ITAT Cancels Rs 42.49 Lakh Penalty Under Section 270A After Setting Aside Income Additions for Fresh Assessment:
ITAT quashes Rs 42.49 lakh penalty under Section 270A after setting aside the underlying income additions for fresh assessment.
ITAT Quashes Rs 42.49 Lakh Penalty
Vanshika verma
Sep 1, 2026
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ITAT Cancels Rs 42.49 Lakh Penalty Under Section 270A After Setting Aside Income Additions for Fresh Assessment
ITAT quashes Rs 42.49 lakh penalty under Section 270A after setting aside the underlying income additions for fresh assessment.
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Vanshika verma
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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
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