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ITAT:Absence of bank details in ROI irrelevant; Confirms penalty following MAK Data…
ITAT:Rejects set-off of STT paid long term capital loss against taxable gains 
ITAT:No penalty on income assessed on protective basis 
ITAT:Directs re-adjudication of concealment penalty under Expl 7 to Sec. 271(1)(c)&nbsp…
HC:Presence of clear, unambiguous ‘direction’ must to initiate penalty…
HC:After Madras, Allahabad HC applies SC ruling in Mak Data; Confirms penalty 
HC:Deletes penalty applying SC's Mak Data ratio; Taxpayer discharged initial…
HC:Accepts employee's bonafide belief that employment termination amount…
SC:Confirms penalty; Holds “voluntary disclosure”, &ldquo…
HC:Levies penalty for wilful participation in bogus lease transaction to claim…
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