https://www.taxtmi.com/caselaws?id=799774 Section 270A distinguishes ordinary under-reporting, penalised at 50%, from under-reporting arising from misreporting, penalised at 200%. Enhanced penalty requires identification and proof of a specific circumstance exhaustively listed for misreporting. Omission of salary, interest or rental receipts from a return, even if detected in reassessment, may establish under-reporting but does not alone establish misrepresentation, suppression, unrecorded receipts, false entries or another prescribed form of misreporting. A generic allegation is insufficient, and an enhanced misreporting charge cannot be reconstructed on appeal or converted into ordinary under-reporting. Without an identified and established statutory circumstance, the enhanced penalty must be deleted. en-us Wed, 16 Sep 2026 00:00:00 +0530 Sat, 26 Sep 2026 08:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799774 Section 270A distinguishes ordinary under-reporting, penalised at 50%, from under-reporting arising from misreporting, penalised at 200%. Enhanced penalty requires identification and proof of a specific circumstance exhaustively listed for misreporting. Omission of salary, interest or rental receipts from a return, even if detected in reassessment, may establish under-reporting but does not alone establish misrepresentation, suppression, unrecorded receipts, false entries or another prescribed form of misreporting. A generic allegation is insufficient, and an enhanced misreporting charge cannot be reconstructed on appeal or converted into ordinary under-reporting. Without an identified and established statutory circumstance, the enhanced penalty must be deleted. Case-Laws Income Tax Wed, 16 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799774