https://www.taxtmi.com/caselaws?id=471480 Immunity from penalty under Section 270AA applies where the assessee pays assessed tax and interest within the prescribed period and does not appeal the assessment order. Once these substantive conditions are met, failure to file Form 68 is a technical or venial procedural lapse that does not defeat entitlement to immunity. Penalty for under-reporting of income under Section 270A is therefore liable to be deleted despite non-filing of Form 68. en-us Tue, 10 Feb 2026 00:00:00 +0530 Thu, 03 Sep 2026 18:41:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471480 Immunity from penalty under Section 270AA applies where the assessee pays assessed tax and interest within the prescribed period and does not appeal the assessment order. Once these substantive conditions are met, failure to file Form 68 is a technical or venial procedural lapse that does not defeat entitlement to immunity. Penalty for under-reporting of income under Section 270A is therefore liable to be deleted despite non-filing of Form 68. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471480