Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2002 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2002 (9) TMI 251 - ITAT BOMBAY-HExtract: .......squarely covered under clause (a) of Explanation 5 to section 271(1)(c) is, therefore, rejected. The assessee is, therefore, not entitled for any immunity under the provisions of Explanation 5 to section 271(1)(c). The penalties levied by the Department under section 271(1)(c) are, therefore, confirmed. 13. In the result, the appeals are dismissed.
|