Search Results for Tag : Section 27
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Raj. HC: Department Can’t Deny Immunity Benefit Merely on Initiation of Penalty u/s 270A of IT Act(08.01.2024)
Rajasthan High Court has held that the department's action of denying the benefit of immunity merely on the ground that the penalty was initiated unde.....
Tags : Rajasthan High Court, Immunity Benefit, Penalty, Section 270A
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Delhi High Court: Application For Compounding Of Offence U/S 276CC IT Act Cannot Be Rejected(08.03.2022)
Delhi High Court has held that an application for compounding of the offence under Income Tax Act, 1961 cannot be rejected on the ground that Assessee.....
Tags : Delhi High Court, Chief Commissioner of Income Tax, Section 276CC of Income Tax Act, 1961
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Financial Crisis is a ‘Reasonable Cause’ for Delayed Deposit of TDS: ITAT(19.07.2018)
Income Tax Appellate Tribunal (ITAT) held that financial crisis can be a reasonable cause for not depositing the TDS amount with the Government accoun.....
Tags : Income Tax Appellate Tribunal, Section 273B of IT Act
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ITAT, Delhi: Penalty Notice Issued Without Applying Mind in Stereotyped manner is Not Valid(30.03.2022)
Income Tax Appellate Tribunal, Delhi has observed that a penalty notice issued in a stereotyped manner under section 271(1)(c) of the Income Tax Act, .....
Tags : Delhi Income Tax Appellate Tribunal, stereotyped, Section 271(1)(c) of the Income Tax Act, 1961
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Delhi High Court Holds That Assessee Is Eligible For Immunity and Tax Payer Should Be Incentivised(01.04.2022)
Delhi High Court has ruled that the action of income tax authorities to deny the benefit of immunity from penalty under Section 270AA of Income Tax Ac.....
Tags : Delhi High Court, Section 270AA of Income Tax Act, 1961, Section 270A, Tax Payer
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ITAT, Chennai: Penalty Can’t be Levied Based on Estimate Addition(18.04.2022)
Income Tax Appellate Tribunal, Chennai has observed that the order of penalty under section 271(1)(c) of the Income Tax Act, 1961 cannot be levied mer.....
Tags : Income Tax Appellate Tribunal, section 271(1)(c) of the Income Tax Act, 1961
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ITAT Hyderabad: Ignorance of Law Concerning Compulsory Audit Not Reasonable for Deleting Penalty(21.04.2022)
Income Tax Appellate Tribunal, Hyderabad has held that mere ignorance of law under Section 44AB of the Income Tax Act, 1961 for compulsory audit of ac.....
Tags : Income Tax Appellate Tribunal, ignorance of law, Section 44AB of the Income Tax Act, 1961, Section 273B
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Delhi HC Directs Revenue to Grant Immunity Under Section 270AA(26.04.2022)
Delhi High Court has observed that the assessee cannot be prejudiced by the inaction of the Assessing Officer, directing the revenue to grant immunity.....
Tags : Delhi High Court, Section 270AA of the Income Tax Act, 1961, Assessing Officer
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ITAT, Bangalore: Income Tax Penalty Can’t be Imposed on Expenditure Due to Wrong Professional Advice(29.04.2022)
Income Tax Appellate Tribunal, Bangalore has ruled that the income tax penalty under section 271(1) of the Income Tax Act, 1961 cannot be imposed for .....
Tags : Income Tax Appellate Tribunal, income tax, section 271(1), Income Tax Act, 1961, Chartered Accountant
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ITAT: Income Tax Penalty U/S 271E Cannot be Levied In Absence of Regular Assessment(13.05.2022)
Income Tax Appellate Tribunal, Ahmedabad has ruled that the income tax penalty under Section 271E of the Income Tax Act, 1961 cannot be levied in the .....
Tags : Income Tax Appellate Tribunal, Income Tax Act, 1961, Section 271E, assessee
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ITAT, Delhi: Income Tax Penalty Cannot be Imposed Unless Assessee Obliged In Law(05.04.2022)
Income Tax Appellate Tribunal, Delhi observed that the penalty of income tax under section 271(1)(c) of the Income Tax Act, 1961 cannot be obligatory .....
Tags : Income Tax Appellate Tribunal, Delhi, income tax, section 271(1)(c) of the Income Tax Act, 1961, assessee
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Allahabad HC: Weapon's Discovery on Disclosure Statement of Accused Not Enough to Prove Guilt(11.04.2022)
Allahabad High Court has held the discovery of the material object/crime weapon at the disclosure of the accused is important under Section 27 of the .....
Tags : Allahabad High Court, Section 27 of the Indian Evidence Act, 1872, discovery, weapon
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Bombay HC: Court Does Not Have Adjudicatory Powers Under Section 27 of A&C Act(12.04.2022)
Bombay High Court has observed that the Court under Section 27 of the Arbitration and Conciliation Act, 1996 does not have the jurisdiction to conside.....
Tags : Bombay High Court, Section 27 of the Arbitration and Conciliation Act, 1996, arbitral tribunal
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Ker. HC: Quashing Charges u/s 185 MV Act Won’t Nullify Prosecution u/s 279 of IPC(20.03.2025)
Kerala High Court has observed that there is absolutely no merger of the ingredients of Section 279 of IPC, 1860 and Section 185 of the MV Act, 1988 t.....
Tags : Kerala High Court, Section 279, Section 185
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SC: Confession by Accused, in Custody Not Admissible Except to the Extent of Applicability of S. 27(25.11.2024)
Supreme Court has stated that a confessional statement made by the accused to a police officer while in custody is not admissible in the evidence exce.....
Tags : Supreme Court, Confession by Accused, Section 27
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SC: Recovery on Basis of Statement by Accused before Section 27 Disclosure is Not Admissible(29.11.2024)
Supreme Court has held that recovery of materials on the basis of statements given by accused prior to recording of statement under Section 27 of Indi.....
Tags : Supreme Court, Statement by Accused, Section 27
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ITAT: Penalty not to be Imposed When Legal Heir Revises Return, Voluntarily Offers Income to Tax(04.10.2017)
ITAT, Mumbai while quashing penalty proceedings against the legal heir of assessee where he revised the return and voluntarily offered the additional .....
Tags : ITAT Mumbai, Section 271(1)(c) of IT Act, 1961
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SC: If Recovery Isn't Proved to be Based on Disclosure of Accused then S.27 Can't Aid Prosecution(27.02.2025)
Supreme Court has observed that if recovery is not proved to be in furtherance of the confessional statement by accused then Section 27 of Indian Evid.....
Tags : Supreme Court, Disclosure of Accused, Section 27
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ITAT Bangalore: No Penalty If Assessee Admitted Income During Search and Paid Tax(07.11.2017)
Income Tax Appellate Tribunal (ITAT), Bangalore held that penalty under Section 271AAA of the Income Tax Act should not be levied if the assessee admi.....
Tags : Income Tax Appellate Tribunal, Section 271AAA of the Income Tax Act
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