ITAT Deletes Section 270A Penalty as Crypto Tax Provision Not Applicable to AY 2019-20:

ITAT Deletes Section 270A Penalty as Crypto Tax Provision Not Applicable to AY 2019-20

The ITAT Pune ruled that a penalty under Section 270A cannot be sustained based on Section 115BBH, as the provision was not applicable to AY 2019-20

ITAT Quashes Section 270A Penalty

authorVanshika vermadateJul 28, 2026
Last update on Jul 28, 2026
Premium

ITAT Deletes Section 270A Penalty as Crypto Tax Provision Not Applicable to AY 2019-20

The ITAT Pune ruled that a penalty under Section 270A cannot be sustained based on Section 115BBH, as the provision was not applicable to AY 2019-20

Also Read

High Court Holds Judges’ Statutory Allowances Outside New Tax RegimeGot a Rs 6,000 Income Tax Payment Alert? PIB Fact Check Calls It a Phishing ScamDelhi High Court Allows SC and HC Judges to File or Revise ITR Under New Regime Without Listing Certain AllowancesITAT Grants Fresh Opportunity After 220-Day Appeal Delay, Sends Ex-Parte Tax Dispute Back to JAO

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
1786
Up Next

Loading suggestions…

Recent Posts

ICAI Holds Three CAs Guilty of Professional Misconduct Over Client SolicitationPremium

CBI Court Sentences Ex-DGM, Bank of India and Five Others to 10 Years’ Rigorous Imprisonment with Fine of Rs 2.70 Crore in Bank Fraud Case

Company and Directors Face Penalty for Not Filing Declaration within 180 Days of Incorporation: ROCPremium

All Posts

High Court Holds Judges’ Statutory Allowances Outside New Tax Regime

CBI Arrests DGFT Assistant Director General in Rs 30,000 Bribery Case in Haryana

CBI Arrests Proclaimed Offender After Nearly a Decade of Absconding

View All

Tags

ITAT Pune

StudyCafe Membership

For More details about Membership Click Join Membership Button