Cyqurex Systems Private Limited Vs DCIT (ITAT Mumbai)
Case ke facts
Cyqurex Systems ne software kharche ka claim kiya tha, jo department ne disallow kar diya aur ₹1.24 crore penalty Section 270A (under-reporting of income) laga di.
Mudda (Issue)
Kya expenditure disallow hone par automatic penalty lag sakti hai?
Faisla (Held)
Court ne bola ki yeh bona fide claim tha aur taxpayer ne kharcha saaf-saaf dikhaya tha. Sirf claim disallow hone se penalty nahi lagni chahiye thi, penalty hata di.
Practical takeaway
Agar expense claim genuine aur pure disclosure ke saath ho, toh disallowance par bhi penalty nahi lagni chahiye. Claim karte waqt explanation aur supporting papers zarur file karo.
Original report: taxguru.in
Aapke case mein bhi aisa hi mudda hai?
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WhatsApp par poochiyeIncome tax notice ka jawabAur Income Tax faisle
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-10-12.