Nirav Mahendrabhai Tamboli Vs ITO (ITAT Ahmedabad)
Case ke facts
Nirav Tamboli ki property sale cash mein hui thi. Department ne Section 271D ke tahat ₹15.98 lakh penalty lagayi thi, par co-owners ki consistency aur reasonable cause tha.
Mudda (Issue)
Kya genuine reason aur co-owners ki matching situation mein cash lene par Section 271D penalty lag sakti hai?
Faisla (Held)
Court ne penalty hattadi kyunki taxpayer ne reasonableness dikhayi aur co-owners ki story same thi.
Practical takeaway
Agar aapko cash transaction karna pade aur genuine reason ho—specially agar co-owners ki baat match karti hai—to penalty remove ho sakti hai.
Original report: TaxGuru
Aapke case mein bhi aisa hi mudda hai?
CGA ki team notice, appeal aur department proceedings mein kaam karti hai. Documents ke saath baat kariye.
WhatsApp par poochiyeIncome tax notice ka jawabAur Income Tax faisle
- Azure Power Uranus Private Limited Vs DCIT (ITAT Delhi)ITAT Delhi · Section 263, Section 270A
- Bestone Industries Private Limited Vs ITO (ITAT Delhi)ITAT Delhi
- Kalpana Misra Vs ITO (ITAT Delhi)ITAT Delhi
- Param Dairy Limited Vs DCIT (ITAT Delhi)ITAT Delhi · Section 271AAB
- Sh. Jagjeet Singh Vs DCIT ACIT (ITAT Amritsar)ITAT Amritsar · Section 263
- Veena Chadha Vs Assessing Officer (ITAT Delhi)ITAT Delhi · Section 54
Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-08-26.