https://www.taxtmi.com/caselaws?id=778231 ITAT DELHI-AT set aside penalty under s.270A, holding the AO failed to specify which limb of s.270A was invoked, so penalty could not be sustained. The tribunal noted the PF/ESI late-payment disallowance was a debatable issue at assessment time and was later clarified by higher-court authority, and that interest to MSME had been taxed by the assessee. For these reasons assessment did not attract s.270A penalty; appeal allowed. en-us Wed, 10 Sep 2025 00:00:00 +0530 Fri, 12 Sep 2025 08:45:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778231 ITAT DELHI-AT set aside penalty under s.270A, holding the AO failed to specify which limb of s.270A was invoked, so penalty could not be sustained. The tribunal noted the PF/ESI late-payment disallowance was a debatable issue at assessment time and was later clarified by higher-court authority, and that interest to MSME had been taxed by the assessee. For these reasons assessment did not attract s.270A penalty; appeal allowed. Case-Laws Income Tax Wed, 10 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778231