https://www.taxtmi.com/caselaws?id=801066 Penalty for under-reporting of income consequent on misreporting under section 270A was unsustainable where the claimed cost of improvement was disclosed in the return and supporting particulars. Disallowance based only on inadequate documentary evidence, particularly for incidental local purchases and labour payments, did not establish suppression or misrepresentation when the improvement work itself was undisputed. Contractor-level documentation was not required in those circumstances, and the penalty was quashed. 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=801066 Penalty for under-reporting of income consequent on misreporting under section 270A was unsustainable where the claimed cost of improvement was disclosed in the return and supporting particulars. Disallowance based only on inadequate documentary evidence, particularly for incidental local purchases and labour payments, did not establish suppression or misrepresentation when the improvement work itself was undisputed. Contractor-level documentation was not required in those circumstances, and the penalty was quashed. Case-Laws Income Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801066