying was same

Penalty cannot levied on suo motu income declared in revised return
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.
