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Articles for Misreporting

Penalty Order On Ground Of Misreporting Of Income Not Justified When SCN And Assessment Order Alleged Under-Reporting: ITAT
7 months, 3 weeks ago

Penalty Order On Ground Of Misreporting Of Income Not Justified When SCN And Assessment Order Alleged Under-Reporting: ITAT

Live Law  

The Hyderabad Bench of Income Tax Appellate Tribunal has held that the penalty order on the ground of misreporting of income was not justified when show cause notice and the assessment order alleged under-reporting.The bench of Laliet Kumar has observed that once the assessee himself admitted the fact that there was under-reporting of income, which was also accepted. The Hyderabad …

Tax Penalty Show Cause Notice Order Income Officer Return
J&K police condemn BBC for misleading report, warn of action for misreporting
1 year, 3 months ago

J&K police condemn BBC for misleading report, warn of action for misreporting

Firstpost  

A recent report by BBC on the political landscape in Kashmir has sparked a heated debate in India. Jammu and Kashmir’s police have objected to an article published by the BBC on Friday titled “Any story could be your last - India’s crackdown on Kashmir Press” written by Yogita Limaye. Jammu and Kashmir police warned the media house of action …

India Kashmir Report Jammu Bbc Article Fahad Shah
200% Penalty Can’t Be Levied Unless Dept. Specifies Misreporting: ITAT
1 year, 6 months ago

200% Penalty Can’t Be Levied Unless Dept. Specifies Misreporting: ITAT

Live Law  

The Mumbai Bench of the Income Tax Appellate Tribunal has held that a 200% penalty can’t be levied unless the department specifies misreporting.The bench of Aby T. Varkey and Om Prakash Kant has observed that AO failed to bring the addition or disallowance he made in quantum assessment under the ken of to of Section 270A of the Act,. The …

Penalty Itat Assessee 200 Misreporting Section 270A 270A
Underreporting Of Income Due To Re-Computation Of Disallowance By The AO, Does Not Amount To Misreporting Of Income: Delhi High Court
2 years, 6 months ago

Underreporting Of Income Due To Re-Computation Of Disallowance By The AO, Does Not Amount To Misreporting Of Income: Delhi High Court

Live Law  

The Delhi High Court has ruled that where the underreporting of income allegedly done by the assessee is due to the re-computation of the disallowance under Section 14A of the Income Tax Act, 1961 by the Assessing Officer, it would not amount to misreporting of income. The revenue department levied a penalty on the assessee Prem Brothers Infrastructure LLP under …

Tax Court Penalty Delhi High Court Revenue Department Act
Complaints filed against LiveLaw for misreporting Kerala HC proceedings
2 years, 6 months ago

Complaints filed against LiveLaw for misreporting Kerala HC proceedings

Op India  

Multiple complaints have been registered with the Registrar General of the Kerala High Court against the legal news portal LiveLaw for misrepresenting the proceedings of the High Court. The complaints have argued that LiveLaw published a misleading headline for a report on the bail application of Swapna Suresh ’closed’ by the Kerala High Court, which they asserted amounted to contempt …

Court Complaints Bail Application Case Accused High
Assessee Not Immune From Penalty U/S 270AA Income Tax Act Where Proceedings Initiated For Misreporting Of Income: Delhi High Court
2 years, 8 months ago

Assessee Not Immune From Penalty U/S 270AA Income Tax Act Where Proceedings Initiated For Misreporting Of Income: Delhi High Court

Live Law  

The Delhi High Court has observed that it is only in cases where proceedings for levy of penalty have been initiated on account of alleged "misreporting of income" that an assessee is prohibited from applying and availing the benefit of immunity from penalty and prosecution under Section 270AA of the Income Tax Act, 1961.A division bench comprising of Justice Manmohan …

Tax Court Penalty Assessment Delhi High Court Order Income
Florida accuses the CDC of misreporting COVID-19 numbers
3 years, 4 months ago

Florida accuses the CDC of misreporting COVID-19 numbers

Daily Mail  

The Florida Department of Health has accused the Centers for Disease Control and Prevention of misreporting the state's COVID-19 numbers. On Monday, the CDC reported that 28,317 new Covid cases were recorded in The Sunshine State on Sunday, a record-high that was reported by multiple media outlets. The Florida Department of Health claimed on Twitter that the CDC misreported COVID-19 …

Data Cases Numbers State Jones Covid Reported
NBSA Asks Aaj Tak To Air Apology On April 23 For Attributing Fake Tweets To Sushant Singh Rajput
3 years, 8 months ago

NBSA Asks Aaj Tak To Air Apology On April 23 For Attributing Fake Tweets To Sushant Singh Rajput

Live Law  

Rejecting Aaj Tak channel's review petition, the News Broadcasting Standards Authority has asked Hindi news channel 'Aaj Tak' to air an apology on April 23 at 8PM for its misreporting in relation to the death of film actor Sushant Singh Rajput.The NBSA affirmed its earlier order passed on October 6 last year in which it was found that the channel …

Air Rajput Order Hindi Review Singh Channel
The Print brazens it out after misreporting IIT professor's statements
4 years ago

The Print brazens it out after misreporting IIT professor's statements

Op India  

A day after veteran ‘journalist’ Shekhar Gupta’s ‘The Print’ attempted to mislead the readers by misquoting an IIT Professor about India’s response to COVID-19, the publication tried to brazen it out by defending its misreporting of professor’s observations. 2/n — Manindra Agrawal December 16, 2020 Agarwal revealed that the Print had deliberately changed ‘unreported’ cases, he had mentioned in his …

India Model Iit Professor Print Infections Unreported Cases
Income Tax Return: Heavy penalties on late filing and misreporting income
4 years, 4 months ago

Income Tax Return: Heavy penalties on late filing and misreporting income

Live Mint  

Last date for the filing of income tax return for financial year 2019-20 is November 30. Read on for details: Late filing of Income Tax under Section 234F of Income Tax Act If a tax payer fails to furnish the income tax return before deadline, he will be imposed a penalty of five thousand rupees, if the return is furnished …

Tax Income Tax Pay Income Itr Income Tax Return