Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1982 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1982 (10) TMI 8 - MADHYA PRADESH HIGH COURTExtract: .......tion in this case to levy the penalty as was done. In the light of the discussion above, therefore, our answers to the two questions are (1) That the Explanation to s. 271(1)(c) of the I.T. Act, 1961, is attracted and (2) The IAC has jurisdiction to levy the penalty. As nobody appeared for the assessee, parties are directed to bear their own costs.
|