Search Results for Tag : Penalty Proceedings

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Penalty Proceedings can’t be Initiated Without a Specific Charge: ITAT(19.04.2019)

Income Tax Appellate Tribunal (ITAT), Indore bench has ruled that no penalty proceedings can be initiated on a suspected defaulter assessee without sp.....

Tags : ITAT, Penalty Proceedings, Specific Charge

Del HC: Invoking Penalty Proc. Based on NFAC’s Own Failure to Lodge Claim Can’t be Sustained by them(19.04.2024)

Delhi High Court has held that invocation of penalty proceedings that are based on the National Faceless Assessment Centre’s (NFAC) own failure to lod.....

Tags : Delhi High Court, Penalty Proceedings, NFAC, Insolvency and Bankruptcy Code

ITAT, Jaipur: Defect in Notice would invalidate Penalty Proceedings(26.06.2019)

Income Tax Appellate Tribunal (ITAT), Jaipur Bench has held that the defect in the notice issued by the income tax department would nullify the entire.....

Tags : Income Tax Appellate Tribunal, Invalidation of penalty proceedings

Del. HC: Information Seeker has No Locus Standi in Penalty Proceedings Under Section 20 of RTI Act(24.07.2024)

Del. HC has observed that formation of opinion under Section 20(2) of the RTI Act is in the exercise of supervisory powers of CIC and not in exercise .....

Tags : Delhi High Court, Information Seeker, Penalty Proceedings

Del. HC: Revenue Needs to Spell Out Clear Ground for Initiating Penalty Proceedings(26.11.2024)

Del. HC has stated that ‘Concealment of income’ & ‘furnishing of inaccurate particulars’ of income u/s 271(1) (c) of IT Act carry different meanings. .....

Tags : Delhi High Court, Penalty Proceedings, Concealment of Income

SC: Interim Moratorium Not Applicable to Penalty Proceedings under Consumer Protection Act(05.03.2025)

Supreme Court has held that interim moratorium under Section 96 of the Insolvency & Bankruptcy Code, 2016 (IBC) is not applicable on penalty proceedin.....

Tags : Supreme Court, Interim Moratorium, Penalty Proceedings