https://www.taxtmi.com/caselaws?id=801070 Enhanced penalty for misreporting of income under section 270A requires proof of the specific ingredients in section 270A(9), rather than mere disallowance of a deduction claim. Disclosure of the claim and payment through banking channels may demonstrate disclosure of material facts. General investigation material concerning the recipient's alleged modus operandi does not by itself establish misrepresentation, suppression of facts, or furnishing of false particulars. An inadmissible claim is distinct from misreporting of income, and penalty proceedings require an independent examination; an assessment disallowance is not conclusive. Where statutory conditions for misreporting are unproved, the enhanced penalty is unsustainable. en-us Tue, 29 Sep 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801070 Enhanced penalty for misreporting of income under section 270A requires proof of the specific ingredients in section 270A(9), rather than mere disallowance of a deduction claim. Disclosure of the claim and payment through banking channels may demonstrate disclosure of material facts. General investigation material concerning the recipient's alleged modus operandi does not by itself establish misrepresentation, suppression of facts, or furnishing of false particulars. An inadmissible claim is distinct from misreporting of income, and penalty proceedings require an independent examination; an assessment disallowance is not conclusive. Where statutory conditions for misreporting are unproved, the enhanced penalty is unsustainable. Case-Laws Income Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801070