HomeDirect TaxAO Enhances Addition from 10% to 100% Despite Bona Fide Error in...

AO Enhances Addition from 10% to 100% Despite Bona Fide Error in Bank Balance: Delhi HC Stays Demand and Penalty Proceedings

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Delhi High Court has admitted a writ petition challenging an assessment order where the Assessing Officer (AO) escalated the proposed addition from 10% to 100% of an erroneously reported bank balance, despite the mistake being admitted as bona fide. The bench of  Justice Dinesh Mehta and Justice Vinod Kumar has restrained the Income Tax…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : 30 May, 2026

Here’s the Tax Law Daily Bulletin for May 30, 2026.GSTROOFTOP SOLAR SYSTEMS NOT ‘WORKS...

Decree on Admission Can’t Be Passed Unless Admission Is Unconditional: Supreme Court

The Supreme Court has held that a court cannot grant a decree merely on...

Supreme Court Quashes Removal of Tirupati Mutt Mahant

The Supreme Court has set aside the removal of the Mahant (Mathadhipati) of Sri...

Rs. 11 Lakh Compensation for Illegal Detention After Parole Order: Supreme Court 

The Supreme Court has held that a prisoner cannot be kept behind bars after...

More like this

JURISHOUR | TAX LAW DAILY BULLETIN : 30 May, 2026

Here’s the Tax Law Daily Bulletin for May 30, 2026.GSTROOFTOP SOLAR SYSTEMS NOT ‘WORKS...

Decree on Admission Can’t Be Passed Unless Admission Is Unconditional: Supreme Court

The Supreme Court has held that a court cannot grant a decree merely on...

Supreme Court Quashes Removal of Tirupati Mutt Mahant

The Supreme Court has set aside the removal of the Mahant (Mathadhipati) of Sri...