ITAT Deletes Rs. 18.04 Lakh Penalty Under Section 270A for Bona Fide Tax-Filing Error:

ITAT Deletes Rs. 18.04 Lakh Penalty Under Section 270A for Bona Fide Tax-Filing Error

ITAT deletes Rs. 18.04 lakh penalty under Section 270A, holding that a voluntarily corrected bona fide tax-filing error did not warrant penalty.

ITAT Deletes Rs. 18 Lakh Penalty

authorVanshika vermadateJul 25, 2026
Last update on Jul 25, 2026
Premium

ITAT Deletes Rs. 18.04 Lakh Penalty Under Section 270A for Bona Fide Tax-Filing Error

ITAT deletes Rs. 18.04 lakh penalty under Section 270A, holding that a voluntarily corrected bona fide tax-filing error did not warrant penalty.

Also Read

ITAT Allows Jio Platforms' Claims on Depreciation, Interest Expenditure and Advance RevenueITAT Deletes Rs 1.89 Lakh Penalty Under Section 270A, Holds Non-Filing of Form 68 a Technical LapseKerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax YearsITAT Holds Notional Book Entry Without Actual Fund Inflow Cannot be Taxed as Unexplained Cash Credit Under Section 68

About Author

LinkedIn

Vanshika verma

Content Writer

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
1626
Up Next

Loading suggestions…

Recent Posts

ITAT Allows Jio Platforms' Claims on Depreciation, Interest Expenditure and Advance RevenuePremium

ITAT Deletes Rs 1.89 Lakh Penalty Under Section 270A, Holds Non-Filing of Form 68 a Technical LapsePremium

Kerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax YearsPremium

All Posts

Blue Dart Receives GST Show Cause Notice Over Rs 21.03 Crore ITC Issue

ITAT Holds Notional Book Entry Without Actual Fund Inflow Cannot be Taxed as Unexplained Cash Credit Under Section 68

Blue Star Wins Arbitration Against Oman Partner; Rs 462-Crore Claim Dismissed

View All

Tags

ITAT Delhi

StudyCafe Membership

For More details about Membership Click Join Membership Button