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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Levy fo Penalty - AO failed to strike off either of the limbs of ...

Case Laws     Income Tax

January 5, 2017

Levy fo Penalty - AO failed to strike off either of the limbs of section 271(1)(c), which are not satisfied by the assessee and consequently, notice issued under section 274 r.w.s. 271(1)(c) of the Act is bad in law and order levying penalty for concealment thereafter, is infructuous - AT

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