HC Quashes Penalty u/s 270A where claim was based on binding jurisdictional precedent at time of ITR filing:
The Bombay High Court rules the penalty unsustainable where the claim was bona fide, based on prevailing law, and no incremental assessed income existed over Section 143(1) intimation.
HC: No Penalty u/s 270A if Addition Already Made in 143(1) & Claim Was Bona Fide
Meetu Kumari
Apr 3, 2026
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HC Quashes Penalty u/s 270A where claim was based on binding jurisdictional precedent at time of ITR filing
The Bombay High Court rules the penalty unsustainable where the claim was bona fide, based on prevailing law, and no incremental assessed income existed over Section 143(1) intimation.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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