Offence u/s 276C - incorrect claim of deduction u/s 54B - wilful ...

Income Tax

February 1, 2022

Offence u/s 276C - incorrect claim of deduction u/s 54B - wilful evasion - Merely on the statement it is situated in urban area and the agriculture was not carried out at the relevant point of time, it cannot be said that there was suppression. At any event considering the factual aspects which was dealt by the Income Tax Appellate Tribunal, this Court is of the view that the continuation of the prosecution is waste of time and futile exercise. - HC

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Offence u/s 276C - incorrect claim of deduction u/s 54B - wilful ...

Income Tax

February 1, 2022

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