Skip to content
July 26, 2026 info@indiataxclub.com
  • Facebook
  • instagram
  • twitter
  • linkedin
India Tax Club

India Tax Club

Taxation News and Laws

Primary Menu
  • Home
  • Income Tax
  • GST
  • Business Registration
  • Featured Blogs
  • Calculators
    • Income Tax Calculator
    • FD Calculator
    • Mortgage and Loan EMI Calculator
    • NPS Calculator
    • EPF Calculator
  • Useful Links
  • Free Listing
  • Income Tax

Penalty U/s 270A Deleted – AO Failed to Specify Misreporting Clause

SEO Expert March 14, 2026

ITAT Chennai deletes Sec 270A penalty, ruling 200% penalty for misreporting cannot be imposed without specifying clause of Sec 270A(9) or proper reasoning.

The post Penalty U/s 270A Deleted – AO Failed to Specify Misreporting Clause appeared first on TaxGuru.

Continue Reading

Previous: ITAT Chennai: Registration u/s 12AB & 80G Cannot Be Denied Merely Because Trust Has Not Yet Started Activities
Next: ITAT Chennai: No Addition U/s 56(2)(vii) Where Valuation Difference Within 10% Tolerance Band

Related Stories

  • Income Tax

Understanding Trust Law in India: Formation, Registration & Governance

SEO Expert July 25, 2026
  • Income Tax

ITAT Deletes Sections 41 & 43 BMA Penalties for Bona Fide ESOP Disclosure Omission

SEO Expert July 25, 2026
  • Income Tax

Madras HC Dismisses Writ Against Section 153A Assessment, Cites Alternate Appeal Remedy

SEO Expert July 25, 2026

Markets

Currency Converter

Gold Price

Recent Posts

Cyber Security and Cyber Resilience Framework: Challenges and Expectations
Featured Posts Finance

Cyber Security and Cyber Resilience Framework: Challenges and Expectations

June 26, 2026
Tax Policy and Litigation: Navigating Disputes, Risks & Resolution
Featured Posts Income Tax

Tax Policy and Litigation: Navigating Disputes, Risks & Resolution

June 25, 2026
How to File ITR Online for AY 2026-27: Complete Step-by-Step Guide
Featured Posts Income Tax

How to File ITR Online for AY 2026-27: Complete Step-by-Step Guide

June 11, 2026
The Power of Documentation in Audit
Featured Posts

The Power of Documentation in Audit

June 9, 2026
Auditing in the Digital Era: Assurance & Digital Trust
Featured Posts

Auditing in the Digital Era: Assurance & Digital Trust

June 9, 2026
Financial Fraud: A Growing Threat to Businesses and Individuals in India
Featured Posts

Financial Fraud: A Growing Threat to Businesses and Individuals in India

June 9, 2026
  • Facebook
  • instagram
  • twitter
  • linkedin
All rights reserved.
Contact Us

Feel Free to Contact Us