https://www.taxtmi.com/caselaws?id=783155 ITAT Delhi allowed the assessee's appeal and cancelled penalty levied u/s 270A. It held that the penalty notices issued u/s 274 r/w s. 270A were invalid and vague, as they did not specify the precise charge of under-reporting nor quantify the alleged under-reported income. The Tribunal further held that penalty proceedings are independent and distinct from quantum proceedings, and mere reliance on the addition made during assessment, arising from inadvertent discrepancies in service tax returns, was insufficient to establish under-reporting. As Revenue failed to prove deliberate under-reporting for A.Y. 2017-18, the entire penalty proceedings were declared void ab initio and decided in favour of the assessee. en-us Fri, 28 Nov 2025 00:00:00 +0530 Wed, 10 Dec 2025 08:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783155 ITAT Delhi allowed the assessee's appeal and cancelled penalty levied u/s 270A. It held that the penalty notices issued u/s 274 r/w s. 270A were invalid and vague, as they did not specify the precise charge of under-reporting nor quantify the alleged under-reported income. The Tribunal further held that penalty proceedings are independent and distinct from quantum proceedings, and mere reliance on the addition made during assessment, arising from inadvertent discrepancies in service tax returns, was insufficient to establish under-reporting. As Revenue failed to prove deliberate under-reporting for A.Y. 2017-18, the entire penalty proceedings were declared void ab initio and decided in favour of the assessee. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783155