ITAT Quashes Section 271(1)(c) Penalty on EPF Disallowance for Lack Of Satisfaction:

ITAT Quashes Section 271(1)(c) Penalty on EPF Disallowance for Lack Of Satisfaction

The ITAT Delhi held that penalty cannot be sustained when satisfaction was recorded only for Transfer Price Adjustment

ITAT Quashed a Penalty of Rs 1.20 Crores

authorSaimadateJul 22, 2026
Last update on Jul 21, 2026
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ITAT Quashes Section 271(1)(c) Penalty on EPF Disallowance for Lack Of Satisfaction

The ITAT Delhi held that penalty cannot be sustained when satisfaction was recorded only for Transfer Price Adjustment

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Saima

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Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
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Delhi, Delhi, India
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