Immunity under s.270AA can cover a misreporting penalty at 100% of the tax. See if it is open, what it costs against an appeal, and the Form 68 date.
Since 1 March 2026 immunity can cover a misreporting penalty at 100% of the tax. See if it is open, the cost against an appeal, and the Form 68 date.
v1.1 — a passed pay-by date asks whether the demand was paid, and routes to the appeal if it was not.
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by CA Karan Gupta
Since 1 March 2026 immunity can cover a misreporting penalty at 100% of the tax. See if it is open, the cost against an appeal, and the Form 68 date.
Last statutory update: 4 Nov 2026 — v1.1 — a passed pay-by date asks whether the demand was paid, and routes to the appeal if it was not.
Income-tax Act, 1961 (orders for AY 2026-27 and earlier): s.270AA as substituted by Finance Act 2026 w.e.f. 1 March 2026 (immunity including misreporting at 100% additional income-tax; bar where prosecution has started), s.270A(7)/(8)/(9), s.156 / s.220(1), s.249(2), Form 68.
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