No Penalty Under Section 270A if Return Filed Under Section 148 is Accepted Without Addition: Important ITAT Ahmedabad Ruling   In a significant relief for taxpayers facing reassessment proceedings, the Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT Ahmedabad) has held that penalty under Section 270A of the Income Tax Act, 1961 cannot be…

The post No Penalty Under Section 270A if Return Filed Under Section 148 is Accepted Without Addition: Important ITAT Ahmedabad Ruling appeared first on The Tax Talk.

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