Penalty u/s 221(1) – Return filed without paying the tax ...

Income Tax

April 11, 2014

Penalty u/s 221(1) – Return filed without paying the tax liability - AO has power to not impose penalty if assessee proves to the satisfaction of the AO that the default was for good and sufficient cause - penalty waived - AT

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Penalty u/s 221(1) – Return filed without paying the tax ...

Income Tax

April 11, 2014

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