https://www.taxtmi.com/caselaws?id=779956 ITAT Pune (AT) held that penalty under section 271(1)(c) could not be sustained where the assessee disclosed correct income and paid tax in response to the s.148 notice, submitted evidence blaming a tax consultant, and the AO failed to rebut that explanation and was inconsistent in the penalty reasoning; penalty under s.271(1)(c) deleted. For AY 2017-18 the AO's imposition of penalty under s.270A was also deleted because the AO did not identify the specific clause(s) of s.270A(9). en-us Tue, 18 Feb 2025 00:00:00 +0530 Thu, 16 Oct 2025 08:30:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779956 ITAT Pune (AT) held that penalty under section 271(1)(c) could not be sustained where the assessee disclosed correct income and paid tax in response to the s.148 notice, submitted evidence blaming a tax consultant, and the AO failed to rebut that explanation and was inconsistent in the penalty reasoning; penalty under s.271(1)(c) deleted. For AY 2017-18 the AO's imposition of penalty under s.270A was also deleted because the AO did not identify the specific clause(s) of s.270A(9). Case-Laws Income Tax Tue, 18 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779956