https://www.taxtmi.com/caselaws?id=779863 ITAT held that penalty under s.271G cannot be upheld where the assessing officer failed to identify which specific Rule 10D document(s) were not maintained. Penalty was imposed for failure to benchmark international and specified domestic transactions, which does not constitute the statutory ground for s.271G. Tribunal affirmed the order deleting the penalty and dismissed the Revenue's appeal. en-us Fri, 10 Oct 2025 00:00:00 +0530 Tue, 14 Oct 2025 09:39:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779863 ITAT held that penalty under s.271G cannot be upheld where the assessing officer failed to identify which specific Rule 10D document(s) were not maintained. Penalty was imposed for failure to benchmark international and specified domestic transactions, which does not constitute the statutory ground for s.271G. Tribunal affirmed the order deleting the penalty and dismissed the Revenue's appeal. Case-Laws Income Tax Fri, 10 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779863