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ITAT Kolkata Deletes Section 271(1)(c) Penalty for Bona Fide Rounding-Off Error

13 Aug 2026 · 13 Aug 2026By CA Sandeep Kanoi

ITAT Kolkata deletes Section 271(1)(c) penalty, holding the rounding-off discrepancy was bona fide where purchases and sales were undisputed. The post ITAT Kolkata Deletes Section 271(1)(c) Penalty for Bona Fide Rounding-Off Error appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

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