The Ahmedabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal has quashed the penalty on the Central Industrial Security Force on the grounds that CISF lacked clarity about the leviability of service tax on the security services.The bench of Ramesh Nair and C. L. Mahar observed that since there was a lack of clarity about. The Ahmedabad Bench …
The Delhi Bench of the Income Tax Appellate Tribunal has quashed the penalty under Section 271B of the Income Tax Act on the grounds that the NLU-Delhi is not engaged in "business" and exists solely for educational purposes.The bench of Anubhav Sharma and Anil Chaturvedi has observed that to justify invoking the mandate of Section 44AB, it. The Delhi Bench …
The Delhi Bench of the Income Tax Appellate Tribunal has quashed the penalty proceedings as the notice issued to the assessee did not mentioned a categorical indication of specific violation in respect of furnishing inaccurate particulars or concealment of particular income. Therefore, the AO held it to be a case of concealment of the income and an assessee penalty was …
