Judgement

ITAT held that no penalty can be imposed under Section 271(1)(c) when the issue is legally debatable.

Section 271(1)(c) Penalty Unsustainable When Matter Is Legally Arguable: ITAT

ITAT condoned a 121-day delay as unintentional and remanded the case for fresh consideration, emphasising the principles of natural justice and fair hearing.

Delay Not Deliberate: ITAT Condones 121-Day Delay, Restores Appeal for Fresh Hearing

The ITAT deleted a Section 69A addition after accepting that the assessee’s bank account was misused by a travel agent and the deposits were not his unexplained income.

Student’s Details Misused by Travel Agent: ITAT Quashes Unexplained Income Addition

Citing the principles of natural justice, the Tribunal restored the case to the Assessing Officer for fresh review, directing that a proper opportunity must be given to the assessee.

ITAT Condones 705-Days Delay and Restores Matter As Notices Sent to Former Consultant's Email

Notifications

The CBDT has notified key corrections in ITR-1 and ITR-4 forms, including updates to Schedule IT and salary-reporting details.

Important Update: CBDT Amends ITR-1 and ITR-4 Schedules and Salary Details

Articles

In 2025-26, the Income Tax Department disposed of 2.22 lakh appeals, 29% more than before. It reduced old pending cases, resolved complaints faster, and used data-based checks to improve fairness.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Section 271(1)(c) Penalty Unsustainable When Matter Is Legally Arguable: ITAT

Delay Not Deliberate: ITAT Condones 121-Day Delay, Restores Appeal for Fresh Hearing

Student’s Details Misused by Travel Agent: ITAT Quashes Unexplained Income Addition

ITAT Condones 705-Days Delay and Restores Matter As Notices Sent to Former Consultant's Email

Important Update: CBDT Amends ITR-1 and ITR-4 Schedules and Salary Details

Income Tax Dept Clears 2.22 Lakh Appeals in FY 2025-26, Reduces Pendency by 29%