1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
TaxTMI Login
🚀 New: Section-Wise Filter ✕
Just a moment...
1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Tribunal cancels penalty under IT Act for lack of assessee's awareness and firm's estimate filing</h1> The penalty imposed under section 273(c) of the IT Act, 1961 was canceled by the tribunal in an appeal as the assessee was not aware of the income ... - The appeal was against a penalty imposed under section 273(c) of the IT Act, 1961 for failure to file an estimate of income. The tribunal canceled the penalty as the assessee was not deemed conscious of the income increase from a firm and the firm itself did not file an estimate. The appeal was allowed. (Case: Appellate Tribunal ITAT MADRAS-B, Citation: 1980 (4) TMI 202 - ITAT MADRAS-B)
TaxTMI 
TaxTMI 
