https://www.taxtmi.com/caselaws?id=471852 Penalty for under-reporting or misreporting under section 270A was not attracted merely because an education-cess deduction, claimed on a bona fide belief as business expenditure, was voluntarily withdrawn during assessment before an addition. The penalty on that claim was deleted. For donations claimed as deductions, evidence reportedly submitted before the faceless appellate authority required consideration for the unresolved portion; the related penalty issue was remitted for fresh determination. Voluntary withdrawal of a bona fide expenditure claim, without further circumstances, does not establish penal under-reporting or misreporting. en-us Fri, 01 Dec 2023 00:00:00 +0530 Mon, 21 Sep 2026 14:44:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471852 Penalty for under-reporting or misreporting under section 270A was not attracted merely because an education-cess deduction, claimed on a bona fide belief as business expenditure, was voluntarily withdrawn during assessment before an addition. The penalty on that claim was deleted. For donations claimed as deductions, evidence reportedly submitted before the faceless appellate authority required consideration for the unresolved portion; the related penalty issue was remitted for fresh determination. Voluntary withdrawal of a bona fide expenditure claim, without further circumstances, does not establish penal under-reporting or misreporting. Case-Laws Income Tax Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471852