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
Saima
Jul 22, 2026Premium
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
Also Read
ITAT Quashes Penalty as AO Failed to Validly Initiate Proceedings During AssessmentITAT Holds Mere Suspicion Over Surge in Jewellery Sales During Demonetisation Cannot Justify Addition ITAT Quashes Reassessment as AO Makes No Addition on Reopening IssueITAT Restores Case of Suspicious Transactions to CIT(A) After Rule 46A Application and Key Issues Were Not Properly Considered
About Author
Saima
Content Writer
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.
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.
StudyCafe
Delhi, Delhi, India
275My Recent Articles
- ITAT Quashes Penalty as AO Failed to Validly Initiate Proceedings During AssessmentPremium
- ITAT Holds Mere Suspicion Over Surge in Jewellery Sales During Demonetisation Cannot Justify Addition Premium
- ITAT Rules Mere Omission to Report Exempt Dividend Cannot Convert Tax-Exempt Income into Taxable IncomePremium
- ITAT Allows Section 10(38) LTCG Exemption on Greencrest SharesPremium
- ITAT Condones 185 Day Delay And Grants Fresh Opportunity to Defunct PSU Premium
Up Next
Loading suggestions…
Recent Posts
All Posts
Tags
Recent Posts
All Posts