Video NEW INCOME TAX NOTICES 2026 ISSUED बुरा फंसा Taxpayer! AI TOOLS | हो जाए सावधान | ITR PROCESSING
Video INCOME TAX NOTICES 2026 ISSUED बुरा फंसा Taxpayer! AI TOOLS | हो जाए सावधान | ITR PROCESSING
Tag Archives: Income Tax penalty
Video ITR REFUND LATEST NEWS इंतजार करने वाले को झटका ! ITR REFUND DELAY ! ITR PROCESSING LATEST UPDATE
Video ITR REFUND LATEST NEWS इंतजार करने वाले को झटका ! ITR REFUND DELAY ! ITR PROCESSING LATEST UPDATE
No Penalty under Section 272A if the Assessee failed to reply Intitial Notice but replied subsequent notices
Penalty Under Section 272A Not Justified When Assessee Eventually Complies and Assessment is Completed Key Facts: The AO initiated penalty proceedings under Section 270A and 272A(1)(d) for the assessee’s failure to respond to notices. The assessee did not respond to the initial notices but provided the required information in response to subsequent notices. The AO… Read More »
NEW CHANGE IN INCOME TAX PENALTY PROVISON I TDS I WRONG REPORTING i CA SATBIR SINGH
NEW CHANGE IN INCOME TAX PENALTY PROVISON I TDS I WRONG REPORTING i CA SATBIR SINGH
Income Tax Penalty on Doctors for not maintaining Books : ITAT
Income Tax Penalty on Doctors for not maintaining Books : ITAT ITAT Pune Yogesh Parashram Pangarkar Vs ITO ITA No.1162/PUN/2018 15/03/2022 Related Assessment Year : 2013-14 This is an appeal filed by the Assessee directed against the order of ld. Commissioner of Income Tax(Appeals)-1, Pune, Appeal Number.PN/CIT(A)1/DCIT,Cir.1(2)/PN/508/16-17 dated 12.01.2018 for the Assessment Year 2013-14.The Assessee… Read More »
TAX & PENALTY on CASH DEPOSIT in SAVING BANK ACCOUNT I INCOME TAX on UNEXPLAINED MONEY I CA Satbir
TAX & PENALTY on CASH DEPOSIT in SAVING BANK ACCOUNT I INCOME TAX on UNEXPLAINED MONEY I CA Satbir
PENALTY IF INCOME TAX NOTICE NOT REPLIED i CA SATBIR SINGH
PENALTY IF INCOME TAX NOTICE NOT REPLIED i CA SATBIR SINGH
No Penalty as Show Cause Notice issued in Casual manner : ITAT
A bare reading of the above notice suggests that the notice has been issued in a casual fashion. The Assessing officer has not applied his mind and no specific charge is mentioned for which the assessee was required to be show caused. In absence of the requisite contents of specific charge the initiation of proceedings… Read More »
Fees & Penalty for Delay/ Non filing of TDS Return of Income Tax (FA 2019)
Fees & Penalty for Delay/ Non filing of TDS Return [As amended by Finance Act, 2019] No filing or Late filing of TDS returns or TDS statement under Income Tax Act shall be liable for 2 penal consequence 1.Fee for late filing U/s 234E and 2. Penalty for late filing or Non filing of TDS… Read More »
Income Tax Commissioner Power to Reduce or Waive Penalty [ FA 2019]
Power of Commissioner to Reduce or Waive Income Tax Penalty [As amended by Finance Act, 2019] POWER OF PRINCIPAL COMMISSIONER OR COMMISSIONER TO REDUCE OR WAIVE PENALTY In the tutorial on ‘Penalties Under the Income-tax Act’, we discussed various penalties imposable under the Income-tax Act in respect of various defaults. Apart from enacting penalty provisions,… Read More »