AdvertisementMixpanel INC Vs DCIT (Delhi High Court) The Delhi High Court considered writ petitions challenging an order dated 31.03.2026 imposing a penalty of Rs. 9,30,24,492 under Section 270A of the Income-tax Act, 1961 for alleged misreporting of income. The petitioner contended that the penalty arose from an assessment order dated 27.01.2025, which had already been set aside by the Income Tax Appellate Tribunal by its order dated 21.05.2025, including the adjustment relating to fee for technical services. It was submitted that the petitioner had informed the Assessing Officer of the Tribunal’s o...