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Notice Didnt Contain Categorical Indication Of Furnishing Inaccurate Particulars Or Concealment Of Particular Income: ITAT Quashes Penalty Proceedings

Notice Didn't Contain Categorical Indication Of Furnishing Inaccurate Particulars Or Concealment Of Particular Income: ITAT Quashes Penalty Proceedings

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)has quashed the penalty proceedings as the notice issued to the assessee did not mentioned a categorical indication of specific violation in ...

23 Jun 2022 9:30 AM GMT
Evaded Tax Cannot Be Estimated In Penalty Proceedings : Kerala HC [Read Judgment]

Evaded Tax Cannot Be Estimated In Penalty Proceedings : Kerala HC [Read Judgment]

A division bench of Kerala High Court comprising of Justices K Vinod Chandran and Ashok Menon held in State of Kerala v. JoemonRajan that intelligence officers cannot attempt to quantify taxable...

12 Nov 2018 1:54 PM GMT