ITAT deletes Income Tax Penalty on Air India Subsidiary [Read Order]

By Taxscan Team - On April 11, 2022 8:10 am - 2 mins read
ITAT - Income Tax Penalty - Income Tax - Penalty - Air India Subsidiary - Taxscan

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has deleted the penalty under section 271B of the Income Tax Act, 1961 against Air India Air Transport Services Ltd, a subsidiary of Air India. The assessee is a Public sector company Act had to submit its audit report in Form 3CA in which report…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader