#section 271(1)(c)
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1,640 articlesIncome Tax
Income Tax
Mere addition to declared income during assessment proceedings would not ipso facto lead to imposition of penalty
Income Tax
Income Tax
No Penalty if income is assessed on estimate basis and addition is made on that basis
Income Tax
Income Tax
S. 271(1)(c) Penalty cannot be invoked without Specifying Exact Charge
Income Tax
Income Tax
Penalty proceeding invalid if Assessment order nowhere states specific charge of alleged concealment and / or furnishing of inaccurate particulars of income
Income Tax
Income Tax
No penalty for non offering LTCG to Tax due to ignorance of law
Income Tax
Income Tax
AO need not ask explanation for quantum of penalty proposed to be imposed
Income Tax
Income Tax
No Penalty for Disallowance of Debatable and Bonafide claim
Income Tax
Income Tax
Voluntary disclosure in all cases cannot absolve assessee from liability to pay penalty
Income Tax
Income Tax
Penalty not justified on disallowance on certain issue being subject matter of judicial interpretation in number of case
Income Tax
Income Tax
No Penalty on Income disclosed during survey and also in return filed U/s. 153A
Income Tax
Income Tax
Penalty not leviable for mere disallowance of claim made by Assessee
Income Tax
Income Tax
Penalty U/s. 271(1)(c) not justified based on mere high stamp duty valuation of property
Income Tax
Income Tax
Penalty for transfer pricing adjustment not justified if ALP was determined in good faith and with due diligence
Income Tax
Income Tax
