https://www.taxtmi.com/caselaws?id=796882 Enhanced penalty for misreporting of income requires identification of the specific statutory instance of misreporting under section 270A(9). Section 270A distinguishes ordinary under-reporting from under-reporting resulting from misreporting, for which the enhanced penalty under section 270A(8) applies only where one of the listed instances is established. Where assessment-stage satisfaction referred to under-reporting due to misreporting but the notice and penalty order alleged misreporting without specifying the applicable statutory limb, the charge was defective. The failure to specify the precise misreporting instance vitiated the penalty proceedings and could not be cured. en-us Wed, 05 Aug 2026 00:00:00 +0530 Wed, 12 Aug 2026 08:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796882 Enhanced penalty for misreporting of income requires identification of the specific statutory instance of misreporting under section 270A(9). Section 270A distinguishes ordinary under-reporting from under-reporting resulting from misreporting, for which the enhanced penalty under section 270A(8) applies only where one of the listed instances is established. Where assessment-stage satisfaction referred to under-reporting due to misreporting but the notice and penalty order alleged misreporting without specifying the applicable statutory limb, the charge was defective. The failure to specify the precise misreporting instance vitiated the penalty proceedings and could not be cured. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796882