https://www.taxtmi.com/caselaws?id=800727 Section 270A distinguishes under-reporting from misreporting and permits an enhanced penalty only where a specified circumstance under section 270A(9) is established. Where reassessment accepts the income returned in response to a section 148 notice without addition or variation, a penalty order must identify the relevant section 270A(9) clause and establish its ingredients. Withdrawal of a deduction claim during reassessment, without material showing misrepresentation or suppression, does not by itself conclusively prove misreporting. On those facts, the misreporting penalty was unsustainable and deleted. en-us Tue, 06 Oct 2026 00:00:00 +0530 Sat, 10 Oct 2026 08:32:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800727 Section 270A distinguishes under-reporting from misreporting and permits an enhanced penalty only where a specified circumstance under section 270A(9) is established. Where reassessment accepts the income returned in response to a section 148 notice without addition or variation, a penalty order must identify the relevant section 270A(9) clause and establish its ingredients. Withdrawal of a deduction claim during reassessment, without material showing misrepresentation or suppression, does not by itself conclusively prove misreporting. On those facts, the misreporting penalty was unsustainable and deleted. Case-Laws Income Tax Tue, 06 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800727