Penalty Imposed Under Section 270A While Quantum Appeal Remained Pending Before Tribunal Quashed As Contrary To Section 275(1)(a)
Penalty Imposed Under Section 270A While Quantum Appeal Remained Pending Before Tribunal Quashed As Contrary To Section 275(1)(a) Issue Whether a penalty order passed under Section 270A for under-reporting or misreporting of income is legally sustainable when the quantum appeal filed by the assessee against the assessment order is pending before the Tribunal, in violation… Read More »