MLA Claimed Full Set-Off of Rs. 36.04 Lakh House Property Loss Under Newly Introduced Provision; ITAT Deletes Rs. 5.67 Lakh Penalty for Bona Fide Error

MLA Claimed Full Set-Off of Rs. 36.04 Lakh House Property Loss Under Newly Introduced Provision; ITAT Deletes Rs. 5.67 Lakh […]

ITAT Deletes Income Tax penalty against incorrect HRA Exemption

ITAT Deletes Income Tax penalty against incorrect HRA Exemption ITAT Delhi has quashed a penalty order passed under Section 270A […]

HC Quashes Penalty u/s 270A; Holds No “Under-Reporting” Where Addition Already Made in Intimation

HC Quashes Penalty u/s 270A where claim was based on binding jurisdictional precedent at time of ITR filing The petitioner, […]